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
Wesley Edens, Robert Kauffman, Peter Briger, Randal Nardone and Michael Novogratzhave have entered into new five-year contracts as Fortress reported ‘off expectations’ second quarter results.
2 min read · 15 January 2013
Fortress principals Wesley Edens, Peter Briger, Robert Kauffman, Randal Nardone and Michael Novogratz have entered into new five-year contracts with the New York alternative investment house, effective January 1, 2012. Their extended employments were announced as Fortress reported ‘off expectations’ second quarter results.
2 min read · 15 January 2013
The Virginia Department of Transportation has issued a request for detailed proposals for the Route 460 highway extension, which has attracted interest from Cintra, Kiewit, Skanska and other groups. Virginia hopes to sign a contract for the project by next May.
2 min read · 15 January 2013
With the creation of Access Point Financial, the firm has deployed roughly 30% of its $3.5bn fifth fund, some of which has been in US banking platforms, says CEO Charles Davis.
2 min read · 15 January 2013
The New York-based infrastructure private equity firm has agreed to invest in Caiman Energy from its fourth fund, which is targeting $3.5bn.
2 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