Home Direct investment

Direct investment

WATCH: ‘There are no cheap markets – infra is no longer the exception’

Jake Lee, head of infrastructure at Hyundai Marine & Fire Insurance, is still willing to take the lower returns that come with core infra, but currency headwinds are steering the Korean insurer away from US dollar assets.

WATCH: ‘Asian investors moving further along the risk spectrum’ – Macquarie Capital

In a two-minute video shot on the sidelines of our Seoul Summit, John Walker, Macquarie Capital's vice chairman for Asia talks about the evolution of Asian investors, how they're now ready to climb up the risk curve and the once-in-a-century investment opportunity offered by renewables in the region.

Asian renewables deliver high returns for Industriens Pension

Co-investments alongside Actis and Equis Funds Group in Asian renewables have generated returns of more than 100% for the Danish pension fund.

Australia’s Cbus makes first direct infra investment

The super fund is paying around $77m to acquire a stake in Bright Energy Investments, a 210MW portfolio of wind and solar assets in West Australia.

Pension trio inject €1bn into Globalvia

The investment by PGGM, OPTrust and USS comes two-and-a-half years after their €420m acquisition of the toll road operator.

Global Summit: MIRA sees ‘very strong’ co-investment in core assets

Senior managing director Phil Peters said MIRA’s limited partners typically want co-investments in core infrastructure assets.

OPTrust takes 51% stake in Australian energy retailer

The investment will allow Flow Power to expand its Melbourne headquarters and establish a presence in Sydney, Adelaide and Brisbane. Flow Power was the first Australian retailer to offer corporate renewable power purchase agreements in the Australian market.

Nomura braced for Southeast Asia infra boom

The Japanese bank has noted increased demand from high-net-worth players as they seek ‘growth, not just yield’ across the region.

CPPIB buys $144m stake in Indian power firm

The Canadian pension has bought a 6.3% share in ReNew Power, and further investment in the company is expected. Last autumn, in a filing with the Competition Commission of India, CPPIB reported that it plans to buy a 16.3% stake in ReNew Power through investments of up to $350m.

PSP to partner Blue Sky for Australian real assets

The pension will work with the fund manager to deploy capital across the country with a long-term view.

Copyright PEI Media

Not for publication, email or dissemination