Nia Tam
With the possibility of denuclearisation and the lifting of sanctions on the Korean peninsula, could the world’s most isolated country become the next emerging market for infrastructure?
Hajir Naghdy, chairman of Macquarie Capital Asia, tells Infrastructure Investor how his firm is tapping into the region’s renewables space, especially the offshore wind sector in North Asia.
The firm has a pipeline of over 2GW of Taiwanese offshore wind projects and is also active in other Asian offshore wind markets like Japan and Korea.
The Lion City is stepping up efforts to ‘crowd-in’ private capital on Asian infrastructure projects with a debt distribution scheme and the creation of investment standards.
The two sovereign wealth funds are investing an additional $395.4m in Greenko as the Indian renewables developer acquires a smaller rival.
The Japanese insurer has emerged as an anchor investor in M&G’s European infrastructure debt fund as the UK asset manager looks to raise €286m from Asian LPs.
The new vehicle’s portfolio includes 12 solar projects acquired from the $80m greenfield renewables fund the Japanese asset manager liquidated earlier this year.
The world’s largest wind market is requesting local authorities to have a better plan to absorb electricity generated from the country’s 168GW installed capacity and tightening regulations for future projects.
Two of the world’s largest savings pools – Japan Post Insurance and Korea Post – are leading the way, as a host of Asian investors eye the infrastructure market, attendees at our Seoul and Tokyo summits heard.
The Swiss fund manager will partner with local developer CWP Renewables in the project, which will combine wind, solar and energy storage assets.