Telecommunications
With the telco towers deal likely to be the last of its kind across Australia and New Zealand, fibre opportunities in the region could be targeted next, InfraRed Capital Partners’ Sven Stubiçan says.
The deal, which is in line with the UK firm’s plan to increase its AUM by 20-25% annually over the medium-term, will also serve as a ‘pathway’ to Asian markets.
internet
The NZ-based manager has led a consortium to acquire FiberLight, with head of North America Perry Offutt telling us its perpetual capital should help grow the business faster.
Laurent Chatelin and Pierre Larivière explain how the firm built the solar division of a French energy group into Reden Solar, which generated an IRR of 42% and a money multiple of 4.4x upon exit.
The US-based group has formed a joint venture with New Fortress Energy supplying LNG to countries historically ‘below the radar’ of energy companies.
BlackRock Real Assets has substantially increased its investment in South Korean offshore wind platform KREDO as part of its 'dual-pronged strategy' of accessing the country’s renewables market.
Palisade Investment Partners’ impact investing platform aims to address digital inequity with its A$20.5m cornerstone investment in GigaComm.
The firm is partnering with South Korean renewable energy developer SK D&D in a joint investment company focused on solar PV projects.
The quartet has come together to fund Haddington Venture’s bid to construct the first of a series of green hydrogen platforms in the western US.
China APAC
Sembcorp has paid 3.3bn yuan for a portfolio of 10 renewable energy projects that Albamen Capital will continue to manage on behalf of the Singapore-based energy provider.
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