Infrastructure
Chinese commercial rocket launch player raises $43m
Chinese commercial space launch start-up LandSpace has secured RMB300 million ($43 million) in an extended Series B round led by China Growth Capital.
TEPCO invests in PE-backed Vietnam hydro project
Tokyo Electric Power (TEPCO) has invested in a Vietnam hydropower project in which Nexif Energy, a Southeast Asia-focused energy investment platform backed by Denham Capital, owns a majority stake.
Australasia PE outlook: Return of the take-private
Large-cap GPs are setting their sights on listed companies, with healthcare, education and technology top of the list
Japan’s TEPCO invests in PE-backed Electrify
Electrify, a Singapore-based energy marketplace based on blockchain technology and backed by Japan’s Global Brain, has raised an investment of undisclosed size from TEPCO Frontier Partners, an incubator sponsored by Tokyo Electric Power (TEPCO).
India PE outlook: Momentary frights
Investors see potential in India as valuation concerns ease, but exits and the macro picture present challenges in the short term
India's NIIF to acquire infrastructure lender
India’s National Investment & Infrastructure Fund (NIIF) has agreed to acquire IDFC Infrastructure Finance (IDFC IFL), an infrastructure-focused non-banking finance company (NBFC), in its first solo control transaction.
CDH-backed Certusnet files for HK IPO
Certusnet, a China-based developer of telecommunication software backed by CDH Investments, has filed for an IPO in Hong Kong.
CDPQ invests $100m in India's Azure Power
Caisse de dépôt et placement du Québec (CDPQ) has invested $100 million in Azure Power, an Indian solar panel company listed in the US.
GIC-backed Greenko makes add-on acquisitions
Greenko Energy, an Indian renewable energy producer owned by GIC Private, has completed the acquisition of Orange Renewables and agreed to buy Skeiron Green Renewables. The two deals will increase Greenko’s overall operational capacity from 3.2 gigawatts...
GMR reaches settlement with investors in airport business
Private equity investors in India’s GMR Airports (GAL) will receive INR35.6 billion ($481.3 million) in cash plus additional equity in compensation after the company failed to deliver a liquidity event within an agreed timeframe.
Mitsui leads $40m Series B for Singapore's Campana
Mitsui & Co has led a $40 million Series B round for Campana Group as the data network infrastructure company advances the installation of an undersea fiber cable system between Singapore and Myanmar.
Blackbird joins $14m round for Australia space player
Australia’s Blackbird Ventures has joined a A$19 million ($13.7 million) Series B round for local rocket developer Gilmour Space Technologies.
Warburg Pincus commits $400m to China logistics business
Warburg Pincus has committed half of an $800 million round for Shanghai-based warehousing and logistics company NewEase China, which focuses on improving shipments through domestic airports and urban hubs.
CDPQ to invest $364m in CLP India
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest INR26.4 billion ($364 million) in CLP India, the India subsidiary of China’s CLP Holdings.
Partners Group agrees $142m Australia wind farm acquisition
Partners Group has agreed to pay Macquarie Capital and Renewable Energy Systems (RES) A$200 million ($142 million) for a construction-stage wind power project in Australia.
Equis hires UTIMCO's Mark Warner as partner
Asia-focused infrastructure investor Equis Group has appointed Mark Warner, who previously led natural resources investments at the UTIMCO, the University of Texas and Texas A&M University endowment, as a partner.
LP interview: Asian Infrastructure Investment Bank
Asian Infrastructure Investment Bank has moved fast to forge a name for itself as a champion of often ignored developing markets. As private sector activity ramps up, long-term plans are coming into focus
AustralianSuper, CPPIB back $6.7b Sydney toll road deal
AustralianSuper and Canada Pension Plan Investment Board (CPPIB) have joined a consortium that will acquire a 51% stake in Sydney’s WestConnex highway system from the New South Wales government for A$9.3 billion ($6.7 billion).
Tata-ICICI energy fund to take over India coal project
Resurgent Power Ventures, an energy-focused investment vehicle set up by Tata Power and ICICI Venture, has agreed to acquire a 75% stake in Prayagraj Power Generation, which operates a coal power plant in India.
PE firms to acquire India's Spoton Logistics for $78m
Samara Capital and Xponentia Fund Partners, a PE firm headed by former executives from CX Partners, The Carlyle Group, and Citigroup Venture Capital International (CVCI), have agreed to acquire Indian logistics platform Spoton Logistics from India Equity...
Brookfield, Macquarie to exit Australia's Quadrant Energy for $2.2b
Australian oil and gas supplier Quadrant Energy has agreed to a $2.15 billion buyout offer from domestic peer Santos that will provide a full exit for its private equity backers, including Brookfield Asset Management and Macquarie Capital.
CPPIB, Goodman commit $1.7b to China logistics partnership
Canada Pension Plan Investment Board (CPPIB) and logistics operator Goodman Group have jointly committed $1.7 billion to an existing logistics partnership in China.
Asia data center player raises $621m
AirTrunk, a Singapore-based data center provider focused on Australia, has raised A$850 million ($621 million) in senior debt financing and capital from existing investors Goldman Sachs and TPG Capital.
Deal focus: BlackRock finds an entry into Taiwan solar
BlackRock Real Assets acquires a solar power portfolio from a Taiwan renewable energy specialist, marking a number of firsts for the firm
