Jordan Stutts
The North American investment environment is shifting, though what investors expect from infrastructure isn’t. In our roundtable, five industry experts explain how to stay on strategy.
A $1.45 billion public-private partnership to modernise a portion of Interstate 75 in Detroit, Michigan has reached financial close after the state’s department of transportation issued more than $600 million in private activity bonds. Oakland Corridor Partners, a consortium of infrastructure companies leading the PPP, secured funding to rebuild, finance and maintain a 5.5-mile stretch […]
After closing the year’s largest fund on $7.4bn, KKR’s infrastructure team gathered in Miami to discuss its future strategy. We catch up with head of infrastructure Raj Agrawal and key team members to find out what’s changing.
With MIRA veteran David Luboff and Brookfield’s Hardik Shah joining, the manager is targeting its first Asia-focused infrastructure fund.
Investments in water and wastewater management are what institutional investors that responded to a Bright Harbor Advisors survey said they are most interested in when seeking exposure to sustainable alternative assets. Bright Harbor, a New York-based placement agent, found that 81 percent of LP respondents have already added a sustainability, impact or ESG (environment, social, […]
The Employees Retirement System of Texas plans to nearly double the current size of its infrastructure portfolio in the upcoming fiscal year with a view to growing it to $2.62 billion by 2023. The pension fund – the infrastructure portfolio of which had a net asset value of $571.2 million as at 30 September, accounting […]
A hot market for core infrastructure is leading managers to explore the outer edges of the asset class, with a focus on service provision. Jordan Stutts reports from the new frontier.
Energy storage presents a trillion-dollar investment opportunity for investors as batteries improve in cost and performance, according to a report published by energy technology analyst BloombergNEF. The long-term outlook for energy storage is positive, with an estimated $1.2 trillion of investments heading toward distributed, or behind-the-meter, batteries or utility-scale projects by 2040, according to the […]
Brookfield Infrastructure pointed to key investments in energy assets and data centres during its third-quarter earnings call as a hint to where the company is most likely to deploy capital in the coming decade. Sam Pollock, chief executive of the listed infrastructure subsidiary of Brookfield Asset Management, said it will be “an even battle” between […]
New York-based Apollo Global Management plans to use a recent $1 billion deal with General Electric as the foundation for a dedicated infrastructure strategy, its executives said during a recent earnings call. Apollo co-president Scott Kleinman called the recent acquisition of power and midstream assets from GE Capital, the US company’s investment arm, an “attractive […]