Deals

The 2.2GW Saavi Energia portfolio, which GIP had lent to, is the firm’s first direct equity investment in the country.

The company’s board has agreed to a revised takeover bid from a consortium comprising KKR, Ontario Teachers’ Pension Plan and PSP Investments.

Astound Broadband is Stonepeak’s eighth and largest digital infrastructure deal, with the sector accounting for about half of its portfolio.

John Breckenridge, formerly head of clean energy infrastructure at Capital Dynamics, will lead the newly formed Arevon Energy.

IMCO infra head Tim Formuziewich tells us ‘competitive’ renewables pushed the asset manager to look at storage and shares his plan to turn Green Frog into a utility-scale platform.

The airport’s board says the revised bid continues to undervalue the asset despite a recent surge in covid-19 cases and extended lockdowns in major Australian cities.

The PPP to build a new terminal at the New York airport, originally scheduled to break ground this year, was revised to reflect the realities of covid-19.

The offer represents a 38.6% premium to Aves One’s three-month volume-weighted average share price, giving it an enterprise value of €1bn.

A consortium comprised of KKR and Ontario Teachers’ Pension Plan has come back with an increased offer for Spark Infrastructure after its two previous bids were rejected by the company’s board.

The Australia-based infrastructure manager has thrown its hat in the ring with a bid for superannuation fund Rest’s 50 percent stake in gas pipeline owner SEA Gas.