Zak Bentley
The Spanish firm owned by a trio of global pension funds has increased its stake in the Beira Interior motorway from 33.3% to 55.5%.
The French fund manager has bought an extra 35% of TRE Solar, a platform that owns and operate solar, wind and hydropower assets.
The move, taken four weeks before the Netherlands’ general election, would see the government given a greater say over which foreign investors enter the market.
The $376m platform is targeting mid-market Nordic investments as it heads towards a final close later this year.
The acquisitions were made through the Renewable Income UK fund, which reached a £637m second close last year and is expected to re-open imminently.
The fund backed by AMP Capital and Irish Life Investment Managers has secured the acquisition of two centres in a deal wholly backed by equity.
The firm’s entry into the Swedish renewables market comes amid the launch of a fourth renewable energy fund by KGAL last year.
The European Commission is looking to fund transport projects that will combine its grants with private investment, focusing on the EU’s poorer countries.
The £250m vehicle now manages 11 wind assets with a combined capacity of 195MW ahead of a more diversified fund launch later this year.
The Australian firm has regained complete ownership of the utility after exercising pre-emption rights on CDPQ’s stake.