Jordan Stutts
The New York-based firm is currently raising its third renewables vehicle after closing on $1.65bn for its second in 2017.
The vehicle is targeting high single-digit returns and will focus investments mostly in Europe.
More than 80 investors committed to the New York-based firm’s inaugural infrastructure fundraise.
The firm has already announced investments from its Global Infrastructure Opportunity Fund in projects including New York's JFK Terminal One modernisation.
Bravos Energia is planning to hold a private long-term power auction after the Mexican government cancelled its own in January.
Washington State Investment Board becomes the first major investor in the Prostar Energy Infrastructure Fund II with a $200m commitment.
The firms’ offer represents a 39.5% premium to Genesee & Wyoming’s 8 March stock price of $80.28.
Direct investing is well-suited to infrastructure. But anyone looking to pursue it will have to tackle tough questions around compensation and transparency.
Fund manager’s co-founder says the Gemini project – one of three procured by Nevada’s largest utility, NV Energy – will be among the biggest in the world.
The Miami-based firm has realised more than $2.8bn from the exits of three platform companies formed through its first infrastructure fund.