Zak Bentley
The Italian company is set to purchase 21.3% of Save just two months after it emerged as one of the winning bidders for Nice Airport in a €1.2bn deal.
The hire of Kate Stallard is designed to bolster the Japanese firm’s relationships with private equity and infrastructure fund managers.
The German firm has bought its largest project yet three months after holding a fifth close on its third renewables fund.
A majority of institutions that committed to the vehicle, which is already more than one-third deployed, are first-time investors in infrastructure debt.
Stephen Halliwell is taking on a newly created role at the firm, a proponent of the expansion of Gatwick Airport and the building of a great northern railway.
The UK company would use part of the proceeds to fund recent acquisitions and pursue a ‘pipeline of investment opportunities’.
The company is looking to divest its stakes in three offshore wind farms in the UK, one of which is operational.
The company has acquired Italy’s A4 Holding in its first investment in the country for a decade.
The initiative was supposed to be established on a statutory basis but was dropped when a bill was presented to Parliament.
The European Investment Bank led a consortium of four banks to finance 87% of the project.