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Two weeks after putting its renewables portfolio up for sale, the developer is looking to divest its roads business, as it works towards a restructuring plan.
The troubled company is also putting on the block under-construction wind assets with a total capacity of 104MW.
Expect a document that gets into the weeds when the LP body issues its best practices for fund restructurings.
As the firm appoints liquidators, founder Arif Naqvi says he is hopeful the fund management business will live on under new owners.
By splitting its alternatives arm, the Danish pension will also start investing on behalf of other institutional investors, effectively taking on the role of asset manager.
The vehicle’s second Spanish deal will see it purchase the receivables from an energy efficient lighting agreement in the municipality of Calafell.
The private-equity firm says it has so far deployed close to $6bn of equity in the asset class, with its president boasting returns ‘into the 40% IRR range’.
The Australian firm has restructured its flagship Antipodean vehicle in an effort to expand its investment mandate.

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