EQT related stories
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Second appeal to further delay Harrisburg privatisationsA high-profile lawyer for a broke state capital is plotting to appeal a federal court ruling placing Harrisburg in state receivership, further delaying the possible divestment of a waste incinerator as well as a potential parking concession.
- EQT targeting new €1.5bn infrastructure fund
The infrastructure arm of the Swedish private equity firm is in the market for a follow-up to its debut €1.2bn infrastructure fund which it closed in 2008. On completing its most recent deal in December, that fund was around 85% invested.
- EQT Infra enters Finland, Estonia with €200m deal
The infrastructure fund’s first deal in the northern European countries sees it acquire Fortum’s outsourced energy solutions and small-scale heating businesses. With about 85% of its fund invested, EQT is expected to tap the market in 2012 to raise a new infrastructure vehicle.
- GIP holds $3bn first close for Fund II
In a series of filings to the Securities and Exchange Commission, the New York-based global infrastructure fund manager, led by Adebayo Ogunlesi (pictured) disclosed it has raised just over half of its intended $6bn final target.
- Harrisburg parking lease a 'near certainty'
A state appointed receiver will handle financial operation of Harrisburg, Pennsylvania, making a sale of its waste incinerator and lease of its parking a strong possibility.
- Vattenfall mulls €1bn Finnish grid and heating sale
The Swedish power group is gauging market interest for the sale of its Finnish electricity network and its heat distribution business. EQT, Macquarie and a consortium of Goldman Sachs, 3i Infrastructure and Finland’s Illmarinen Mutual Pension Insurance Company are said to be interested in the sale.
- EQT Infra heads to US for latest natural gas deal
The Swedish investor has taken a majority stake in Peregrine, a US natural gas storage company, in a transaction that will allow Peregrine to fund the completion of its first storage facility. Around a week ago, EQT struck a major natural gas transmission deal in its home market.
- EQT monopolises Swedish natural gas transmission sector
A €110m add-on acquisition from utility E.ON gives EQT ownership of Sweden’s entire high-pressure natural gas transmission grid, running over 620km.
- Harrisburg told to lease parking assets
The team coordinating Harrisburg’s financial recovery says the city should sell or lease its parking garages and the indebted waste incinerator (right) at the heart of its financial troubles. But the team does not support the LambdaStar and EQT bid to take over both assets.
- EQT buys majority of Dutch oil storage business
The infrastructure arm of EQT, the Swedish private equity firm, has acquired a majority stake in Argos Terminals, the storage and terminals business of Rotterdam-based oil and energy company Argos Group. EQT will aim to double the storage capacity of the firm over the next few years.