The consortium has walked away from the acquisition of the major port as a result of the Australian Competition and Consumer Commission’s competition concerns regarding the deal.
'We see the opportunity is equal, if not greater, for our next hold,' co-head of private equity services Joel Schwartz said.
With the acquisition of Australian battery energy storage developer Akaysha Energy, the firm intends to build out a 1GW portfolio of projects in the country’s National Electricity Market.
Joshua Pang, head of digital infra, says Carlyle’s partnership with top US cell tower platform unlocks ‘some of the most sought-after core infra assets’.
The country’s ‘minimal supply and fast-growing demand’ makes it ideal target for Seraya’s APAC data-centre platform, says managing partner James Chern.
The strategy's executive director, Ken-Ichi Hino, says the manager is ‘looking for more deals for stand-alone energy storage’.
Vision Ridge partner George Polk says shifts among policymakers and food companies have sharply increased demand for renewable natural gas.
The project, closed last month, was nearing financial close at the beginning of 2020. Then, the pandemic struck and the risk structure was overhauled.
With the telco towers deal likely to be the last of its kind across Australia and New Zealand, fibre opportunities in the region could be targeted next, InfraRed Capital Partners’ Sven Stubiçan says.
The deal, which is in line with the UK firm’s plan to increase its AUM by 20-25% annually over the medium-term, will also serve as a ‘pathway’ to Asian markets.