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China’s CICC mulls $7.5bn fund to buy assets from cash-strapped local authorities – exclusive

Investment bank aims to raise capital from public and private Chinese corporates and funds of funds, but does not rule out foreign participation.

Sofos targets $100m first close for green infra fund by year-end – exclusive

China’s Ping An Securities is helping the fund manager find anchor investors in Hong Kong and on the mainland.

Swimming against the carry tax tide

While the rest of the world is nudging up the tax payable on carried interest, Hong Kong is mulling a move the other way.

India’s Adani outbids AMP, NIIF to win second bundle of airports

The infrastructure conglomerate emerged as the winner of a 50-year concession for six airports located in state capitals and densely-populated areas in the country.

NIIF, Eversource acquire stake in UK-backed Indian renewables platform

Both companies and UK development finance institution CDC will jointly invest $330 million in Ayana Renewable Power.

North America, Europe drive infrastructure fundraising

The two regions led the asset class to buck last year’s trend, experiencing a 17% increase in fundraising growth compared to the 11% drop private markets experienced as a whole, McKinsey reveals in a recent report.
Getty Images / Jui-Chi Chan

Throwing a FiT: inside Taiwan’s offshore wind debacle

After an unexpected feed-in-tariff cut, investors and developers ponder whether they have overlooked political risks in a seemingly promising market.

Marubeni eyes ¥30bn first close for new infra fund

The trading house and Mizuho Bank have already committed capital to the new vehicle, which has a target of ¥50bn and will invest in transport and energy infra assets overseas.

China’s Belt and Road Initiative evolves but concerns remain

Moody´s warns about the lack of transparency and the possible impact of a debt burden on member countries.

Taiwan back-pedals on proposed FiT cut after developers push back

While the new FiT tariff at NT$5.516 per MW is still 5.7% lower than last year's, it represents a much more modest reduction than the 12.7% cut the government had in mind.
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