A consortium formed by DIF Infrastructure IV, HICL Infrastructure Company Limited and Allianz Capital Partners on behalf of Allianz Group has announced that it has completed the acquisition of a 100% equity interest in the Affinity Water Group, the UK’s largest water only supply company.
Infrastructure/PPP news in UK (United Kingdom)
The Cayman Islands Government’s (CIG), Ministry of District Administration, Tourism and Transport has launched a tender process to seek a private partner for the development of a new Cruise Berthing Facility (CBF) in George Town.
Ancala Partners, the independent mid-market infrastructure investment manager, and The Peel Group, one of the UK’s leading private real estate investment and infrastructure companies, have announced a joint venture to establish an independent multi-utility operator to be named Leep Utilities.
Octopus Investments Limited, the specialist alternatives manager has announced the successful close of the energy fund Renewable Energy Income Partnership at c.£300 million.
Amber-managed fund International Public Partnerships Ltd has raised £330 million (US$425 million) following significant over-subscription of the issue announced on 12 April.
International Public Partnerships Limited (INPP) has announced that it has acquired an additional interest in the Wolverhampton Building Schools for the Future (BSF) project.
The consortium formed by DIF Infrastructure IV, HICL Infrastructure Company Limited and Allianz Capital Partners on behalf of Allianz Group has announce that it has reached agreement to acquire a 36.6% equity interest in the various entities that comprise the Affinity Water Group from funds managed by Morgan Stanley and InfraCapital.
The Greater Manchester Waste Disposal Authority (GMWDA) has chosen to terminate its PFI contract with the Viridor Laing consortium.
The consortium formed by Equitix, INPP, Barnsley Council, and the Barnsley LEP has announced the refinancing of an education PFI assets situated within the Metropolitan Borough of Barnsley, South Yorkshire (UK).
SNC-Lavalin Group Inc.has announced the closing of CAD880 million (US$647 million) public offering of subscription receipts and US$400 million (US$294 million) private placement of subscription receipts that will be used to finance the anticipated adquisiton of WS Atkins plc.
HICL Infrastructure completes incremental investment in the Medium Support Helicopter Aircrew Training Facility project
HICL Infrastructure Company Limited, the listed infrastructure investment company advised by InfraRed Capital Partners Limited, has announced the completion of an incremental investment of £7.5 million (US$9.6 million) in the Medium Support Helicopter Aircrew Training Facility project.
A Macquarie-led consortium, comprising Macquarie Group Limited, Macquarie European Infrastructure Fund 5 (MEIF5) and Universities Superannuation Scheme (USS), has agreed to acquire the UK Green Investment Bank plc (Green Investment Bank) from the UK govenment for £2.4 billion (US$3.1 billion).
International Public Partnerships has announced its intention to raise £250 million (US$316 million) via an equity issue.
Cory Riverside Energy, one of the UK’s resource management, recycling, and energy recovery companies, has announced the completion of a £520 million (US$652 million) debt-refinancing package for its Riverside Energy from Waste (EfW) plant in Belvedere, East London.
The University of Sussex and Balfour Beatty have reached financial close for a new student accommodation project on the institution’s campus which will provide bedrooms for 2,117 students, together with new student amenities and a Students’ Union building.
Assured Guaranty (Europe) Ltd. (AGE) has announced that it has guaranteed principal and interest payments on approximately £261 million (US$325 million) of bonds and notes raised by St. James’s Oncology Financing Plc to refinance a PFI project for the design, building and maintenance of the Bexley oncology wing of the St. James’s University Hospital in Leeds.
Canadian-based Liberty Living has acquired a £460 million (US$572 million) portfolio of properties from Blackstone becoming the second largest provider of student accommodation in the UK.
The Board of The Renewables Infrastructure Group Limited (TRIG) has announced that the company has raised gross proceeds of £110.0 million (US$110 million) through the issue of 106,796,117 New Ordinary Shares at a price of 103.0 pence per New Ordinary Share.
Robertson Group has announced it has reached financial close with NHS Orkney to deliver a major investment in Island-based healthcare services located in Kirkwall, Orkney (UK).
Birmingham City Council (BCC) has issued a Prior Information Notice (PIN) for the development services of real estate.