Jordan Stutts
A new firm run by veteran investors and former public servants launched last week under the name American Triple I Partners with the goal to provide financing for US infrastructure projects that many may overlook. American Triple I, based in New York, is a new venture created by principals at Wall Street investment bank Siebert […]
An Ardian-backed US renewables venture has made its fourth acquisition in the wind sector since its launch last year as it moves to meet a 3GW goal. Skyline Renewables, a partnership between French fund manager Ardian and Transatlantic Power Holdings, announced the purchase of four wind farms with a combined 117MW capacity. The deal puts […]
Macquarie Capital has settled a lawsuit with Syncora Guarantee for $38m, following accusations of using inflated projections to secure a toll road acquisition. We find the pre-crisis deal offers some valuable lessons for the transportation industry.
New Energy Capital Partners has closed its second clean energy credit fund on its recently announced hard-cap of $500 million. The fund manager, based in Hanover, New Hampshire, said every investor that committed to its first credit vehicle – which closed on $325 million in 2017 – participated in this fundraising, leading New Energy Capital […]
A $3.3 billion midstream investment and an undisclosed transportation deal are the first steps toward building what Blackstone hopes will become one of the largest infrastructure businesses in the world, the firm’s executives said. The New York-based firm announced in a statement it had purchased a 44 percent stake in Tallgrass Energy, a midstream company […]
Fiera Infrastructure is investing in a portfolio of public-private partnerships that Canadian construction services company EllisDon Capital is developing as part of a new partnership agreement. Alina Osorio, the infrastructure investment firm’s president, said Fiera will purchase large equity stakes in 10 social, healthcare and transportation projects across Canada that EllisDon is currently constructing. The […]
With electric vehicles and driverless cars on the horizon, the fund manager plans to repurpose parts of Northeastern University’s campus parking system with charging stations and an ‘intermodal mobility platform’.
The launch of AVAIO Capital earlier this month makes the investment manager the new firm on the block, but its start in infrastructure has been three years coming. Mark McComiskey joined engineering giant AECOM in 2016 to establish a financing arm dedicated to infrastructure, but he and his colleague, Anthony Gordon, along with a yet-to-be-announced […]
The fund manager’s latest North America-focused vehicle is targeting 10-12 percent net IRRs and a yield of 4-6 percent.
Emerging markets specialist Actis has delayed the first close of its inaugural infrastructure fund and lowered the target for the vehicle to $1.5 billion, a source familiar with the matter told Infrastructure Investor. The source said decreasing the fundraising target from $2 billion was done, in part, to allow for more co-investment opportunities, in which […]