AMP Capital has reached final close on the AMP Capital Infrastructure Debt Fund III (IDF III), raising US$2.5 billion for the mezzanine debt strategy, an additional US$800 million in co-investment rights and securing a further US$800 million from investors who want access to its deal capabilities.
Infrastructure/PPP news in Germany
Deutsche AM has achieved final close of Pan European Infrastructure II L.P. (PEIF II), a closed-end fund focusing on unlisted European infrastructure investments.
Aquila Capital has announced the appointment of industry veteran Ian Williams as Head of Consultant Relations.
The German government has shortlisted two bidders – BAM PPP PGGM and Vinci – for its A10/A24 Neuruppin-Pankow A-model road PPP in Brandenburg.
3i Group has announced the first close of the 3i European Operational Projects Fund, with €155 million (US$169 million) raised from a number of European investors, including a commitment of €40m from 3i.
VINCI Concessions subsidiary VINCI Highways and Meridiam Infrastructure have completed the financial arrangements for the A7 motorway public-private partnership (A-Modell) covering a 60 km section between the Bockenem and Göttingen interchanges in Germany.
Taking advantage of the current market conditions with low interest rates, Ferrovial has priced a €500 million (US$540 million) 8-year senior bond. The issue was priced at 85 basis points over midswap, with a coupon of 1.375%.
A Vinci-Meridiam consortium has been named preferred bidder to deliver the Germany’s A7 Salzgitter-Gottingen motorway upgrade project.
EQT has announced that its third fund for infrastructure investments, EQT Infrastructure III, has been closed at the hard cap of €4 billion (US$4.2 million).
China-based HNA Group is in exclusive talks to acquire Frankfurt-Hahn Airport in western Germany.
The European Commission and the European Investment Bank (EIB) have announce today their plans to launch a fund for broadband infrastructure – the Connecting Europe Broadband Fund.
The African Development Bank (AfDB) has announced it has approved a financing package of US$100 million, comprising US$50 million equity and US$50 million convertible senior loan, to seed the Facility for Energy Inclusion (FEI), a pan-African renewable energy debt fund.
The EQT Infrastructure investment strategy has agreed to acquire GlobalConnect A/S from its current shareholders.
KfW IPEX-Bank, as part of a consortium of commercial banks and in cooperation with the European Investment Bank (EIB), is financing a project to widen Germany's A6 motorway between the town of Wiesloch/Rauenberg and the Weinsberg junction.
Allianz Global Investors has announced that two investment teams from Allianz Investment Management, part of Allianz Group, are to join Allianz Global Investors’ expanding global private debt platform.
The European Commission and the European Investment Bank (EIB) have announced their plans to launch a fund for broadband infrastructure – the Connecting Europe Broadband Fund, which will be managed by Cube Infrastructure Managers.
Deutsche Bank has welcomed the Green Climate Fund (GCF) decision to make an initial US$78.4 million investment in Deutsche Asset Management’s fund for renewable energy access in Africa.
American Tower Corporation (AMT) and Dutch pension fund manager PGGM have announced entry into a definitive agreement to form a joint venture (ATC Europe), which will focus on pursuing telecommunications real estate investment opportunities in select countries in Europe.
DIF’s consortium, ViA6West, consisting of HOCHTIEF PPP Solutions, JOHANN BUNTE Bauunternehmung and DIF Infrastructure IV, has been awarded the contract for the construction and operation of the extension of the A6 highway in Germany.
The Rhein-Erft-Kreis, district in the west of North Rhine-Westphalia, Germany has launched the tender process for the construction of new professional training centers in the town of Bergheim.