Golding Capital Partners (GCP) has started fundraising for Golding Infrastructure 2018, the third generation of the proven, conservative investment strategy for diversified infrastructure exposure. Its target volume is EUR750 million (US$889.22 million).
Infrastructure/PPP news in Germany
Berenberg, Germany’s oldest private bank, has launched the Berenberg Digital Infrastructure Debt Fund I, giving institutional and individual investors the opportunity to invest in the expansion of data networks in Europe through. The target volume is EUR100 million (US$123.27 million).
German motorway planning and construction company DEGES has issued a contract notice for a PPP project concerning 61.8km of the A49 motorway between Fritzlar and the Ohmtal triangle in the state of Hesse.
Golding Capital Partners (GCP), a private equity investor with 17 years experience, has announced the closings of several of its funds.
The consortium consisting of BAM-PGGM and HABAU has announced the financial close of the A10/A24 Neuruppin to Pankow highway expansion PPP project in Germany. The estimated construction cost is EUR650 million (US$806.54 million).
VINCI Facilities SKE, the German subsidiary of VINCI Energies, has been awarded a contract to restructure, expand and manage four schools by the City of Cologne. The value of the 29-year PPP contract is EUR163.5 million (US$196.7 million). It took effect on 1 January 2018.
The Allianz Group has announced that from 1 January 2018, Allianz Capital Partners (ACP) will become a discrete entity under the umbrella of Allianz Global Investors (AllianzGI).
On December 15, 2017, the consortium consisting of BAM-PGGM and HABAU was appointed preferred bidder for the A10/A24 Neuruppin to Pankow project in Germany by the German Unity Motorway Planning and Construction Company (DEGES GmbH), a publicly-owned project management company representing the Federal Republic of Germany.
Marguerite has announced the sale of a portfolio of renewable and concession-based assets by the Marguerite Fund to Pantheon.
Best and final offers have been submitted for Germany’s A10/A24 Neuruppin-Pankow German A-Model motorway PPP project.
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.
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.