Infrastructure
CIC, GIC boost RRJ-backed Cheniere's LNG plant with $1b
China Investment Corporation (CIC) and Government of Singapore Investment Corp (GIC) are each said to have invested around $500 million in the liquefied natural gas (LNG) plant of US-based Cheniere Energy. This comes after Asia-focused private equity...
SBI, Macquarie pump $150m into Ashoka Buildcon unit
Two private equity funds managed jointly by State Bank of India and Macquarie Bank of Australia have agreed to invest $150 million in the road construction division of Indian roads and bridges operator Ashoka Buildcon.
Equis invests $200m in Thai solar assets
Singapore-based infrastructure GP Equis Funds Group has reportedly channeled $200 million into acquiring 100% of a portfolio of solar energy assets in Thailand.
Colonial First State buys TDF’s broadcasting assets in Finland
Colonial First State, an Australian wealth manager owned by Commonwealth Bank of Australia, has agreed to buy French broadcasting group TDF’s Finland business. The company, known as Digita, owns Finland’s largest broadcast tower network as well as...
3i India completes investment in Supreme Infrastructure
3i India has completed its minority investment in a portfolio of four road companies held by Supreme Infrastructure India (SIIL), a Mumbai-based infrastructure company.
Sprint Capital backs Australian coal miner
Sprint Capital has invested A$36 million ($36.4 million) for a 25% stake in Australian mining company Stanmore Coal. Capital from the Hong Kong-based private equity firm, which specializes in mining and natural resources sector transactions, will go towards...
Standard Chartered PE commits $22m to India’s Karaikal Port
Standard Chartered Private Equity (SCPE) has invested INR1.3 billion ($22.8 million) in Karaikal Port, a unit of Indian infrastructure and real estate company Marg Group. It joins existing PE shareholders IDFC Project Equity, Ascent Capital Advisors and...
AMP Capital acquires Australian schools project for $232m
Asset manager AMP Capital has received approval to acquire the South Australian Schools Public Private Partnership (PPP) project for an enterprise value of $232 million.
Jacob Ballas injects $38m in Marg Karaikal Port
Private equity firm Jacob Ballas Capital has provided Marg Karaikal Port, a unit of infrastructure and real estate company MARG, with a $38 million cash boost.
Investors inject $45.5b in China clean energy
Investment in China’s clean energy sector stood at $45.5 billion last year, which saw China lose its number-one status to the US for the first time since 2009.
Infrastructure: Big market, slow progress
Indonesia’s substandard infrastructure represents a huge investment opportunity and the government is taking steps to ensure foreign players can participate. However, returns will only come to those who wait
China’s silent auctions
Numbers alone don't really do justice to China’s post-global financial crisis credit boom, but they are impressive nonetheless. A RMB4 trillion ($633 billion) stimulus package was announced at the end of 2008, bank lending rose nearly 130% over the...
IL&FS signs off five real estate part-exits in 4Q
IL&FS Investment Managers (IIML) completed partial exits from five of its investments in Indian real estate in the fourth quarter of 2011. It also invested INR7.7 billion ($154 million) in the three months to December 2011.
GMR Infrastructure nears PE investment in roads business
GMR Infrastructure is close to sealing a INR6 billion ($120 million) private equity investment in its highways business, which will enable the company to finance a INR75 billion project it won last year to build a road between Ahmedabad and Kishangarh...
Nomura postpones India infrastructure fund - sources
Japanese financial group Nomura Holdings has postponed its plans to launch a $500 million India-focused infrastructure fund due to the uncertain economic environment.
China infrastructure: PE to the rescue?
The era of easy credit in China is over, leaving companies without the means to service debts tied to infrastructure projects. Foreign PE investors are looking for ways to capitalize on the opportunity.
IL&FS Private Equity buys IL&FS Energy stake for $44m
IL&FS Private Equity, has invested INR2.3bn ($44 million) for a stake in Indian power generation firm IL&FS Energy Development. The two parties have the same parent company.
GCA to invest $200m in India
San Francisco-based private equity firm Gerken Capital Associates (GCA) has announced that it intends to begin investing in the Indian market with an initial commitment of $200 million.
Warburg Pincus-backed port seeks expansion into Australia
Gangavaram Port, the Warburg Pincus-backed owner of India's deepest seaport, is reportedly in talks to acquire several operational seaports in Australia and Africa.
UTI Capital invests $19m in Indian oil JV
UTI Capital, the private equity arm of UTI Asset Management, has invested INR1billion ($18.8 million) for a 4% stake in Mumbai-based Indian Oiltanking.
Hanhong PE buys Stonewall stake for $13m
China’s Hanhong Private Equity Investment Company has invested $13 million in Stonewall Mining, buying it a 19% stake in the South African gold miner.
IDFC PE and SBI tipped to invest $154m in theme park
IDFC Private Equity and SBI Capital Markets are rumored to be considering investing INR1.2 billion ($154 million) in an INR95 billion theme park development based in India.
CIC plans to invest in Western infrastructure projects
China Investment Corp. (CIC) will commit funds to improving infrastructure in developed countries, starting with the UK, where it plans to team up with fund managers or participate through public-private partnerships.
Kingfisher closes in on $370m injection
Debt-ridden Indian airline Kingfisher is nearing the close of a $370 million recapitalization deal with an Indian private investor and a group of banks that should prevent it from collapsing.