Manchester Airports Group and Borealis are now in pole position to acquire Gatwick Airport after BAA rejects GIP’s £1.35 billion bid. The elimination comes less than a week after Citigroup's Lysander group was dropped from contention.
2 min read · 05 January 2013
The Lysander consortium, which includes Citi, Vancouver Airport Services and John Hancock Life Insurance, has been eliminated from the race to acquire London’s second airport after submitting a 'significantly undervalued' bid.
2 min read · 05 January 2013
The group has continued its push into China, setting up a trust company joint venture that will enable it to offer RMB-denominated products in addition to arranging debt and equity financing in the country.
2 min read · 05 January 2013
The Energy Infrastructure Investments syndicate is to acquire the Hallett 4 wind farm in South Australia from Australian energy company AGL. The facility is still under construction.
1 min read · 05 January 2013
The firm has become the first energy-focused private equity investor to sign up to the ESG principles.
1 min read · 05 January 2013
Renewable energy developer SunRay has reached financial close on a solar power plant project near Rome. €120m of project financing was provided by a three-strong bank syndicate.
1 min read · 05 January 2013
The CEE-focused private equity house is teaming up with Czech investment company J&T Group to back a spin-off holding company focusing on energy investments.
2 min read · 05 January 2013
The London-listed renewable energy firm has rejected a £90.5m offer from Terra Firma-owned Infinis Energy, saying it ‘significantly undervalues’ the company.
2 min read · 05 January 2013
The French energy giant said it is considering selling its UK electricity distribution business in order to reduce its debt level by €5bn. The grid serves the London, the South-East and East region of the UK, supplying around eight million households.
2 min read · 05 January 2013
The Infrastructure Planning Commission is intended to streamline the planning process of major infrastructure projects, acting as an advisor to private developers. It will target projects in the power, transport and water sectors.
2 min read · 05 January 2013
