Long row a very tall windmills offshore

Sumitomo-led fund to acquire two UK offshore wind farms

The Japanese trading house has partnered with SMBC and the Development Bank of Japan to raise a ¥30 billion fund that will invest in offshore wind investments abroad.

Police raids IL&FS’ offices as money misuse investigation kicks off

Delhi’s financial investigation agency has raided six offices, to look into allegations of “money siphoning”.

EQT makes US midstream its last investment from Fund III

EQT made the last investment from its €4 billion third infrastructure fund in a US midstream business. The news comes as its fourth fundraise, targeting as much as €9 billion, looks to wrap up in the next couple of months, a source familiar with the matter said. Kodiak Gas Services, a Houston-based midstream company, is […]

Cube Highways snaps up three greenfield assets under new development model

The government will assume 40% of the construction costs, while I Squared's Indian roads platform and Indian developer KNRC will assume the remaining 60%.

Ardian’s Skyline Renewables adds US wind portfolio

An Ardian-backed US renewables venture has made its fourth acquisition in the wind sector since its launch last year as it moves to meet a 3GW goal. Skyline Renewables, a partnership between French fund manager Ardian and Transatlantic Power Holdings, announced the purchase of four wind farms with a combined 117MW capacity. The deal puts […]

ICG eyes fund launch in Q2 following maiden infra deal

The investment in a fibre network on the French island of Réunion is the first by the team formed in April last year by the former EDF Invest infrastructure arm.
Lisbon, Portugal

UBS AM makes first foray into Portugal, fully deploying AIIF II

The manager is following its $644m second equity fund with a third vehicle, said to be targeting about $1bn.
Highway traffic to Jacksonville, Florida, US

Macquarie settlement shows cost of getting traffic forecasts wrong

Macquarie Capital has settled a lawsuit with Syncora Guarantee for $38m, following accusations of using inflated projections to secure a toll road acquisition. We find the pre-crisis deal offers some valuable lessons for the transportation industry.

Corsair launches open-ended fund as $3.4bn Citi fund winds down

The new vehicle this week added Vantage Airport Group and plans to focus its strategy on airport and airport-related investments.

Blackstone’s infrastructure fund seals first two deals

A $3.3 billion midstream investment and an undisclosed transportation deal are the first steps toward building what Blackstone hopes will become one of the largest infrastructure businesses in the world, the firm’s executives said. The New York-based firm announced in a statement it had purchased a 44 percent stake in Tallgrass Energy, a midstream company […]

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