Matthieu Favas
The last quarter of 2013, which also saw the number of large transactions dwindle by 38%, is the slowest since Q1 2012.
The asset manager has already invested 86% of its renewables vehicle, which targets small and medium-sized wind farms in the UK.
The CHF350m issue, the EIB’s first CAB transaction of 2014, comes after a record year for issuance of the green instrument.
The pledge brings the total capital raised by the Italian firm’s second fund to €740m.
The move is part of a spat of promotions at the Anglo-American firm, which has also appointed a new of counsel within its project finance practice.
The French lender and its public partner, along with Eiffage and Norddeutsche Landesbank, will spend €53m on the building of a new campus in Lille.
The proceeds will be used by the two facilities, which have a combined capacity of 50MW, to refinance some of their construction costs.
Our March Annual Review will reveal the winners of our 2013 Awards – an opportunity to reflect on what infrastructure has achieved over the last 12 months.
The Triton Knoll farm will now have a capacity of between 600MW and 900MW, down from its original target of 1.2GW.
The Merseyside facility, in which the firm and its partners plan to invest more than €295m, will have a power generation capacity of 49MW.