Daniel Kemp
The Australian fund manager will target both domestic and offshore investors in 2019 as it seeks to raise a total of $723.5m for investments at home and in New Zealand.
The Clean Energy Council reveals new figures that show record levels of investment in the renewable energy sector but cautions that clearer policy is needed.
The new hire joins after nine years at Australia’s Future Fund, as the New Zealand vehicle targets expansion Down Under.
The energy developer, backed by Denham Capital, will begin construction of stage two of the 212MW Lincoln Gap project later this year after securing $116m in debt financing.
The ACCC, Australia’s competition watchdog, intervenes six years after the ports portfolio was privatised by the New South Wales government, which will not face legal proceedings.
The Sydney-based fund manager is on track to hit fundraising targets for its first dedicated infrastructure vehicle.
The Sydney-based fund manager turned to the Japanese market, with the debt facility underwritten by MUFG.
Asset manager Long-Term Asset Partners is led by directors with extensive infra and logistics experience, which suggests the acquisition is being viewed as an infrastructure play.
The Labor government won re-election in a landslide last week and is pushing ahead with a spending spree on a raft of infrastructure projects.
The firm is targeting more deals in the sector, to which it is aiming to commit 20%-25% of its Diversified Infrastructure Trust.