Jordan Stutts

Allocation to infrastructure increased to 17 % in 2016 as the Canadian pension’s total net asset topped C$85bn.

With some upgrades, the PJM Interconnection is capable of transmitting up to 70GW of new capacity from offshore wind.

The state is gauging interest from developers and financiers about using the framework to help finance 11 projects along its I-10 Capital Corridor.

The Paris-based fund manager said it plans to acquire four assets from a warehouse facility when its Europe-focused infrastructure vehicle hits the final milestone.

The 20-year concession requires a €305m investment, including a €254m construction loan.

Despite falling short of last year’s $250m investment target, the US pension said it still plans to allocate 4% of its overall portfolio to the asset class by 2020.

The US firm is leading a consortium that is developing residential and commercial buildings for a Texas university after closing its debut infrastructure fund last year.

The new venture, San Mateo Midstream, will focus on building out natural gas, oil and produced water assets in the US’s Southwest.

In the country's last auction in September, power prices for renewable energy projects fell by 30%.

A bill that is growing in popularity in the New England state calls for all energy generation to come from clean sources by 2030 and renewables by 2050.