Home US

US

Hooton Bio Power energy-from-waste plant in Cheshire, UK
The deal to acquire Viridor is the second in the UK for KKR's third infrastructure fund after a deal in October to buy broadband provider Hyperoptic.
The fund has one asset under its belt after the $1.25bn acquisition of a US district heating business last year.
Highly leveraged midstream companies are likely to default on loans, but natural gas, which has not seen commodity price volatility like oil has, is one bright spot.
Large scale solar farm located in rural Spain
The fund, which had a target of $1bn, attracted investors who were all new to the firm's debt platform.
As the industry hunkers down in the wake of the coronavirus pandemic, we speak to GPs, LPs and others to discuss asset class resiliency, the impact on new firms and opportunity assessment.
Daniel Zinic, who will be based in London and join the firm early next month, had assisted Stonepeak in raising its debut fund in 2012 while working at placement agent FIRSTavenue.
Commitments for co-investments and SMAs outpaced capital raised for ECP IV due to the large cheque sizes Asian and Middle Eastern LPs contributed to the fund.
The state's proposal to add a surcharge to management fee income and carried interest has the industry there scrambling to kill the measure.
coronavirus
The global epidemic has wiped at least $1.5trn off global stock markets in the past week.
The vehicle is already 45% invested and is targeting upper mid-teen returns from water assets and other 'essential' infrastructure.
ii
ii

Copyright PEI Media

Not for publication, email or dissemination