Infrastructure
China International Fund backs $2.7bn Bellzone Guinea project
The China International Fund Ltd. (CIF), a little-known Hong Kong-incorporated infrastructure investment entity, is to fund a $2.7 billion plan to develop the Kalia Iron Project, a magentite mining facility in the Republic of Guinea in West Africa, held...
Infinity I-China invests PRC's United Water
The Infinity I-China Fund has participated in the second round of fundraising by United Water Corporation, a Chinese water supply and waste water treatment company.
Movement in Pakistan with Shell LPG bids
Private equity in Pakistan has shown unprecedented activity with a competitive auction developing for Shell Petroleum's stake in Shell Gas Pakistan between JS Private Equity and local strategic Jamshoro Joint Venture Ltd, as well as a possible third bidder.
Hopu investee Winsway appoints IPO advisors
Chinese coking coal logistics company Winsway, partly owned by a Hopu Investment Management-led investment consortium, has reportedly appointed Goldman Sachs and Deutsche Bank as advisors on its planned Hong Kong IPO, in which the company expects to raise...
Actis JV with Tata targets up to $2b
Realistic expectations for Indian roads investments
Transurban rejects higher CPPIB/OTPP bid
Australian toll road major Transurban Group has rejected a higher takeover bid of A$7.2 billion ($6.4 billion) from the Canada Pension Plan Investment Board (CPPIB) and the Ontario Teachers’ Pension Plan (OTPP), along with local fund manager CP2 Ltd....
Temasek, Hopu invest Chesapeake Energy
Singapore SWF Temasek Holdings and multi-strategy regional firm Hopu Investment Management are making a joint $600 million investment in Chesapeake Energy Corp., a major US developer of natural gas and oil resources.
CPP IB OTPP Transurban bid may fail on share sale
The Canada Pension Plan Investment Board (CPP IB) and Ontario Teachers' Pension Plan (OTPP)’s joint A$6.8 billion ($6.2 billion) bid for Australian toll roads operator Transurban Group may fail due to the target's decision to sell A$542 million ($490.5...
VinaCapital announces two new investments
Vietnamese asset management company VinaCapital Group has announced two new investments, made from its growth capital-focused VinaCapital Vietnam Opportunity Fund (VOF) and its Vietnam Infrastructure Ltd (VNI) fund.
Actis said launching $2 billion roads JV with Tata
UK emerging markets investor Actis Capital is launching a JV with Indian conglomerate Tata Group to invest up to $2 billion over five years in India's roads.
Advent exits SCADAgroup to Schneider
Australian mid-market private equity firm Advent Private Capital has announced the exit of its investment in waste and water systems integration business SCADAgroup to Schneider Electric, for around A$200 million ($185 million).
Hopu, CDB in Indonesia rail move
In its latest diversification move, Hopu Investment Management has partnered with an investment unit of China Development Bank to help fund a $1.3 billion rail project with Indonesian state coal miner PT Tambang Batubara Bukit Asam.
Dissecting the Asian infrastructure opportunity
The sky is the limit for infrastructure investing, but how do firms actually tap into the prospects?
GMR seeks further funds after Temasek
After recently agreeing a $200 million investment deal with Singapore SWF Temasek Holdings for its GMR Energy arm, India's GMR Group has indicated that it still seeks a further $100 million of private equity investment.
Building a better Asia – public, private, partnerships and profits
Asian infrastructure, the best investment opportunity yet?
Temasek closes GMR at $200 million
Singapore SWF Temasek Holdings has finally agreed its investment in India's GMR Energy at some $200 million, lower than the $354 million predicted recently.
CX debuts with Monnet Ispat investment
CX Partners has reportedly acquired an 8% stake in Indian steel and power group Monnet Ispat and Energy for some $34 million in a secondary market trade, in its first investment since its formation in 2008.
Jacob Ballas invests SEW Infrastructure
Indian private equity investor NYLIM Jacob Ballas has made a $34 million investment into SEW Infrastructure, a Hyderabad-headquartered engineering and construction company specializing in hydroelectric power, irrigation, roads and urban infrastructure.
Bridging Asia’s infrastructure bottleneck
Infrastructure investors step up
NZ Infratil, Super Fund buy Shell NZ assets
Infratil, a major New Zealand listed infrastructure investor, and New Zealand's NZ Superannuation Fund have announced the $490 million joint acquisition of the downstream assets in New Zealand of Dutch petroleum giant Shell.
Temasek in India energy deal
After much speculation, it appears that Singapore-based Temasek Holdings will invest Rs.1,600 crore ($354 million) in India's GMR Energy in the form of convertible preference shares. The capital is intended to fund further expansion of thermal and hydro...
Future Fund nixes Transurban role
Australia's SWF the Future Fund has terminated discussions to join the Canada Pension Plan Investment Board (CPP IB) and Ontario Teachers' Pension Plan (OTPP) in their $4.5 billion planned investment in local toll road operator Transurban Group.
Asian Genco power win sets no precedent
Test case for India infrastructure a landmark and an anomaly
Origo goes to Mongolia
Origo Partners, an AIM-listed China and India-focused private equity firm, has opened an office in Ulan Bator to support a dedicated fund, Origo Altai Partners, for investment in Mongolia.