Tharshini Ashokan
The new tie-up comes after a recent attempt by a Brookfield-led consortium to take over the Australian energy giant and prevent the proposed demerger.
Apollo and DigitalBridge are said to be eyeing AMP's international infra equity business with Dexus bidding for its domestic real estate and infra units.
The firm’s decision to partner with South Korean company TopInfra to form new venture Aquila Development Partners marks a change in Aquila’s usual APAC approach.
Product diversification markedly narrowed the gap last year between core and PE infra funds, as record demand boosted junior salaries.
The firm hopes the energy transition vehicle will reach a final close in the next 12-18 months with a first deal due this year.
The Clean Energy Australia 2022 report revealed a 17 percent drop in investment in new large-scale renewable energy projects for 2021 compared with the previous year.
The watchdog is worried Palisade’s 100% stake in the Port of Portland could substantially lessen competition for ports in Victoria if GeelongPort’s purchase goes ahead.
Pacific Equity Partners’ Secure Assets Fund II is understood to be targeting A$1bn and is expected to reach a first close in the next few months.
Attractive policy frameworks, energy demand and a willingness to meet ambitious net-zero targets across its many and varied markets will contribute to the growth of the region’s renewables, Tharshini Ashokan writes
The firm’s head of transition says Brookfield’s rejected bid for Australian energy giant AGL is a ‘better option’ for shareholders than a demerger.