Zak Bentley
Northill will now only acquire the firm’s UK and US-based businesses in the latest setback for owner Westpac.
The deal comes via the same fund that holds the group’s 5% stake in Thames Water.
The deal from the firm’s fourth fund comes as Equitix launches a successor to the £750m vehicle.
KWAP buys a 45% stake for £67.5m from EFG Hermes, which will continue to hold a 5% interest as it targets further investments in emerging market renewables.
The joint purchase of the 15% stake from 3i Infrastructure is its second sale in recent days after offloading Elenia, with the two deals representing 40 percent of its portfolio value.
As the deadline edges closer, voting for our 2017 awards is heating up across the world. Who will emerge as this year’s winners? You decide.
With the threat of political intervention and restrictions on infrastructure investment looming, Zak Bentley meets five industry professionals who remain confident about the prospects for dealflow and fundraising in Europe’s saturated mid-market
With the threat of political intervention and restrictions on infrastructure investment looming, Zak Bentley meets five industry professionals who remain confident about the prospects for dealflow and fundraising in Europe’s saturated mid-market
Tri-Pillar Infrastructure Fund, led by an ex-JLIF co-founder, has postponed fundraising following the breakdown of a deal negotiation.
The firm has been investing recently through a low-carbon-focused fund, which could raise up to $1.5 billion by the end of next year.