Infrastructure
Standard Chartered PE makes another Indian exit - reports
Standard Chartered Private Equity-backed energy generator producer Powerica Ltd. has reportedly targeted $200 million for its upcoming June IPO, coming as the latest of Standard Chartered’s exits in the Indian market
Vietnam Infrastructure ups stake in mobile tower builder
Vietnam Infrastructure Limited (VNI), touted as the first publicly traded fund focusing on the country’s infrastructure opportunities, has boosted its stake in telecommunications mobile tower builder Mobile Information Service Joint Stock Company (MIS),...
NSR, IL&FS telco tower operators to merge
Private equity firm New Silk Route’s (NSR) investee Ascend Telecom Infrastructure will merge its telecommunications tower business with India Telecom Infra Ltd. (ITIL), which is 50%-owned by industry peer IL&FS.
Carlyle takes 15% stake in Qube Logistics
Qube Logistics has announced that it has reached an agreement with Carlyle Infrastructure Partners (CIP), a unit of the international private equity giant Carlyle Group, through which the fund will subscribe to up to 91,388,476 shares – or about 15%...
First Reserve opens in Asia with MD Paton
Energy-focused First Reserve Corp. has launched in Asia via an office in Hong Kong, the latest global firm to be drawn to the region in search of investment prospects.
Enam India Infrastructure fund approved for FDI
Enam India Infrastructure Fund, a Mauritius-registered fund, has reportedly received approval to take foreign direct investment of 3,450 crore ($755 million) from The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Manmohan Singh,...
Mount Kellet invests in Vietnam's Masan Group
Private equity firm Mount Kellett Capital Management has injected $100 million in a unit of Vietnamese consumer-product and financial services holder Masan Group.
Swiss-Asia Financial Services to launch energy-focused PE fund – report
Singapore-based asset manager Swiss-Asia Financial Services is said to be raising €500 million ($671.7 million) for a Chinese power plant-focused private equity fund.
Dragon Capital invests $3.36m in publicly listed Electricite du Laos Generation
Dragon Capital has made the first investment from its Mekong Brahmaputra Clean Development Fund L.P., in the Laos state-backed hydro-electric power company Electricite du Laos Generation (EdL Gen), purchasing $3.36 million worth of shares in the company...
AMP Capital makes first Chinese acquisition
The AMP Capital Asian Giants Infrastructure Fund (AGIF), operated by Australian investment manager AMP Capital, has take a 19.11% stake in China’s Qujing Gas. The deal is AMP’s first acquisition in China.
Macquarie invests in Moser Baer project
The Macquarie SBI Infrastructure Fund is to take an INR5.8 billion ($129 million) minority stake in a New Delhi-based, 2.52 gigawatt thermal power project of Moser Baer, a domestic energy developer.
Actis, GIC in Indian power deal
Emerging markets private equity specialists Actis and the Government of Singapore Investment Corporation will each invest $77 million into Indian power developer GVK Energy, a subsidiary of Hyderabad-based GVK Power and Infrastructure.
Clearwater to support the sale of Griffin Coal
Clearwater Capital Partners, as the largest creditor to Griffin Coal and a member of the Creditors Committees and Noteholder’s Working Group, has announced that it will support the sale of Griffin Coal Mining Company and Carpenter Mine Management to...
Actis, GIC invest $77 million in GVK Energy
One month after Indian power giant GVK Energy received a $182 million investment from 3i India, Actis and SWF the Government of Singapore Investment Corporation (GIC) have also pledged $77 million in the company.
CLSA Capital Partners makes debut Pacific Transportation deal with OSL
CLSA Capital Partners has announced the first investment from its Pacific Transportation Asia logistics and shipping private equity unit, with a majority investment in OSL Holdings Ltd., a Hong Kong-based dry bulk ship owner and operator.
Queen confirms new 3i infrastructure fund at AVCJ India Forum
3i Group CEO Michael Queen has confirmed the formation of the group's second Indian infrastructure fund, expected since March this year, while speaking at the AVCJ India Forum 2010 in Mumbai.
ADB to invest India renewable energy JV
The Asian Development Bank has announced a JV agreement with India's NTPC Ltd. and Japan's Kyushu Electric Power Company to develop and operate 500MW of renewable power projects in India, and to invest up to $40 million for 25% of the operating company.
Ariston confirms new infrastructure fund
Indian financial services group Ariston Capital Services Pvt. Ltd. has confirmed the launch of its new infrastructure fund, the Ariston IET Infrastructure Fund 1, targeting INR 1,200 crore ($265 million) with a greenshoe option of INR300 crore ($66 million).
Port of Brisbane goes for $2.3 billion
In the latest big infrastructure deal to come out of Australia, Q Port Holdings, a consortium comprising Australia’s Industry Funds Management (IFM), funds managed by the Queensland Investment Corporation (QIC), US infrastructure firm Global Infrastructure...
GIP, QIC, ADIA pick up $2.3 billion Brisbane port franchise
Q Port Holdings, a consortium comprising US infrastructure firm Global Infrastructure Partners, Australia's Industry Funds Management, funds managed by the Queensland Investment Corporation (QIC), and Tawreed Investments Ltd., a wholly-owned subsidiary...
3i announces $182 million GVK Energy investment
3i Group has announced a $182 million investment from its 3i India Infrastructure Fund as leader in a total RS1200 crore ($260 million) funding round for GVK Energy Ltd., a subsidiary of leading Indian infrastructure developer GVK Power and Infrastructure...
India’s all-inclusive infrastructure rollout
Huge infrastructure development schemes have been underway across most of Asia’s developing economies for some years now, especially in India and China.
CIC may invest in US infrastructure
PRC SWF the China Investment Corporation (CIC), may seek to invest in infrastructure projects in the US, as its officials urged US authorities to spend up to $1 trillion on new infrastructure, according to reports.
IL&FS fund fully exits ABG Shipyard, seeing 4x returns
IL&FS Investment Managers Ltd’s Leverage India Fund (LIF) has fully exited its five-year investee ABG Shipyard Ltd. (ABG) through the public markets, reporting 4x returns on its investment.