Balfour Beatty has raised $469.1 million for its infrastructure funds management business, Balfour Beatty Infrastructure Partners, according to a filing with the SEC. The fund launched in 2011 with a €750 million ($1.02 billion) fundraising goal.
The fund intends to make investments in predominantly brownfield (operational) assets in its main target sectors of transportation, energy and utilities across the United Kingdom, Europe and North America.
In January 2013, the Balfour fund held a first close with $418 million of commitments, of which Balfour Beatty has committed $110 million.
Recently, in November 2013, the Balfour fund refinanced a 20-megawatt U.K. solar platform, which acqui
