Zak Bentley
The firm’s second fund has become a shareholder in the project majority-owned by GIP’s Competitive Power Ventures.
.jpg?id=12885346550 "Partners Group agrees US utility services deal")
The company operates across the electricity, gas, water sewage and telecoms sectors in the US and Canada.
The move is its second share placing this year, despite being unable to reach the £100m targeted in January.
The listed fund has spent £286m on acquisitions in the past eight days, boosting its portfolio to 617MW.
The vehicle, managed by Lords LB, is targeting growth through more PPP programmes across Central Europe.
The Bioenergy Infrastructure Group has acquired the facilities, which have a combined capacity of more than 70MW.
The backing is the largest provided by an institutional lender in the UK’s biomass sector.
The revamped company will add an advisory practice to its armoury, helping governments establish similar green banking platforms.
It is the second time a bid to sell the Australian fund manager has broken down, although owner Westpac remains keen to divest.
Rupali Gupta was previously a director for seven years at India’s IDFC Alternatives.