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A process to privatise around 75% of the GIB is expected to start in about three weeks.
The investment was made through AIA Energy North America, the US infrastructure platform Argo launched last year with APG, CalSTRS and Crow Holdings.
The vehicle will be raised in three series targeting €700m each.
Gregor Paterson-Jones has moved on to sit on the investment committee of the European Fund for Strategic Investment and assume a number of advisory positions.
The Australian fund manager has made eight internal appointments and one recruitment after two executives left the company.
Juri Jenkner moved internally from his role as co-head of the firm’s private debt business to support the strong growth of its infra programme.
Juri Jenkner moved internally from being co-head of the firm’s private debt business to support strong growth of infra programme.
The creation of a ‘golden share’ allowing the government to veto non-green investments could speed up a privatisation process that is expected to be finalised by October.
Consortia involving OTPP, Wren House and PSP are jostling with Cheung Kong in a race to buy the GIP-owned hub.
Nine new investors have committed to the Australian firm's open-ended vehicle, helping it advance towards its $3bn hard-cap.