Home Direct investment

Direct investment

ADIA steers clear of pricey auctions to access infra

In its annual report, Abu Dhabi’s sovereign wealth fund says the outlook for infrastructure asset valuations will be less certain in 2018, given political factors and policy considerations.

OMERS airports sale gives Vinci exposure to US market

The French firm has acquired the Canadian pension’s Airports Worldwide platform, growing its European portfolio in the sector and entering the US air transport sector.

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.

Copyright PEI Media

Not for publication, email or dissemination