The refinancing of previous bank debt is specifically ‘tailored to the investment strategy’ of the two Equitix funds, according to Macquarie.
The US-based private equity firm is said to ‘like’ the strategy John Laing’s recently-appointed CEO implemented, and believes it can grow the company faster under private ownership.
direct road straight
The manager is backing listed toll road firm SIPL in the development of nine toll roads under the country’s hybrid annuity model.
The Australian federal government has requested a review of the long-term lease of the Port of Darwin to China’s Landbridge Group, in light of critical infra laws passed in 2018.
MIRA is set to take over 100% of the waste management and recycling firm, with CPE Capital no longer in the running.
Container freight train
The Vauban-led consortium, which also includes Swiss Life, is understood to be one of four bidders for Ermewa Group, the second-largest industrial railcar lessor in Europe.
Meridiam has raised €8bn for a single asset fund to finance its share of the deal, which will see it take about 40% of the business.
Chairman Diego Biasi says renewables market is a 'different ball game' now, as the manager eyes growth in southern Europe.
The $2.1bn deal will see the partners acquire an 836MW operational wind portfolio and a 5GW development pipeline across multiple technologies.
Investing alongside OTPP, the duo have each acquired a 40% stake in Finnish electricity distribution provider Caruna from First Sentier and OMERS.
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