Zak Bentley
Canada’s Enbridge is set to conclude a $28bn deal to buy Spectra Energy that would value the combined business at $128bn.
The Chinese utility has bought a 23.6% stake in the country’s largest private power group after being knocked back in its bid for Ausgrid.
The Spanish group is looking to remain a majority shareholder in Telxius after completing the IPO by the end of the year.
Daniel Just has been appointed by the firm as it prepares to hit a first close on its debut hydro fund.