Jordan Stutts
The Dutch fund manager agreed to buy American Roads, which manages five toll assets, including one in Alabama caught in a legal dispute.
The fund manager adds InfraVia’s stake in NGT after purchasing an 18 percent interest in the pipeline company’s extension assets last year.
Oregon Public Employees Retirement Fund is planning to increase its infrastructure portfolio from $1.3bn to $2.4bn in around five years.
In less than a year, the firm has raised twice the amount of capital its second infrastructure fund raised in total.
The vehicle spent less than a year in market, drawing commitments from 40 institutions and several high-net-worth individuals.
The 22-year veteran at the Canadian pension takes the role permanently after being made interim head of infrastructure and natural resources in February after Andrew Claerhout left.
The 286MW facility has a power-purchase agreement with a local utility that expires in 2036.
The firm is rebranding the 2.2GW portfolio of power assets as Saavi Energia.
The firm made the commitment through Macquarie Infrastructure Partners IV, which is targeting $3.5 billion.
The first close total will include money committed from Saudi Arabia’s Public Investment Fund.