Impax Asset Management Group Plc has announced the close of its third private equity infrastructure fund at EUR357 million (US$420.1 million). Impax New Energy Investors III (NEFIII) is focussed on investments in renewable power generation and related assets in Europe.
The Brazilian government has announced that the National Electricity Energy Agency (ANEEL) will auction concessions for the construction, operation and maintenance of approximately 2,600 km of transmission lines on 28 June 2018.
NN Investment Partners (NN IP) and FMO Investment Management have announced the first close of their NN-FMO Emerging Markets Loans Fund. The capital commitments total US$250 million, 25% higher than the managers' minimum target, and were provided by four key investors from Sweden and the Netherlands.
Zencap Asset Management has announced its intentions to launch a third senior infrastructure debt fund, dedicated to senior financing of European infrastructure. The company is targeting a first close of EUR200 million (US$244.4 million).
Copenhagen Infrastructure Partners’ (CIP) has announced that its newest fund, Copenhagen Infrastructure III (CI III), held a final close on 23 March 2018 at the EUR3.5 billion (US$4.31 billion) hard cap exceeding the EUR3.0 billion (US$3.7 billion) target fund size.
The Water & Electricity Company (WEC) of Saudi Arabia has published a Request for Expressions of Interest for the Jubail Phase 3 Independent Water & Power Project, to be located on the Arabian Gulf Coast, approximately 18km south of the Jubail Industrial City, adjacent to the existing plant units (Jubail Phase 1, Jubail Phase 2 and Jubail RO plants), in the Eastern Province of the Kingdom of Saudi Arabia.
EQT Infrastructure II has entered into a definitive agreement to sell Mongstad Group to Asset Buyout Partners (ABP), a real estate investor specialized on oil and gas clusters, founded by Norwegian private equity investor HitecVision. The parties have agreed not to disclose the transaction value.
Rubicon Infrastructure Advisors has announced the sale of a minority equity interest in its parent company to a subsidiary of Assured Guaranty Ltd.
The Federal Electricity Commission (CFE) of Mexico has announced the bidding rules for proposals for the development of the Ixtepec Potencia – Yautepec Potencia transmission project, which includes the first direct current transmission line. The project represents an estimated investment of US$1.7 billion and will enter into commercial operation in the year 2021.
The Government of Mexico has started the tender process for the Baja California Transmission Line project. The tender is seeking a developer to design, finance, build and operate a 1,400 km transmission line linking Seri, in the state of Sonora, in north-east Mexico, to Cucapáh in the state of Baja California.
Starwood Energy has recently committed US$135 million capital to its Starwood Energy Infrastructure Fund III, taking the fund's total to US$989 million.
After nine months of fundraising, Copenhagen Infrastructure Partners’ (CIP) new fund, Copenhagen Infrastructure III (CI III), has had its sixth close on December 27, 2017 with total commitments reaching EUR2.8 billion (US$3.32 billion).
The Federal Executive Council (FEC) of Nigeria has approved the US$2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project. The 40-inch pipeline will span 614km.
Eleven concessions concerning power transmission lines in Brazil have been awarded, following an auction by the Ministry of Mines and Energy on Friday 15 December. The eleven lots collectively include 4,919km of transmission lines and substations with a total capacity of 10,416 MVA, and represent BRL8.75 billion (US$2.66 billion) in investments.
SCOR Investment Partners, the SCOR group’s portfolio management company, have announced the end of the deployment of €378 million (US$444.06 million) through the SCOR Infrastructure Loans II fund, and the launch of the third generation with the SCOR Infrastructure Loans III fund.
Marguerite has announced the sale of a portfolio of renewable and concession-based assets by the Marguerite Fund to Pantheon.
Peru’s infrastructure authority ProInversion has awarded a PPP contract for the design, construction, financing, operation and maintenance of a 220 kV transmission line located in the south of the country.
Pensions Infrastructure Platform has reached an agreement with Aberdeen UK Infrastructure Partners to acquire 10 stakes in UK PPPs for more than £400 million (US$533,24 million) taking stakes of 30-50% in each of the projects.
Infracapital, the infrastructure equity investment arm of M&G Investments, has successfully reached a final closing of its latest fund, Infracapital Greenfield Partners I LP, with total commitments of £1.25 billion (US$ 1,65 billion). This is well in excess of its £1 billion (US$ 1.32 billion) target and in line with Infracapital’s internal hard cap.
The government of Puerto Rico has released three separate draft request for qualifications (RFQs) seeking interest from qualified firms for projects involving a parking modernization, student housing, and maritime services. The projects will be structured under PPP scheme.