Daniel Kemp
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.
The demand for these structures has grown globally over the past 20 years. But will their popularity ever really take off outside Australia?
Westbourne Capital was one of the first pure-play infrastructure-debt managers when it was founded by a trio of former Hastings executives. On its 10th anniversary, founder and managing director David Ridley talks about increasing competition, LP appetite and what the future holds.