Matthieu Favas
The Canadian pension will invest in the renewables producer alongside US insurer Liberty Mutual, which already owns a 16.5% stake in the business.
The purchase marks the third deal by Allianz’s €150m renewables fund since December.
The share issue, announced last Monday with a target of £50m, follows the completion of two transactions by the London-listed vehicle.
The share issue, announced last Monday with a target of £50m, follows the completion of two transactions by the London-listed vehicle.
The purchase by Allianz’s €150m renewables fund is its third since December.
The deal is the first sealed by the French firm’s fund II, which reached a final close last week on €2bn.
Williams Partners, a US pipeline operator, is set to gain control of the gas services business by acquiring GIP's remaining stake.
The deal is the first sealed by the French firm’s fund II, which reached a final close last week on €2bn.
The investment management and advisory firm has recruited Elyza Daniel to lead its first forays in the asset class.
The investment management and advisory firm has recruited Elyza Daniel to lead its first forays in the asset class.