The Swiss-based firm has raised more capital for its current investment vehicle than any prior infrastructure fund it’s managed.
The Austrian infrastructure specialist is expanding into development equity and has been looking at hydrogen deals for about a year.
A recent GP-led secondaries deal involving an evergreen structure represents a novel way for infra investors to hold on to assets. The question is whether such transactions can scale.
AGL Energy has been forced to write down a series of PPAs with windfarms it developed and sold between 2006 and 2012, as wholesale prices continue to fall.
IFM Investors and OTPP partnered to purchase the Canadian portion of the district energy business, while QIC and Ullico acquired the US-based assets.
The new company that currently has a pipeline exceeding 4GW of solar projects in Europe, brings together a commodities and energy trading house, an asset manager and a solar developer.
The 67km toll road will be the first asset the Canadian pension will add to its Indian roads platform, which it launched and staffed last year.
The deal, alongside BAE and Willis Towers Watson pension schemes, is the result of 18 months preparatory work, according to Greencoat’s Laurence Fumagalli.
The duo are offering a rival bid to the one led by Veolia, which had been preparing a takeover supported by Meridiam.
The manager has for now outbid Blackstone, which had partnered with Bill Gates’ Cascade Investments, Signature’s largest shareholder, to bid for the private aviation services firm.