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French energy management company Schneider Electric has agreed to a partnership with The Carlyle Group to provide sustainability and automation upgrades to infrastructure projects. Andrew Marino, co-head of the US private equity firm’s Global Infrastructure Opportunity Fund, said the move was both an efficiency effort and a means of ensuring that current and future investments […]

The two firms say they ‘will be blazing some trails’, with the sub-sector set to become a ‘bigger part of the infrastructure market’.

The US fund manager has offloaded its majority stake in Hudson Fiber Network from its inaugural infrastructure fund.

Steven Sonnenstein, who resigned from the Canadian pension in March, becomes managing director as the firm’s inaugural $3bn fund nears target.