Chris Josselyn
The Italian energy group has sold an 80% stake in Enel Rete Gas for €480m to a consortium including F2i and AXA Private Equity. The sale will help reduce Enel Group’s debt by over €1.2bn.
The private equity investor has bought US rail maintenance company Nordco for an undisclosed amount from Riverside, for whom the deal represents a 31% gross IRR. Financing for the acquisition was provided by GE Capital, Allied Capital and OMERS.
The Italian energy group has sold an 80% stake in Enel Rete Gas for €480m to a consortium including F2i and AXA Private Equity. The sale will help reduce Enel Group’s debt by over €1.2bn.
The Indian infrastructure investor has acquired 100% of Island Power from InterGen. GMR had previously acquired an indirect stake in the project through its 50 percent acquisition of InterGen in June last year. The natural gas power facility is set to be operational by 2013.
The Indian infrastructure investor has acquired 100% of Island Power from InterGen. GMR had previously acquired an indirect stake in the project through its 50 percent acquisition of InterGen in June last year. The natural gas power facility is set to be operational by 2013.
The Indian infrastructure investor has acquired 100% of Island Power from InterGen. GMR had previously acquired an indirect stake in the project through its 50 percent acquisition of InterGen in June last year. The natural gas power facility is set to be operational by 2013.
The Indian infrastructure investor has acquired 100% of Island Power from InterGen. GMR had previously acquired an indirect stake in the project through its 50 percent acquisition of InterGen in June last year. The natural gas power facility is set to be operational by 2013.
The Indian infrastructure investor has acquired 100% of Island Power from InterGen. GMR had previously acquired an indirect stake in the project through its 50 percent acquisition of InterGen in June last year. The natural gas power facility is set to be operational by 2013.
The infrastructure investor has posted a loss for the full year after marking down its portfolio value. It has nevertheless increased its annual dividend by 2.4 percent, claiming operational performance remains strong.
The new fund will invest in funds investing in brownfield PPPs in Europe and the US. First close has been scheduled to take place during the first half of the year with an initial target of $200m.