Andy Thomson
SunRay Renewable Energy, a Maltese solar power plant developer, is to be bought by Nasdaq-listed SunPower in a deal expected to close in the first half of this year. European solar firms such as SunRay have been assisted by a favourable regulatory backdrop.
The UK’s Competition Commission has launched an appeal against a ruling in December last year that it had shown “apparent bias” in ordering BAA to sell some of its British airports.
Indian developers GMR Infrastructure and Oriental Structural Engineers have been awarded a 19-year concession to build, operate and eventually transfer back to public ownership the 99km Hungund to Hospet stretch of highway in the southern Indian state of Karnataka.
Intentionally or otherwise, the prospect of forcing public pensions to invest in infrastructure was raised this week. Such talk is encouraged by politicians – but not necessarily welcomed by pensions.
An initiative which enabled Australian states and territories to more easily raise finance for infrastructure projects during turbulent economic times is to be withdrawn as confidence in market conditions grows.
Ahmed Heikal, founder of the Cairo-based private equity firm, has issued bullish predictions about the improvements Citadel can make to the railway. A regulatory commission is deciding whether to give Citadel majority ownership of the line and a decision could come as early as next week.
The London-based investment group has added 6MW of new capacity to its solar portfolio and announced plans to raise money for an additional 20MW to 30MW this year. Amplio has spent some €33m on solar plants over the last year.
Editor's Letter: Where there’s a will… 2010-02-01 Andy Thomson The renewable energy sector highlights how easy it can be to get things done when governments are sufficiently motivated. Having committed themselves to meeting tough targets for producing energy from renewable sources over the next decade, Europ
Infrastructure investors find themselves in a healthy position looking forward. But the mistakes of the past mean a healthy debate about fund economics is necessary.
When governments splurge cash in the years running up to the worst global economic slump for decades, you know the adage about repenting at leisure will end up being horribly apt. But when public finance runs dry, you also know it spells opportunity for sources of private capital.