Jordan Stutts

Breakthrough Energy Ventures will invest in clean energy opportunities that reduce carbon emissions.

The board of the OTPP and Huaneng-owned power group has approved Timothy Menzie’s promotion from chief operating officer to the top job after Neil Smith's departure.

The state’s transportation board has picked Meridiam and Cintra and approved an infrastructure loan to revamp the I-66 highway.

Since 2010, the company has agreed to 20 PPAs and bought 2.6GW of wind and solar energy, amounting to $3.5bn of infrastructure investments.

The investment manager expects to see a second close in the first half of next year, and is aiming to raise a combined €500m for all three funds by the end of 2018.

The Metropolitan Transit Authority of Harris County is interested in procuring a commuter line that is estimated to cost between $400m and $500m.

Insufficient funding to relieve the US’ congested roads is costing the country’s economy $120bn every year, according to a senior official at the Federal Highway Administration.

The infrastructure nonprofit group has created a platform that allows governments and investors to communicate about financing infrastructure projects.

In the opening address of Infrastructure Investor’s LP Summit, Patrick Foye acknowledged that the procuring agency used to be “too swollen” but that a streamlining programme was under way.

Adebayo ‘Bayo’ Ogunlesi’s role as GIP chairman and managing partner will provide the 16-member advisory council with knowledge of private-sector infrastructure investment.