Home Japan

Japan

The Sydney-based fund manager does its second deal in recent months with Japanese lenders to refinance one of its wind farms.
The Tokyo-based asset manager has already approved the deployment of ¥11bn in renewables and downstream energy projects in Europe and South America.
MM Capital Partners failed to reach its first close target of ¥30bn for its maiden infrastructure fund due to some investors demanding more seed assets before committing capital.
Long row a very tall windmills offshore
The Japanese trading house has partnered with SMBC and the Development Bank of Japan to raise a ¥30 billion fund that will invest in offshore wind investments abroad.
The trading house and Mizuho Bank have already committed capital to the new vehicle, which has a target of ¥50bn and will invest in transport and energy infra assets overseas.
The government is in the process of identifying candidate sites with the first auctions expected in ‘early summer’.
The asset manager expects demand for data centres in China to be strong thanks to 5G and IoT technologies.
The transaction marks InfraCo Asia’s full exit from the Coc San plant in Vietnam, six years after its initial investment.
Tadasu Matsuo, managing director and head of alternative investment at Japan Post Insurance, lays out the investor’s diversified portfolio investment strategy in an interview with sister title PERE.
AMOAI, the new entity resulting from Asset Management One’s acquisition of Mizuho Global Alternative Investments, is targeting close to $900m for the new vehicle.
ii
ii

Copyright PEI Media

Not for publication, email or dissemination