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Ardian’s Skyline Renewables adds US wind portfolio

An Ardian-backed US renewables venture has made its fourth acquisition in the wind sector since its launch last year as it moves to meet a 3GW goal. Skyline Renewables, a partnership between French fund manager Ardian and Transatlantic Power Holdings, announced the purchase of four wind farms with a combined 117MW capacity. The deal puts […]

Energy Capital retools lending strategy with Fund II

The US-headquartered firm’s initial vehicle posted better results in its $377m of senior debt investments than when also taking mezzanine positions into account.
Highway traffic to Jacksonville, Florida, US

Macquarie settlement shows cost of getting traffic forecasts wrong

Macquarie Capital has settled a lawsuit with Syncora Guarantee for $38m, following accusations of using inflated projections to secure a toll road acquisition. We find the pre-crisis deal offers some valuable lessons for the transportation industry.

New Energy Capital closes second debt fund on $500m

New Energy Capital Partners has closed its second clean energy credit fund on its recently announced hard-cap of $500 million. The fund manager, based in Hanover, New Hampshire, said every investor that committed to its first credit vehicle – which closed on $325 million in 2017 – participated in this fundraising, leading New Energy Capital […]

Four key markets to watch in 2019

With uncertainty unlikely to disappear and signs that a market correction may be upon us, Aviva Investors head of infrastructure debt Darryl Murphy zeroes in on where deaflow can be found.

Corsair launches open-ended fund as $3.4bn Citi fund winds down

The new vehicle this week added Vantage Airport Group and plans to focus its strategy on airport and airport-related investments.

Argo IP targets Australian and Asian LPs with new MD hire – exclusive

QIC’s Melannie Pyzik will join Argo Infrastructure Partners this month in a new Sydney-based role with a remit to focus on local investor relations.

Blackstone’s infrastructure fund seals first two deals

A $3.3 billion midstream investment and an undisclosed transportation deal are the first steps toward building what Blackstone hopes will become one of the largest infrastructure businesses in the world, the firm’s executives said. The New York-based firm announced in a statement it had purchased a 44 percent stake in Tallgrass Energy, a midstream company […]

Fiera Infrastructure taps PPP pipeline with new partnership

Fiera Infrastructure is investing in a portfolio of public-private partnerships that Canadian construction services company EllisDon Capital is developing as part of a new partnership agreement. Alina Osorio, the infrastructure investment firm’s president, said Fiera will purchase large equity stakes in 10 social, healthcare and transportation projects across Canada that EllisDon is currently constructing. The […]
Parking

QIC sees tech-focused opportunities in new car park deal

QIC has struck its second car park deal, this time with Northeastern University, that entails not only managing the private university’s campus parking system for 50 years but the ability to invest in technological upgrades. Under the terms of the agreement, which QIC principal Aman Randhawa, described as the “first of its kind for a […]

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