A consortium of heavyweight investors including Allianz, RREEF and Goldman Sachs, is reportedly the sole remaining bidder in the auction to acquire the Swedish energy company’s German transmission grid.
1 min read · 05 January 2013
The German insurance group is set to merge its fund of funds, infrastructure and renewable energy businesses into its Allianz Capital Partners unit.
2 min read · 05 January 2013
The PE fund manager has launched Engineering Renewables Ltd to oversee the management of its renewable energy funds. ERL will manage Platina’s renewables portfolio with assets across the UK, Spain, Greece, Italy and Cyprus.
1 min read · 05 January 2013
Platina Partners has completed the financing for a project to develop the first wind farm in Cyprus, with the European Investment Bank providing half of the debt.
1 min read · 05 January 2013
The alternative asset manager has secured €25m in project financing for a solar project in Puglia, Italy. WestLB and Barclays acted as mandated lead arrangers on the transaction, which represents Foresight’s third deal in the sector so far this year.
1 min read · 05 January 2013
The infrastructure investor has posted a loss for the full year after marking down its portfolio value. It has nevertheless increased its annual dividend by 2.4 percent, claiming operational performance remains strong.
2 min read · 05 January 2013
The Italian energy group has sold an 80% stake in Enel Rete Gas for €480m to a consortium including F2i and AXA Private Equity. The sale will help reduce Enel Group’s debt by over €1.2bn.
2 min read · 05 January 2013
The development bank has agreed to lend €70m for gas storage facility acquisition to bolster the state’s energy independence.
1 min read · 05 January 2013
OMERS has bought US rail maintenance company Nordco for an undisclosed amount from Riverside, representing a 31% gross IRR for the mid-market firm.
1 min read · 05 January 2013
The development bank has approved a ZAR 100m commitment to the Evolution One Fund, which will be focused mainly on South Africa.
1 min read · 05 January 2013
