A subsidiary of the private equity group has secured the backing of nine banks to help fund the €1.2bn project – ‘the first German wind farm to be fully financed by private investors’. Blackstone has also acquired a licence to build another offshore wind farm worth €1.3bn.
2 min read · 15 January 2013
Pacific Equity Partners-backed Collins Foods is the latest private equity-backed company to list in Australia and have its share price fall.
3 min read · 15 January 2013
The sharp downturn in stock markets worldwide last week bodes ill for more than one type of portfolio, writes Oliver Smiddy.
3 min read · 15 January 2013
The firm has secured the backing of nine banks to help fund the €1.2bn project – ‘the first German wind farm to be fully financed by private investors’.
2 min read · 15 January 2013
The EIB hopes that its project bond initiative will help it gracefully step back from the prominent lending role it has assumed following the global financial crisis. But the new initiative may originate another cycle of EIB-dependence.
3 min read · 15 January 2013
The Netherlands-based international financial services firm has recruited two new hires to its New York-based Renewable Energy & Infrastructure Finance (REIF)-Americas business.
1 min read · 15 January 2013
The Blackstone Group affiliate GSO has collected $1.5bn for its second mezzanine fund, which is targeting between $3bn and $3.75bn.
2 min read · 15 January 2013
Having used several Private Finance Initiative (PFI) schemes as test cases, the UK’s Treasury now believes it can achieve £1.5bn of savings from the 495 PFI projects operational in England. The government has been fiercely critical of the costs of such schemes.
2 min read · 15 January 2013
The winning consortium has achieved financial close for the Gunfleet Sands offshore transmission project in the UK. All of the equity for the project is being provided by INPP, the London-listed infrastructure investor, while Barclays, BNP Paribas and Lloyds are providing senior debt.
2 min read · 15 January 2013
The tie-up between the real estate investment arm of insurance giant Prudential Financial and Paris-based developer Groupe Hoche forms part of its strategy of partnering local operators in markets it believes offer value creation.
2 min read · 15 January 2013
