Renewable energy is big these days – and only getting bigger. Infrastructure investors hope to capitalise on the opportunity, but, by their very nature, must approach green investments with great caution, writes Cezary Podkul.
6 min read · 05 January 2013
With CenterPoint, Carlyle and Goldman at its wharfs, the Virginia Port Authority has no shortage of willing partners for its assets
3 min read · 05 January 2013
Bill Green, the co-founder of a clean technology investment practice at VantagePoint Venture Partners, will lead Macquarie Capital Funds’ push into renewable energy infrastructure in North America. Macquarie currently has only a small portion of its infrastructure assets under management devoted to renewables.
3 min read · 05 January 2013
Officials blamed the weak trade statistics for the first half of the year on the worldwide economic slowdown. The good news, however, is that container trade at the port – currently part of a bidding contest between CenterPoint, Carlyle and Goldman Sachs – is now showing increases for the first time in a year.
2 min read · 05 January 2013
The firm revealed plans for the fund less than a month after hiring Bill Green to head renewable energy investments for Macquarie Capital Funds in North America.
1 min read · 05 January 2013
Goldman’s proposal argues that it is not the ‘optimal time’ to privatise the East Coast US port, while Carlyle says it is interested in a 60-year or longer concession for the port and may be willing to pay $500m to $700m upfront for it. In March, CenterPoint proposed a 60-year concession for $500m upfront.
3 min read · 05 January 2013
The fund will invest in generation and transmission assets that have long-term purchase contracts in place for their capacity. The target exceeds its last successful fundraising by $400m.
2 min read · 05 January 2013
Five people were killed and at least 12 others injured when a private equity-backed power plant exploded in Connecticut Sunday.
2 min read · 05 January 2013
The Swiss alternative investment manager will launch the vehicle in 2010 after deciding earlier this year not to extend the fundraising timetable for its first infrastructure fund of funds.
2 min read · 05 January 2013
Nearly 50% of the $10.7bn raised by infrastructure funds in 2009 went to the two firms, according to a tally of fund commitments compiled by San Francisco-based placement agent Probitas Partners. The $10.7bn total was also 57% less than the $24.7bn raised by infrastructure funds in 2008.
2 min read · 05 January 2013