Daniel Kemp

The Australian funds manager ups its total share in the project to 16.5 percent in a deal worth approximately $72m.

Commonwealth Bank of Australia is selling the asset manager in a separate transaction from the planned demerger of its wealth management businesses.

The $67bn Australian superannuation fund has pursued a hybrid investment strategy since appointing Mark Hector as portfolio manager in 2014. After deploying its largest equity cheque, we find out what the future holds.

A survey of 33 global investors is a ‘canary in the mine shaft’ for investor confidence in the Australian infrastructure market.

The two investors are sharing the equity on a 60-40 split for the 36MW facility south of Perth.

CIO Sam Sicilia says the superannuation fund will consider non-core and infra-like assets, but only on a case-by-case basis.

The Australian manager takes a big step towards its $3bn target amid a record year for fundraising.

Wholesale energy retailer Flow Power will purchase 50MW of Sapphire’s 270MW capacity per year on a ‘10- to 12-year’ power-purchase agreement.

The mechanism will be debated at a meeting of state energy ministers this month, but emissions-reduction component will be absent.

Increased competition for the Peninsula Link deal drove the country’s four big banks to agree 10-year loans, pushing beyond their preferred five-year terms.