Infrastructure
Piramal invests $73m in India's Acme
India’s Piramal Enterprises has invested INR5 billion ($73 million) in Indian renewable energy and telecom solutions company Acme Cleantech Solutions.
EQT buys Australian aerospace business
EQT Partners has agreed to pay Australian logistics conglomerate Brambles $130 million for its aviation industry services unit, Chep Aerospace Solutions.
Warburg Pincus, 21Vianet to create China data center platform
Warburg Pincus has agreed to partner US-listed Chinese internet services provider 21Vianet on a joint venture focused on developing and acquiring data centers in China.
Deal focus: IFM swoops on Australian energy assets
With recent bids by Chinese investors for Australian power network Ausgrid blocked by regulators, IFM saw an opportunity to salvage the deal for itself
IFM, AustralianSuper secure $12.3b Ausgrid deal
An all-Australian consortium comprising IFM Investors and AustralianSuper has acquired a 50.4% interest in a 99-year lease of Ausgrid, New South Wales’ (NSW) electricity distribution network, for A$16.2 billion ($12.3 billion).
Brookfield to pay $1.6b in Indian cell tower deal
Brookfield Asset Management has agreed to buy the telecom towers assets of Reliance Communications for INR110 billion ($1.6 billion).
IDFC to buy Indian wind power business
IDFC Alternatives has agreed to buy a wind power business owned by Indian conglomerate Jindal Steel & Power.
IFC, EMA Power invest $176m in Bangladesh's Summit
The International Finance Corporation (IFC), the investment arm of the World Bank, has joined EMA Power Investment to invest $175.5 million in Bangladeshi independent power producer Summit Corporation (SCL).
I Squared's toll road platform buys IL&FS asset for $21m
Cube Highways and Infrastructure, the India toll road and transportation investment platform of I Squared Capital, has bought a toll road asset from IL&FS Transportation Networks for INR1.4 billion ($20.9 million).
IFC invests $125m in Indian renewable energy platform
The International Finance Corporation (IFC), the investment arm of the World Bank, will invest up to $125 million in Hero Future Energies (HFE), a renewable energy platform based in India.
Asian LPs eye more alternatives – UBS
Large institutional Asian LPs are looking to boost allocations to alternative assets, including private equity, as they seek to diversify portfolios in response to economic volatility, according to UBS Asset Management.
Fengate buys into Australia power plant
Fengate Capital Management has taken a stake in an Australian power plant along with General Electric (GE) and funds managed by domestic infrastructure-focused firm Whitehelm Capital.
MOPE invests $15m in India Energy Exchange
Motilal Oswal Private Equity (MOPE) has invested INR980 million ($14.8 million) in India Energy Exchange, buying a 4.1% stake from Jindal Power.
APG, Piramal commit $132m to India's Essel Green Energy
Dutch pension fund manager APG Asset Management has committed $132 million, alongside Piramal Enterprises, to Essel Green Energy, the solar power platform of India's Essel Group.
Equis launches SE Asia's largest solar project
Renewable energy-focused developer and investor Equis Funds Group has launched Southeast Asia's largest solar energy project in the Philippines.
Denham-backed platform buys Vietnam hydro project
Nexif Energy, a Southeast Asia-based energy investment platform backed by Denham Capital, has bought a majority stake in a Vietnam hydropower project.
IFM agrees sale of Pacific Hydro to China's SPIC
IFM Investors has agreed to sell Australia-headquartered renewable energy platform Pacific Hydro to China’s State Power Investment Corporation (SPIC).
Australia infrastructure: Size matters
Infrastructure privatizations in Australia are commanding ever higher price tags by virtue of their perceived quality and relative rarity. It is increasingly difficult for smaller investors to compete
Hastings consortium wins $7.5b Australia electricity grid lease
A consortium featuring Hastings Fund Management, Caisse de dépôt et placement du Québec (CDPQ) and the Abu Dhabi Investment Authority (ADIA) will pay A$10.26 billion ($7.5 billion) for the New South Wales government electricity transmission network.
Hony commits $381m to Australia-listed oil player Santos
China's Hony Capital will buy A$500 million ($381 million) worth of shares in Australia-based oil and gas supplier Santos, as part of the company's bid to cut debt by raising A$3.5 billion.
India's ReNew Power raises $265m round
Indian renewable energy producer ReNew Power Ventures has raised a $265 million funding round led by a subsidiary of the Abu Dhabi Investment Authority (ADIA), with participation by existing investors Goldman Sachs and the Global Environment Fund (GEF).
I Squared's India toll road platform buys asset from Madhucon
Cube Highways & Infrastructure, the India toll road and transportation investment platform of I Squared Capital, has bought an Indian toll road from developer Madhucon Infra.
Australian regulator flags concerns about Brookfield's Asciano deal
Australia’s competition regulator has raised concerns about Canada-based Brookfield Asset Management’s A$8.9 billion ($6.5 billion) cash-and-stock acquisition of listed rail freight and cargo port operator Asciano.
QIC leads $1.3b purchase of Australian gas storage facility
QIC Global Infrastructure Fund has led a consortium to purchase the Iona Gas Storage Facility in Australia for A$1.78 billion ($1.3 billion).
