Andy Thomson
LUXCARA Asset Management, a German investment firm specialising in sustainable energy, has acquired an 18-megawatt photovoltaic power station in Senftenberg in Brandenburg, Germany.
Capital Dynamics has put itself in the vanguard of what it believes is a major new investment theme
Infrastructure fund managers are devising new fund models more suited to their own needs and those of their investors, finds Andy Thomson.
The UK’s coalition government has pledged to continue fast-tracking major infrastructure projects despite abolishing the previous government’s Infrastructure Planning Commission, which was set up for this purpose.
Robert Bain, an independent infrastructure consultant and former credit analyst at Standard & Poor’s, says development banks have a responsibility to discourage poorer countries from embracing certain PPP programmes that are likely to prove unaffordable.
Vancouver Airport Services, a joint venture between Vancouver Airport Authority and Citi Infrastructure Investors, has acquired a 65% interest in Peel Airports, a collection of three English airport assets including Liverpool John Lennon.
Responses from trade associations suggest alternative investment fund managers in the UK may have mixed feelings as capital gains tax is increased in today’s emergency budget from 18% to 28%.
Infrastructure funds are among bidders expected to throw their hats into the ring after High Speed 1, the UK’s only current high-speed rail line, was put up for sale today.
Headed by Novera Energy founder David Scaysbrook, the team will make direct investments in areas including wind farms and solar projects.
It’s ultimately in the best of interests of fund managers to accept tax increases, such as the UK's new 28% capital gains rate, and move on.