EQT related stories
All articles and analysis
EQT buys Spanish car park operator for €180mThe Swedish investor is acquiring Acciona Aparcamientos, which manages 29 car parks and 16,000 parking spaces in Spain and Andorra. EQT’s €1.2bn infrastructure fund will be about 60% invested when its first Spanish investment closes in July.
- New twist in Harrisburg parking deal
EQT and LambdaStar have made a $140m all-cash offer for the heavily-indebted trash incinerator that brought the Pennsylvania capital to the brink of financial disaster. But the firms also made their offer conditional on a lease of the city’s parking assets, which LambdaStar has been pursuing for nearly three years.
- EQT infra fund buys cooking oil company
Swedish private equity firm EQT has agreed to acquire a cooking oil distribution and waste management company from US private equity firms ABS and Parthenon. After the close of the acquisition, EQT’s €1.2bn infrastructure fund will be about 55% invested.
- Short concessions scare funds off €1bn gas deal
Exxon Mobil and Shell are selling two sets of gas storage assets in Germany with different profiles but the lack of long-term concession contracts for one set of assets is causing infrastructure investors to walk away from the deal or consider realignment with industrial partners.
- News analysis: JPMorgan eyes ‘sensitive’ infra assets
In becoming the $452m winning bidder for Pittsburgh’s parking auction, JPMorgan Asset Management’s infrastructure group continues a move toward assets whose performance is more dependent on the health of the overall economy, such as ports, airports and transportation assets.
- Partners Group collects $735m for direct investments
The firm's prior direct investment fund collected $443 million in 2006.
- Partners Group raises $553m for European mezz
The global alternative investment manager has closed its largest direct private debt vehicle to date.
- Pittsburgh gets $452m bid for parking assets
The winning offer came from a team of JPMorgan and LAZ Parking and carries a 1 November deadline. Runner-up EQT had offered $423m while Carlyle Infrastructure Partners, at $311m, was eliminated during the first round of bidding concluded last week.
- Pittsburgh picks seven to bid for parking assets
Alinda, Carlyle, KKR, EQT and JPMorgan are among the firms selected to compete in the next stage of the bidding process. But Pittsburgh City Council will also move forward with an independent evaluation of alternatives to a 50-year lease of the parking assets.
- EQT infrastructure director found murdered
Munich police have reportedly detained two people in connection with the killing of EQT infrastructure director Dirk von Poschinger-Camphausen.