M&A

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

The acquisition of FIM Services, which owns about 137MW of UK wind and solar assets, will treble AUM in the firm’s recently established New Energy division.

The manager’s Community Infrastructure Fund has acquired the remaining 50 percent it did not already own of Riverland Water, a company in which it first invested in 1996.

The asset manager has acquired a 49% stake in two Scottish wind farms owned and operated by Fred Olsen Renewables.

The NY-based fund manager will acquire IDFC Alternatives’ infrastructure business, which will be rebranded as GIP India.

The Australian asset manager will lose control of The Infrastructure Fund on 31 March with Utilities Trust of Australia termination date to follow in coming months.

The Korean pension-led PE fund is teaming up with KEPCO, Korea’s state-owned utility, once again, this time adding three US solar assets to their joint portfolio.

The French firm is acquiring the interest from John Laing for £230m, making it its first direct infra investment in the UK.

The sale of Oslofjord Varme to a consortium also including Infranode represents the first realisation from iCON’s €500m second fund.

The infrastructure fund manager is backing Infinis’ acquisition of the independent power generator with a follow-on investment of £125m.