Alexandra Atiya
The acquisition marks the seventh investment for the €437m BNP Paribas Clean Energy Partners fund. The fund also bought a wind farm in Ireland last year, and plans to acquire more projects in both Northern Ireland and the Irish Republic.
The state, which rejected its portion of the funding in December, was among 24 states that applied for high-speed rail funds rejected by Florida. The US Department of Transportation said it received $10bn of demand for the $2.4bn available.
At a media gathering today, Macquarie Infrastructure Partners Chief Executive Chris Leslie said the US has plenty of reasons to be optimistic about private investment in infrastructure, even as obstacles remain to the market’s development.
The New York-based infrastructure private equity firm has agreed to acquire two gas power plants in Arizona from LS Power for an undisclosed sum.
Brazil’s Public Ministry has sued ANTT, the country’s transportation regulatory body, in the hopes of delaying the tender for the Rio de Janeiro to São Paulo high-speed train and various groups have requested that the $18bn mega-project be postponed.
Applications are due Monday for $2.4bn in federal high-speed rail funds rejected by Florida Governor Rick Scott. California’s High-Speed Rail Authority has already said it wants the entire sum, which is 'more than welcome' as it builds its 800-mile rail network.
The Swiss fund-of-funds manager is acquiring Pennsylvania solar energy projects from US developer Tangent Energy Solutions. Capital Dynamics also agreed to fund future projects developed by Tangent.
The Macquarie SBI Infrastructure Fund has invested in a GMR Infrastructure subsidiary that operates airports in Delhi, Hyderabad and Istanbul.
Bangkok-based Ratchaburi Electricity Generating Holding has proposed to offer A$0.85 per share to acquire an 80% stake in Transfield Services Infrastructure Fund’s portfolio of wind, water and energy projects.
The Philadelphia-based infrastructure advisory firm has appointed David Peterson as managing director in San Francisco and Sue Lee as general counsel in its home city.