Andy Thomson
The Swiss alternative asset manager and adviser has launched a new clean energy and infrastructure initiative headed by Novera Energy founder David Scaysbrook. The firm plans to make direct investments in areas including wind farms and solar projects.
A workshop at the second annual PEI Africa Forum exploring the infrastructure investment opportunity in Africa concluded that more early-stage equity capital is needed to get projects off the ground and ensure they are structured well.
Global Infrastructure Partners, the New York-based infrastructure fund manager, and Montagu Private Equity, the London-headquartered private equity firm, have agreed to acquire Greenstar, a UK waste management firm, for £135m. Greenstar will be combined with Biffa, a larger rival jointly owned by the two GPs.
A senior executive at Invesco Perpetual has predicted that a tough determination by UK water regulator Ofwat towards the end of last year could end up driving equity investors away from the sector. Criticism of the review is not universal, however.
The renewable energy space threatens to become a lot less attractive. Here's why.
The London-based environment-focused fund manager and adviser has established a new European renewable energy infrastructure asset management team headed by former Infracapital Partners principal Stephen Lilley.
The French construction giant has posted first-quarter 2010 results showing a big reduction in its net debt but a slight fall in its operating profits and sales.
Scottish and Southern Energy and Borealis Infrastructure, the infrastructure investment arm of Canadian pension OMERS, have scaled down their joint bid for EDF Energy Networks, the UK electricity network of French energy group EDF. The two firms will not now seek an ownership interest ‘that would need to be funded by issuing new shares’.
The Australian fund manager is reported to be aiming to raise its funds under management over the next two years from A$2bn to $A8bn.
The Austrian construction company has released results for the first quarter of 2010 showing a double-digit revenue decline on the back of a ‘long and hard winter’ but improving EBIT and EBITDA figures.