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The 730MW project received backing from the EIB in November and will get a subsidy €4.7bn less than originally expected.
Vehicle makes its final investment, buying a stake in 14 airports that were among the first assets to be sold under the country’s privatisation programme.
The projects were among those won in Spain’s January 2016 auction, ending the moratorium on new wind farms.
The firm expects the renewables-focused fund to pass its €3bn target by its March final close. It already has 29 investors from Australia, Israel, the Netherlands and Norway.
A single vote is set to make all the difference in our 2017 awards as Sunday’s deadline edges closer.
The experienced infrastructure fund manager has closed its inaugural debt vehicle above target.
Less capital was raised and fewer funds closed this year, but they packed a bigger punch than in previous years.
After more than three years of development, China’s Belt and Road initiative seemed to achieve greater clarity this year, but more work is needed for it to make better financial sense to external investors.
Japan is transforming into a destination for core infrastructure investments, driven by a pipeline powered by privatisations, renewables and private sector consolidation.
The US midstream sector was one of the most active in 2017, with many deals coming out of West Texas. Will it keep up the momentum in 2018?

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