Your Infra Network
La huitième édition de Paris Infraweek, organisée par Paris Europlace et le ministère de l'Économie et des Finances et dont CFNEWS Infra est partenaire, a vu la place s'interroger sur les nouvelles conditions de marché, le ralentissement du M&A, l'arrivée de nouveaux segments dans la classe d'actifs ou encore l'adaptation au changement climatique....suite
One more week before the 2024 Paris Infraweek set to kick-off on Monday, November 4. Final agenda and speaker line-up of the inaugural day dedicated to the role of infrastructure in the global decarbonization, are available online.
KKR, acquires 25% stake in Enilive, a biofuel unit, from Eni for $3.4bn. Enilive aims to provide progressively decarbonized services and products in support of a sustainability-driven mobility transformation.
Cordiant Digital Infrastructure Limited acquires and merges DCU Invest NV and Proximus Group’s data center business, securing a 47.5% stake in the combined entity for €92.3 million.
Meridiam has finalized the acquisition of LISEA, the company managing high-speed rail infrastructure. Upon completion, Vinci Concessions will hold 42.045% of LISEA's capital, Meridiam 41.945%, with the remaining shares held by CDC.
GCP International, which has investments in digital infrastructure, logistics and self-storage in the Americas, Asia and Europe, is being sold by GLP Capital Partners Ltd., to Ares Management Corp., a real estate asset management company, for $3.7 billion.
AIP Management has agreed to acquire a 33% stake in Valorem, an independent European renewable energy developer and power producer, from investment firm 3i Infrastructure for €309 million.
Blue Owl Capital Inc. announces a definitive agreement to acquire IPI Partners, LLC, a digital infrastructure fund manager, for approximately $1 billion. Expected to close by early 2025, the acquisition is projected to be earnings-neutral in 2025 and modestly accretive by 2026. Blue Owl will collaborate with ICONIQ Capital to drive future growth.
BlackRock has agreed a deal worth $12.5 billion to buy Global Infrastructure Partners. The new platform, the largest in the world will manage around $170 billion of assets in more than 100 countries.
This second vintage takes the form of a Fund of debt funds, with capital drawdowns, a maturity of 8-years, and a target size of EUR 300 million. Classified as Article 8 under SFRD, the fund is poised to capitalise on the complex and diverse European private market (stressed and non-core loans). This second vintage targets a Net IRR of 12-15% by investing in 6 to 8 private debt funds.
Eurazeo announces that its maiden infrastructure program has held its final close at €706 million in aggregate commitments from institutional investors across North America, EMEA and France. The final close exceeds the original €500 million target by over 40% only 20 months after first closing, reflecting the strong investor demand for the Fund’s diversified SFDR Article 9 investment strategy focused on the transition of essential services delivered by infrastructure to a low carbon economy.
"Societies everywhere are grappling with major, overlapping challenges: Energy security pressures, the transition to a low-carbon economy, changing demographics and urbanization, and realigning supply chains. On the horizon is a digital revolution led by artificial intelligence." Read the full paper