December 2009

New infrastructure lending initiatives hit and miss 16 December 2009

Which government and multilateral responses to the credit crunch worked best? Which ones worked quickly enough? And which will remain features of infrastructure finance beyond the recovery? Tom Nelthorpe reports.

Infrastructure funds 16 December 2009

Hochtief IPO falls victim to Dubai contagion

Boralex and Cube team up for Euro wind and solar 15 December 2009

Canadian renewables developer Boralex will form a partnership with Cube Infrastructure Fund to speed up the development of Boralex's European segment, particularly in wind and solar power.

EMIF makes first close 15 December 2009

The Challenger-Mitsui Emerging Markets Infrastructure Fund (EMIF) has raised $238 million for its first close.

Multilaterals commit to Marguerite Fund 07 December 2009

The core sponsors of the Marguerite Fund – a pan-European infrastructure fund founded by multilaterals - held their first management meeting on 3 December accepting cornerstone commitments from the sponsors of Eu100 million each.

Macquarie to raise second Korean infra fund 03 December 2009

Macquarie Group is planning to raise around $1 billion for its Macquarie Korea Opportunities Fund II, its second South Korea-focused infra fund.

November 2009

Hastings launches third infra fund 25 November 2009

Westpac-owned Hastings Funds is launching Hastings Infrastructure Debt Fund III, which will focus on lending junior debt to infrastructure projects and businesses in the utilities, transport, telecommunications and social infrastructure sectors

Ports America wins Maryland's Seagirt 23 November 2009

Highstar Capital's Ports America and the Maryland Port Administration have signed a 50-year concession agreement

Bloody fundays 19 November 2009

Raising equity commitments in today's market is a difficult task and a handful of banks with designs on infrastructure funds have beaten hasty retreats. As a glut of assets hit the market, Paul Smith assesses its impact and the types of investor that are likely to thrive.

Future refinancings weigh on MIIF 11 November 2009

Singapore-listed Macquarie International Infrastructure Fund has released a sobering set of results for the nine months ending 30 September 2009

Macquarie and Mexico to create infra fund 11 November 2009

Macquarie Group and the Mexican government will create a fund to invest in the country's infrastructure.

Invicta launches UK biomass fund 09 November 2009

Invicta Capital has launched a £300 million ($499 million) fund to invest in the development of a portfolio of biomass combined heat and power plants in Scotland.

Transurban attracts Canadian fund bid 05 November 2009

The Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan have made an unsolicited bid to buy Transurban

Morrison & Co to market social infra fund 03 November 2009

Morrison & Co is working with Craig Investment Partners to market a fund targeted at retail investors to invest in PPP in New Zealand.

HICL plans share issue 02 November 2009

HSBC's £373 million listed infrastructure fund, HICL, plans to issue a tranche of C shares to pay down debt accumulated from its recent acquisitions to allow it to purchase more PPP assets.