The two Canadian pensions have created companies that will purchase and install at least 2.7 million devices to help with the UK government’s energy efficiency initiative.
The pair has acquired 10.3% of Bharti Infratel, the telecom tower subsidiary of India’s largest telecom operator.
If Brexit wasn’t consuming politicians’ attention, Thames Water’s record £20m fine could’ve easily served as the poster child for those wanting to roll back privatisation.
The $28.5m transaction will see the Singapore-based fund manager exit from an investment it made in 2014 through its $100m third Asian infra vehicle.
The milestone comes two months after the Dutch firm reached a €215m first close on its core infrastructure fund.
The $50bn pension, which currently has a 0.5% allocation to infrastructure, is searching for a consultant to help it with alternatives investments.
The UK’s largest water company, which Macquarie divested earlier this month, has been ordered to pay a record sum after dumping 1.4bn litres of raw sewage in the Thames.
Maturity is giving rise to multiple infrastructure debt strategies that go beyond a senior/junior split. Six industry professionals tell us how to hunt for relative value in a fast-changing market, why mezz might be better than core equity, and how it can be difficult to price assets in a distorted market.
The Philadelphia-based firm already manages $5bn of energy-related assets.
The $300bn Chinese insurer boosted its allocation to alternatives by as much as $5.5bn and dropped its exposure to bonds, stocks and debt investments.
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Infrastructure Investor is a magazine and online news service providing detailed coverage of infrastructure finance and investment globally. It meets the information needs of the funds, financial institutions, governments, developers and other specialists looking for high quality news and analysis on the development of this distinctive asset class, and how you best connect with it.