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The firm plans global expansion for the pan-European trailer company, following the deal through its second infra fund, which is close to its $6.5bn hard-cap.

The agreement with the Canadian energy company gives CPPIB a 49 percent stake in North American and European renewables assets as well as a plan to jointly develop more.

The Dutch fund manager agreed to buy American Roads, which manages five toll assets, including one in Alabama caught in a legal dispute.

Oregon Public Employees Retirement Fund is planning to increase its infrastructure portfolio from $1.3bn to $2.4bn in around five years.

In less than a year, the firm has raised twice the amount of capital its second infrastructure fund raised in total.

The Sydney-based private equity firm expects to reach a first close in the coming months on around $300 million.

In its annual report, Abu Dhabi’s sovereign wealth fund says the outlook for infrastructure asset valuations will be less certain in 2018, given political factors and policy considerations.

Jamie Richards has been replaced internally by Nigel Aitchison, who previously focused on environmental infrastructure.

The vehicle booked over £1bn in re-ups, with 40% of new commitments coming from Asian investors.

The vehicle, which was originally targeting €1.5bn, has already invested in seven assets, with a further two deals to be closed soon.