SPONSORED: Vantage Infrastructure – Institutional allocations changing the infra debt marketplace by Jennifer Babcock | Jun 2, 2022 Infrastructure debt is increasingly attracting institutional investor attention and capital for its resilience during the pandemic, its low exposure to inflation and from investors increasingly making dedicated allocations to the real-asset credit space.
iCON Infrastructure Partners VI closes above target three months after launch by Kali Persall | Jun 1, 2022 iCON has completed the first and final closing of its new $3.6 billion fund, iCON Infrastructure Partners VI (iCON VI) three months after commencing fundraising.
GIP and Crowley close $300m investment by Kali Persall | Jun 1, 2022 Global Infrastructure Partners (GIP) and Crowley Holdings have closed a $300 million preferred equity investment in Crowley Preferred Funding.
Ingka Investments acquires ready-to-build wind farm and solar park in Poland by Released | Jun 1, 2022 Ingka Investments, the investment arm of Ingka Group — the largest IKEA retailer — has expanded its renewable-energy acquisitions by purchasing a ready-to-build wind farm and solar park located in northwestern Poland.
FirstEnergy divests minority stake to Brookfield Super-Core Infrastructure Partners by Kali Persall | Jun 1, 2022 FirstEnergy Transmission (FET), the subsidiary of Ohio-based electric utility FirstEnergy Corp., has sold a 19.9 percent minority equity stake to Brookfield Super-Core Infrastructure Partners for $2.375 billion. Following the sale, FirstEnergy retains an 80.1 percent equity interest in FET.
Ben Story becomes group COO at Sustainable Development Capital by Kali Persall | Jun 1, 2022 Sustainable Development Capital (SDCL), a London-based multinational investment and financial advisory firm that specializes in environmental infrastructure, has appointed Ben Story as group COO.
Xior buys European student housing portfolio for €939m by Andrea Zander | Jun 1, 2022 Basecamp Group has sold a student housing portfolio to Xior for €939 million ($1 billion). The buyer was not identified.
Brazilian 1.6GW power plant sells for $2.16b by Kali Persall | Jun 1, 2022 New Fortress Energy and its joint venture partner Ebrasil Energia Ltda. and its shareholders, have entered into a definitive share purchase agreement (SPA) with Brazilian power company Eneva S.A., whereby Eneva will acquire 100 percent of the equity interests of the Porto de Sergipe Power Plant for R$6.1 billion ($1.29 billion).
GIC and Greystar announce acquisition of Student Roost from Brookfield by Andrea Zander | Jun 1, 2022 GIC and Greystar Real Estate Partners have formed a joint venture that has signed an agreement to acquire Student Roost, the U.K.’s third-largest purpose-built student accommodation (PBSA) provider from one of Brookfield’s real estate private funds. The transaction is expected to close in the third quarter of 2022 and is subject to customary closing conditions.
CIM Group invests $355m in Novva Data Centers by Andrea Zander | Jun 1, 2022 Novva Data Centers has announced agreement on additional investment of up to $355 million in capital from CIM Group, bringing the company’s total equity commitment to Novva to $450 million in just over two years.
Aligning with managers: Fund managers can be a key ingredient for success by Chris Anderson | Jun 1, 2022 To an institutional investor, a fund manager can be a key ingredient for success. Offering insight, expertise and added value, the manager will oversee the portfolio on the investor’s behalf, maximizing its potential, and tailoring their services to specific needs.
The search for yield: What is considered a good investment yield today, and how do investors find these opportunities? by Mard Naman | Jun 1, 2022 Income yield and capital appreciation have long been hallmarks of infrastructure investments, but the search for yield has become more challenging as demand for infrastructure investments drives up prices and lowers return potential.
GRESB sustainability trends: Implementation of environmental actions toward greenhouse-gas emissions reductions and net zero by Tyler Guthrie and Fabio Manfroni | Jun 1, 2022 In the March edition of Institutional Investing in Infrastructure (i3), we looked at data from the most recent GRESB Infrastructure Assessments to highlight the various greenhouse gas emission (GHG) emission targets that participating funds and assets had set for themselves.
Macquarie closes third Asia-Pacific regional infrastructure fund above $3b target by Kali Persall | May 31, 2022 Macquarie Asia-Pacific Infrastructure Fund 3, the third Asia-Pacific regional infrastructure fund managed by Macquarie Asset Management, has closed with more than $4.2 billion in investor commitments, exceeding its $3 billion fundraising target.
John Howells takes up energy/infrastructure role at Gerald Eve by Kali Persall | May 31, 2022 John Howells has joined real estate advisory business Gerald Eve as an energy and infrastructure partner in the firm’s industrial and logistics team.
