Zak Bentley
Nearly two months after the UK government approved the development of a new runway at Heathrow, we assess what the move means for the airport’s shareholders.
The agreement to finance Scatec Solar’s Nova Scotia plant, expected to hit a $150m close next year, represents the first investment by Africa50.
The £116m sale of Bristol Water comes 18 months after the Canadian firm was ordered to lower prices by authorities and just five years after Capstone’s initial investment.
Three new institutions have joined the Greater Manchester Pension Fund and London Pensions Fund Authority to become members of GLIL, strengthening its standing as a 'serious investor' in infrastructure.
The Danish pension fund, which reaped over €134m from the exit, said it could not turn down the offer made by a Japanese consortium.
The Dutch firm, co-shareholder in the project alongside Hochtief and Johann Bunte Bauunternehmung, secured financing from a consortium of five banks.
Greencoat Capital, the manager of London-listed Greencoat UK Wind, is targeting an additional 150MW over the next six months for its unlisted fund.
The transaction, the firm’s second in the country, sees it invest in a solar park worth more than €120m that also includes co-located storage capabilities.
The consortium, also formed by Van Oord, Eneco and Mitsubishi, bid at a reduced price and could operate the projects without subsidies after seven years.
The two funds have teamed up to buy Apache’s stake in the SAGE pipeline system, which carries 10% of the UK’s gas production.