Infrastructure
ITALY - Foresight appoints new investment director
Foresight Group has strengthened its Rome-based environmental team with the appointment of Giovanni Terranova as an investment director.
UK – HgCapital bolsters renewables team
HgCapital has appointed Luigi Pettinicchio and Luis Quiroga to its Renewables team, bringing the total number of energy infrastructure specialists to seven.
EUROPE - Antin Infrastructure Partners launch announced
Antin Infrastructure Partners, a new fund management business focusing on the infrastructure space and affiliate of BNP Paribas Asset Management, announced its launch this morning at a briefing in London.
PORTUGAL - Magnum et al acquires Enersis for EUR 1.2bn
A consortium led by Magnum Capital has acquired a 90% stake in renewable energy utility Enersis from Australian infrastructure investor Babcock & Brown, in a deal valued at EUR 1.2bn.
SWEDEN - EQT closes infrastructure fund on EUR 1.2bn
EQT has closed its first infrastructure fund on EUR 1.2bn, exceeding its target of SEK 1bn.
EUROPE - KKR appoints head of infrastructure fund
It is understood that KKR has appointed Jésus Olmos, currently director of corporate development at energy company Endesa, as the new head of its European infrastructure, energy and transport fund.
Greasing the wheels
Fund administration providers offer a compelling service but their low penetration of the market suggests they still have much work to do to convince private equity firms of their benefits. By Nathan Williams
ITALY - Cape and Helio launch EUR 70m renewables fund
Cape Natixis and Helio Partners have launched Cape Helio, a EUR 70m vehicle designed to invest in solar energy plants in Italy.
ITALY - Fondamenta launches EUR 150m renewables fund
Fondamenta has launched a EUR 150m fund dedicated to investements in the renewable energy sector.
FRANCE - PAI-backed SPIE acquires Groupe Juret
PAI Partners portfolio company SPIE has acquired Groupe Juret, a provider of electrical solutions and air condition services.
Hard landing
The horror stories surrounding the commercial airline industry disguise a thriving sub-sector where opportunities for private equity abound. By Nathan Williams
ITALY - Promos chairman launches infrastructure fund
According to reports, a new EUR 700m infrastructure fund has been launched by the chairman of Promos, Bruno Ermolli. The fund will seek to invest in the development of roads, highways and similar infrastructure between Italy and countries south of the...
UK - LDC invests in Eve Trakway
LDC has invested an undisclosed sum in Eve Trakway, a supplier of temporary pedestrian and vehicle access equipment, such as roadways, footpaths, bridges and crowd control barriers, and ground protection systems which are used in major rail, communications...
UK - 3i acquires Uponor infrastructure unit in £100m deal
3i has acquired Finland-based Uponor Corporation's UK infrastructure unit in a buyout that values the company at £100m.
FRANCE - LBO France to divest Cegelec
According to reports, LBO France and the management team have entered exclusive negotiations with Qatari Diar after seeing around ten offers tabled for electrical engineering group Cegelec. The asking price is thought to be around EUR 1.7bn.
UK - 3i Infrastructure buys £86m of utilities debt
3i Infrastructure has invested £86m to buy debt in utilities including Thames Water, Viridian and National Grid Wireless.
GLOBAL - 3i Infrastructure raises fresh funds
Despite the current sombre economic backdrop, 3i Infrastructure has launched a £114.6m new share issue to increase its warchest for investing in global infrastructure assets. The firm is issuing just over 108 million new shares at a price of 106 pence...
UK - GIP closes $5.64bn fund
Global Infrastructure Partners (GIP) has closed its first fund on $5.64bn. This is GIP's first third-party fund, having previously invested from the balance sheet of founding institutions Credit Suisse and General Electric.
SPAIN – N+1-backed Eolia Renovables gets EUR 80m loan
N+1-backed renewable energy specilaist Eolia Renovables has received an EUR 80m loan from Banesto in order to guarantee its operations until 2010.
UK - Generation Investment Management closes fund
Generation Investment Management has closed its Climate Solution Fund at $683m. The fund has been raised purely from Generation's existing investor base.
SPAIN – Santander creates fund dedicated to renewable energy
Santander Private Equity, a subsidiary of Grupo Santander has launched Santander Energías Renovables I, a EUR 15m fund.