Sacyr Concessions wins $575m contract for Chilean highway project by Kali Persall | Dec 10, 2019 Sacyr Concessions, a company listed on the Spanish Stock Exchange, has won the contract to upgrade Chile’s Route 66 or “El Camino de la Fruta,” a major transportation corridor for agricultural products, according to InfraPPP.
Brenden Woods leaves MIRA, rejoins Stonepeak by Kali Persall | Dec 10, 2019 Brenden Woods has rejoined Stonepeak Infrastructure Partners following a short stint at Macquarie Infrastructure and Real Assets (MIRA), according to several media sources.
Digital Colony enters Brazilian digital infra market with telecom company acquisition by Kali Persall | Dec 10, 2019 Digital Colony Management, the digital infrastructure investment platform of Colony Capital, has acquired Highline do Brasil II Infraestrutura de Telecomunicações, an independent infrastructure solutions provider for the telecommunications industry, from Patria Investments for an undisclosed amount.
Chesapeake Utilities to buy Elkton Gas from South Jersey Industries by Released | Dec 10, 2019 Chesapeake Utilities and South Jersey Industries (SJI) have entered into an agreement under which Chesapeake Utilities will acquire SJI subsidiary Elkton Gas, which operates in Cecil County, Md.
Companies at risk for $2.3t losses as climate governance grows by Kali Persall | Dec 10, 2019 Companies could lose up to $2.3 trillion in value by 2025 as climate change regulations tighten, Reuters reported, regarding a new report by Principles of Responsible Investing (PRI), a United Nations group representing international investors.
MIRA and Skanska consider sale of Virginia toll road concession project by Kali Persall | Dec 10, 2019 Macquarie Infrastructure and Real Assets (MIRA) and Stockholm construction company Skanska are considering buyers for the potential sale of their Elizabeth River Tunnels project, a toll road concession project in Virginia, according to Bloomberg.
The Renewables Infrastructure Group makes third offshore wind investment by Kali Persall | Dec 10, 2019 The Renewables Infrastructure Group (TRIG), a London-listed investment company advised by InfraRed Capital Partners, has contracted to acquire a 36 percent equity interest in the 396-megawatt Merkur Offshore wind farm, located in Germany’s North Sea. Dutch pension investor APG has agreed to acquire the other 64 percent.
GCM Grosvenor closes Multi-Asset Class Fund II with nearly $1b by Kali Persall | Dec 10, 2019 Chicago-based GCM Grosvenor has completed the final close for its Multi-Asset Class Fund II with $983 million in capital commitments.
Metro Pacific Hospitals completes investment by KKR, GIC by Released | Dec 9, 2019 Metro Pacific Investments Corp. (MPIC), global investment firm KKR, and GIC, Singapore’s sovereign wealth fund, have completed investments in Metro Pacific Hospital Holdings by KKR and an affiliate of GIC.
Study: Global construction spending to top $17.5t by 2030 by Kali Persall | Dec 9, 2019 Global spending in construction is forecasted to hit $17.5 trillion by 2030, according to a recent analysis by Frost & Sullivan’s entitled, Future of Construction, Global, 2030.