Anne-Louise Stranne Petersen
The IRA has excited the industry but even optimists were a bit wary about inflation, supply-chain issues and Europe's lacklustre grid.
The region offers some of the best risk-adjusted returns in Europe for those willing to navigate its tricky grid connections.
The continent has supercharged the global LNG market, shifting demand from East to West, with opportunities flaring up along the way.
Martin Bradley, head of EMEA, real assets, tells us Macquarie wanted to be ‘dominant’ in European utilities and doubts ‘anyone else will be able to build a portfolio like this’.
The European Investment Fund provided a €75m cornerstone commitment, with the fund likely to close in the next 12 months.
Jan-Willem Ruisbroek, head of Global Investment Strategy Infrastructure, tells us about APG’s ‘competitive advantage’ as it seeks to partner with ‘leading renewables developer’.
The Commission’s draft proposal might ‘halt’ German deployment for a year, in sign of unintended consequences to come.
Despite the evident need for more renewables capacity in Europe, investors are wary of ever-changing regulations and mounting costs.
Asian investors are a particularly attractive capital pool, LGIM global head of real assets Bill Hughes tells us.
The Global Unlisted Infrastructure Fund will provide access to a multi-manager portfolio targeting a CPI plus 4% return.