Zak Bentley
The pursuit of a 1GW portfolio is being seeded with over 200MW of assets as part of the recently closed Global Renewable Power II fund.
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The country will be among the largest contributors to an infrastructure gap totalling $97trn by 2040, the Global Infrastructure Hub estimates
The pair win bid to operate offshore transmission link to Burbo Bank Extension wind farm, beating Amber Infrastructure and International Public Partnerships.
The pension fund’s deal represents the fourth change of ownership this year for the under-fire utility company.
A move by the Spanish developer could involve pension funds from Canada and Australia.
The move comes as the government announces a research and investment programme that will inject £246m into the country’s battery storage market.
The liquidity facility for Scandlines includes an 11-year institutional tranche, with the entire package rated BBB by Fitch.
The French firm is believed to have taken a 10% stake in the Dutch company recently snapped up for €2.95bn.
The four assets include one of the UK’s largest onshore projects, once owned by HgCapital.
The vehicle is the second such investment fund launched in the country in four weeks.