Jordan Stutts
Global Infrastructure Partners has acquired a 50 percent stake in the 1.2GW Hornsea 1 project – billed as the “world’s largest offshore wind farm” – from Danish developer Orsted for a total price tag of £4.46 billion ($5.86 billion; €5.02 billion). The deal covers GIP’s acquisition of a stake in the project – which was […]
Natixis has hired Nasir Khan as its head of infrastructure for the Americas as the French investment bank looks to capitalise on strong growth in both North and Latin American markets. Khan will lead a group of financiers looking to capitalise on an infrastructure sector in North America that is opening to private investment and […]
Global law firm Norton Rose Fulbright has hired veteran project finance lawyer Douglas Buchanan to co-head its North American infrastructure practice as it plans to expand its focus on public-private partnerships. Buchanan will serve as senior counsel for Norton Rose Fulbright in North America, working alongside co-heads Doug Fried in the US and Greg Lewis […]
The governing authority for Los Angeles International Airport chose a consortium led by Fengate Real Asset Investments to develop the next phase of a multi-stage public-private partnership modernising the US’s second-largest airport. Los Angeles World Airports recommended LA Gateway Partners be approved to design, build, finance, operate and maintain a consolidated rental car (ConRAC) facility […]
CBRE Caledon has hired senior infrastructure specialist Andreas Köttering from GIC as the North American asset manager sets its sights on expansion in Europe. “Our two major infrastructure markets are North America and Europe. While we’ve been doing a good job of covering Europe from Toronto, it’s important for us to have a presence in […]
Legal disputes, annual calls to annul it and an anniversary that sets the stage for six decades of private-sector upside make the deal a case study in the dangers of misaligned interests.
The firm has already announced two deals in the power and transport sectors since being acquired by the Canadian bank.
Australian fund manager IFM Investors has launched a new open-ended infrastructure debt fund that is targeting investments mostly in the US and has raised around $500 million to date. The debt fund has made two investments in midstream projects and is targeting more assets for sub-investment grade transactions. IFM Investors, which is owned by 27 […]
The fund manager attracted more than double the number of LPs that had invested in its debut vehicle, while Fund II had a re-up rate of more than 80%.
A draft infrastructure bill recently introduced by the chair of the House Transportation Committee does a good job addressing what needs to be fixed and how. But it does not yet establish the framework the public and private sectors need.