Matthieu Favas
The Paris-based fund manager will acquire the stake from buyout firm Equistone, which initially invested in the business in 2003.
A large part of the proceeds collected by the German DFI will go towards financing wind and solar projects.
The French asset manager, which has already collected €400m for the vehicle, is targeting a final close by the fourth quarter of 2014.
The UK’s £22bn Pension Protection Fund is introducing a ‘hybrid assets’ investment strategy, made up of illiquid assets with hedging characteristics.
The London-listed fund, as part of a consortium led by Amber Infrastructure, has been selected preferred bidder to finance the renovation of 46 UK schools.
The French fund manager has partnered with a subsidiary of GDF Suez to inject €81.6m in the 47MWp power portfolio.
The Dutch pension administrator has committed €250m to the partnership, for which Aquila will be responsible for operational and portfolio management.
_(2)%2080.jpg "APG plugs €237m in Latin American grid")
The Dutch pension has agreed to jointly invest €372m with Spain's Elecnor to expand the company's transmission business.
Solvency II will allow some insurers to invest more confidently in infrastructure, while many may decline to invest at all
Solvency II will allow some insurers to invest more confidently in infrastructure, while many may decline to invest at all