Deals:
Aviva Investors has completed a €40 million investment into Connected Infrastructure Capital, acquiring a majority shareholding in the German renewable-energy developer.
Aviva Investors has completed an additional investment, totalling €30 million, into Innovo Renewables, an Italy-based company that develops, constructs and manages renewable-energy projects across Italy, the United Kingdom and Spain.
BNP Paribas Asset Management has announced it will be investing €70 million into CVE Biogaz, a division of a French headquartered IPP.
Copenhagen Infrastructure Partners and Friesen Elektra Green Energy AG have launched Project Anker, a green hydrogen production facility in Sande, Lower Saxony, Germany.
Copenhagen Infrastructure Partners has entered into a joint venture agreement with Vestforbrænding, Denmark’s largest waste-to-energy company, to develop, build and operate a carbon-capture facility in Glostrup, Denmark.
Copenhagen Infrastructure Partners has, through its flagship fund CI IV, taken a financial investment decision and issued a notice to proceed to commence construction of two additional BESS projects in Scotland.
DWS has acquired a 100% stake in onshore wind farm Ostbevern, located in North Rhine-Westphalia, Germany.
Equitix has joined a partnership developing a 70GWh greenfield biogas plant in Sweden.
Exus Renewables has acquired the 130MW ready-to-build Cibele solar farm in Portugal from Lightsource bp.
F2i SGR’s Healthcare platform, Hisi, has acquired a portfolio of hospital concessions in Northern and Central Italy from Infracapital.
Infranity is committing c.€170m to Data4 Group latest round of debt financing. This investment is part of a broader €3.3 billion financing package designed to support Data4 Group continued expansion.
Infranity to acquire a majority stake in Scandinavian locomotives lessor Nordic Re-Finance.
M&G Investments announced they have recently completed a co-investment in Absolute Energy, an Italian renewable-energy developer and independent power producer based in Rome, in partnership with I Squared Capital.
Infranode has acquired a Swedish school facility to boost its social infrastructure portfolio.
Nala Renewables has entered into an agreement to acquire a 50MW, ready-to-build battery energy storage project in Finland from Fu-Gen AG, a Swiss-based renewables developer and independent power producer.
Northleaf Capital Partners has announced that they are divesting their majority interest in NCP Mula Solar S.L., a 494-megawatt-peak solar photovoltaic plant located in Murcia, Spain.
Octopus Energy’s generation arm has executed its largest deal in France to date with the acquisition of agrivoltaics developer OX2 France from OX2 AB. Financial terms were not disclosed.
Partners Group has agreed to invest an initial equity commitment of up to €400 million in Green Flexibility, a developer and operator of large-scale BESS in Germany.
PATRIZIA has acquired Operadora Iberica de Redes y Servicios S.L. (REDI), a fiber-to-the-home network owner and broadband and mobile operator in eastern Spain.
Qualitas Energy have acquired a portfolio of two solar PV farms in Poland from ib vogt GmbH, with a combined capacity of 117 MWp.
Quinbrook Infrastructure Partners has announced a phased investment of up to £100 million in Aegis Energy to lead the deployment of clean, multi-energy refueling hubs for commercial vehicles in the United Kingdom.
Stonepeak has completed its acquisition of Boundary Street Capital.
Vauban Infrastructure Partners has closed a €606 million debt financing package for Proxiserve, an energy services provider for residential and tertiary buildings in France.
Fundraising:
Blackstone Infrastructure Strategies (BXINFRA), a Blackstone-sponsored fund that seeks to provide qualified individual investors access to Blackstone’s premier infrastructure platform, has raised more than $1 billion, according to a recent SEC filing.
Omnes Capital has announced the final close of its fifth-generation renewable-energy fund, Capenergie 5, at €2.05 billion, including €250 million in co-investments.
StepStone’s inaugural infra fund reaches final close oversubscribed at $1.2 billion. The fund, focused on co-investments, originally set out with a target of $750 million.
White Summit Capital has completed the first close of White Summit Capital Decarbonisation Infrastructure Fund II (WDIF-II) with over €350 million in commitments, surpassing 50% of its target size of €500 million.
Vesper Infrastructure Partners has passed the 60% mark for its debut fundraise with €570m interim close.
Movers & Promotions:
InfraRed Capital Partners has announced it will be expanding its presence in Western Europe into Germany in 2025.
KKR have combined their Real Estate and Infrastructure into a single Real Assets group which represents c.$157 billion AUM. Raj Agrawal, formerly global head of infrastructure, has been promoted to global head of real assets, overseeing the Real Assets businesses.
Morrison has appointed Shane Swords as head of distribution for Europe. Swords most recently served as the managing director and head of investor relations at NextEnergy Capital.
Piper Sandler has hired Paul Leece as their Global Head of Infrastructure. He previously held the same title at Cantor Fitzgerald.
RGREEN INVEST has hired Alexis Broders, joining as Managing Partner. They have also promoted Mathilde Ketoff to Partner, Head of Debt.
Schroders Capital has appointed Minal Patel to the newly created role of global head of infrastructure. Patel has served as a Partner at Schroders Greencoat since 2019.
Current Mandates:
Investment Analyst – Energy Transition- Spain
Investment Associate – Infrastructure - Paris/Madrid
Assocaite – Renewable Energy (Specifically Wind) - Berlin
Senior Investment Associate – Renewables (Emerging markets) - London
Investment Senior Associate/Junior VP – Renewables - London