Exclusives

Fully electric buses may also be on the way as soon as next year, according to a senior executive at the New York authority.

The Luxembourg-based firm is aiming to hit the milestone with between €400m and €500m in commitments from European and North American investors.

The French-based firm has held two closes for the vehicle, which is targeting €400m.

A process to privatise around 75% of the GIB is expected to start in about three weeks.

The investment was made through AIA Energy North America, the US infrastructure platform Argo launched last year with APG, CalSTRS and Crow Holdings.

The vehicle will be raised in three series targeting €700m each.

Gregor Paterson-Jones has moved on to sit on the investment committee of the European Fund for Strategic Investment and assume a number of advisory positions.

The Australian fund manager has made eight internal appointments and one recruitment after two executives left the company.

Juri Jenkner moved internally from his role as co-head of the firm’s private debt business to support the strong growth of its infra programme.

Juri Jenkner moved internally from being co-head of the firm’s private debt business to support strong growth of infra programme.