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Malaysian pension fund enters 365MW UK solar portfolio

KWAP buys a 45% stake for £67.5m from EFG Hermes, which will continue to hold a 5% interest as it targets further investments in emerging market renewables.

Tiger backs fibre-optic developer planning US-Canada link

The US-based fund manager has invested in Crosslake Fibre, a company building a cable system connecting Toronto and Buffalo, New York.

LPs warm to fundless co-investments

One-third of limited partners are willing to pay for deals where they are not an existing fund investor, according to a survey by Asante Capital Group.

CPPIB to join ADIA and Goldman as a ReNew investor

The Canadian pension’s proposed $350m investment may result in the third-largest shareholding in the Indian renewables developer.

Morgan Stanley takes majority stake in US midstream business

The bank’s energy investment arm commits to Durango, which supplies natural gas services to producers in Texas, Oklahoma and Kansas.

HK Summit: Asian LPs debate whether to go direct

Panellists such as Ping An’s Dennis Chan argued direct investing is the way to go, while Sompo Japan Nipponkua Insurance’s Motoyuki Takahashi noted they need capable GPs.

CalPERS doubles down on infra separate accounts

Real assets head Paul Mouchakkaa told the pension’s investment committee it will model its infra investment strategy after its real estate one.

OMERS adds 4.36% Thames Water stake

The Canadian pension now holds a 27% stake in the utility after acquiring the share from Hermes.

Ferrovial and Plenary win $1.4bn Melbourne road PPP

Netflow, the pair’s joint venture, is in exclusive negotiations with the Victorian government to verify project details as it targets financial close in the coming months.

German pension closes on 281MW wind farm

The Nordlicht wind farm in Norway was guaranteed by the country’s export credit agency in a move seen as ‘crucial’ to ensure the project’s financial close.

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