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Exits

I Squared in first full Fund I realisation with $580m sale

Lincoln Clean Energy is the first of the 15 portfolio companies to be fully exited by the vehicle, which is currently generating a 18.2% net IRR.

Ardian offloads Luxembourg utility to Chinese SOE

China Southern Power Grid International will be the second-largest shareholder in Encevo after acquiring the French fund manager’s 25.5% stake.

EQT debut fund close to realisation after €440m sale

Tampnet, bought by 3i Infrastructure and ATP, was also partly owned by EQT’s second fund, which has now sold four of its 11 assets.

KKR loses third founding member from European infra team

Senior director Ram Kumar’s mid-July departure follows the exits of director Guido Mitrani in March and global co-head Jesus Olmos in April.

DIF plots further Fund III exits after €62m sale of A63 motorway

The sales process for the firm’s solar portfolio in Canada is thought to be under way.

Partners Group, CDPQ and OTPP team up for €4.6bn Techem buy

The acquisition from Macquarie comes roughly 10 years after MEIF2 paid €1.4bn to gain control of the German metering company.

JPMorgan unloads Asian infra platform

The asset manager is selling its Asian Infrastructure & Related Resources Opportunity platform to emerging markets specialist The Rohatyn Group for an undisclosed amount.

MIRA and SK Telecom to buy Korean security firm from Carlyle

The two companies have agreed to pay $1.2bn for ADT Caps, South Korea’s second-largest security services provider.

Ardian eyes sale of Encevo

First-round bids for the Luxembourg-based utility are expected towards the end of next month.

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.

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