North America

The private companies that will develop a rental car facility at Newark Liberty International have foregone an availability payment for the risk and reward of full revenue control.

Australian fund manager adds $6.5bn in equity value to the $12bn it has invested in US infrastructure since 2006 by acquiring the petroleum distributor.

With a first close equalling its predecessor’s final close, the manager's fourth flagship infrastructure fund is ‘on pace’ to be its largest infra vehicle.

Cedric Lucas has joined the New York-based investment bank seven months after the private equity firm closed its third infrastructure fund on $7.4bn.

The Toronto-based fund manager is looking to make up to $2bn from selling assets, and views data infrastructure as a promising area for investment.

The new platform will sit within the firm's secondaries unit, Strategic Partners, and work with existing impact managers across all asset classes.

Vehicle’s managers to make direct, primary and secondary investments in western Europe and North America, targeting returns of 6%-8%.

Shareholders in TransAlta Corporation have backed its management by electing its preferred board of directors. The vote took place after an investor brought a legal challenge to the company’s C$750 million ($557.5 million; €838.8 million) deal with Brookfield Asset Management. TransAlta, one of Canada’s largest power producers, issued a statement on 26 April in which […]

With nearly $20bn raised in Q1, expect 2019 to be another record-breaking year for infrastructure fundraising.

US power producer Duke Energy has sold a minority stake in its renewables portfolio to an infrastructure fund owned by Canadian insurance giant Manulife Finance Corporation. According to a statement released by Duke, John Hancock Investments, Manulife’s US capital management division, purchased a 49 percent stake in 37 operating wind, solar and battery storage assets […]