Infrastructure
Terra Firma exits RTR in €1.3bn SBO
Sale ends a seven-year holding period for Terra Firma, which acquired RTR from Terna
Green Arrow to launch two new funds
GP will raise a €200m fund called Special Credit Situations, on the road by the end of the year
Magnum Capital buys Aire Networks
Magnum secures a majority stake in the Spanish telecoms operator, with the founders retaining a stake
FSN exits Green Landscaping in SEK 197m deal
GP sells its holding of 9,281,788 shares, held via its FSN Capital III fund, through a block sale
Xenon exits Eco Eridania
Sale ends a six-year holding period for Xenon, which acquired a stake in Eco Eridania in 2012
BaltCap exits Trev-2 Group
Deal is GP's third exit in 2018 following the sales of Magnetic in January and Runway in May
Norvestor-backed Roadworks acquires Otera Infra
With the acquisition, Roadworks intends to strengthen its service offering in its local market
Cinven exits Ufinet Spain, retains Ufinet International
Sale ends a four-year holding period for Cinven, which acquired the company from Gas Natural Fenosa in 2014
Ardian sells 49% stake in Luton Airport to AMP Capital
Previous media reports valued Ardian's stake in the international airport at more than $400m
EQT lines up Tampnet sale process
Several private equity funds and infrastructure investors are expected to pitch bids
EQT V, EQT VI sell Broadnet to EQT Infrastructure III
Fibre communication company plans to gain further ground in the Norwegian market
Global Infrastructure Partners agrees to acquire Italo
Italo announced the withdrawal of its application for admission to trading on the stock exchange
EQT Infrastructure to acquire CAIW
Deal is expected to close in Q4 2017, pending approval after a consultation period
JZ Capital reaps 9.2x cash on Factor sale
Fund manager received €69.7m of gross proceeds from the sale of the Spanish energy supplier
Sentica backs Konevuori
Konevuori will operate as a subsidiary of Finnish infrastructure construction group TerraWise
Deal in Focus: Terra Firma sells Infinis wind assets to JP Morgan
Sale of onshore wind assets follows a protracted 14-year holding period punctuated by numerous partial exits, an IPO and subsequent delisting
Private equity's big stake in infrastructure
GPs are increasingly attracted to infrastructure, bringing a range of investment options and approaches within the asset class
Macquarie acquires Green Investment Bank for £2.3bn
Transaction will see the firm take control of £4bn of funds and launch three new vehicles
CVC purchases CLH from Ardian et al.
Deal is the fourth investment for the GP's 2016-vintage Strategic Opportunities fund
KKR acquires 40% stake in Telefonica's Telxius
Infrastructure deal comes after the mobile operator decided against pursuing an IPO for its infrastructure arm
Omnes sells stake in Valorem to 3i in €57m deal
3i bought a 28.5% share from Omnes' vehicle FCPR Capenergie and others
Bregal and Motion exit MUS to First Reserve
Sale of utility service provider follows an eight-year holding period
Goldman Sachs-backed Dong sets summer IPO
Government will retain a 50.1% stake in the national energy company after largest-ever Danish IPO
Astorg acquires Parkeon in €450m deal, nears close on 6th fund
Astorg's sixth buyout fund is expected to close on its €2.1bn hard-cap in May