InfraRed hones sights onto Aussie PPP opportunities (The Australian Financial Review)
“While you have a significant up- front financial benefit for the public sector, once you sell [an asset] you never get it back,” said InfraRed’s Chief Executive, Werner von Guionneau. But with PPPs, you can reconsider after 20-25 years, you’re not making a final decision. It keeps options for the public sector in case the […]
InfraRed has reached financial close on the road project in Aruba
InfraRed Infrastructure Fund III (the “Fund”) has reached financial close on the Watty Vos Boulevard project (“WVB Project”), a US$91m availability-based road concession in Aruba awarded to Mota-Engil in July 2015. Mota-Engil is a large international contractor and will perform the construction under an EPC on a fixed price and fixed term basis. Aruba is […]
InfraRed has reached financial close for US$81m on the SH 288 Toll Lanes Project in Texas, USA
InfraRed’s Infrastructure Fund III has reached financial close on the SH 288 Toll Lanes project and has committed to invest $81m for a 22% stake, which makes it the equal largest investor, alongside the contractors ACS and Shikun & Binui, (the balance of equity is shared amongst a small number of other financial investors). The […]
InfraRed has reached agreement to acquire 50% stake in Colombian road project
InfraRed Infrastructure Fund III (the “Fund”) has signed an agreement to purchase a 50% interest in the Perimetral de Oriente de Cundinamarca project (“Cundinamarca”), a $610m road project in Colombia, in partnership with Shikun & Binui with whom we are partners on two other projects. This is the Fund’s 13th investment and brings total equity […]
InfraRed has completed the sale of its stake in A63 motorway in France
InfraRed Capital Partners, acting on behalf of InfraRed Infrastructure Fund III, has sold its 42% stake in Atlandes, the concession-holder of the A63 motorway in South-West France, to a consortium comprising AXA Investment Managers – Real Assets, acting on behalf of AXA Insurance Companies, and Crédit Agricole Assurances. The A63 is a 104 kilometre motorway […]
InfraRed has completed an investment in two solar projects in Mexico
InfraRed Infrastructure Fund V (the “Fund”) has completed an investment in two greenfield solar PV projects in Northern Mexico. Projects Torreoncitos and Rancho el Trece are construction ready solar parks, each with capacity of 36MW. The works are scheduled for 6 months, with construction completion expected at the end of 2017. The Fund has committed […]
InfraRed confirms financial close on the Merkur offshore wind farm project
InfraRed’s Infrastructure Fund III has confirmed financial close on the Merkur Offshore wind farm project (“Merkur”) and has committed to invest c. €125m for a 25% stake, alongside a consortium of investors which includes global private markets investment manager Partners Group (on behalf of its clients);contractor related entities DEME Concessions Wind, member of the DEME […]
InfraRed confirms financial close on Afton Wind farm
InfraRed Infrastructure Fund III has committed to invest £78m (c. $100m) for a 100% interest in Afton Wind Farm (“Afton”). Afton is a fully consented, construction-ready, 25 turbine, 50 MW onshore wind farm located in the south west of Scotland. This opportunity has been acquired from E.ON Climate & Renewables (“E.ON”) who developed the project […]
InfraRed completes sale of 85MW portfolio of four wind farms
InfraRed confirms the infrastructure team recently completed the sale of its interest in Crook Hill Wind Farm on 07 December 2015. This transaction successfully completes the disposal process of four UK onshore wind farms developed by InfraRed on behalf of its development environmental infrastructure fund, with a combined capacity of 85MW. The four wind farms […]
InfraRed CEO welcomes UK Government’s moves on PFI
InfraRed’s Chief Executive Officer, Werner von Guionneau, has welcomed the U.K. Government’s plans to revise the PFI model and attract pension fund capital for investment in infrastructure projects in the U.K.. Guionneau, who has been head of the fund manager – which specialises in investment in PPP/PFI projects – since its MBO from HSBC earlier […]
InfraRed Capital Partners to Invest in World-leading Swansea Bay Tidal Lagoon Power Station
• InfraRed Capital Partners (“InfraRed”) becomes the final institutional equity investor in £1bn tidal power project • Commitment ensures project now has full equity funding needed to proceed InfraRed has today announced its agreement to invest in the £1bn Swansea Bay Tidal Lagoon, the world-leading renewable energy development which is set to transform the economy of the […]
InfraRed Capital Partners – Strong ESG performance by InfraRed in PRI’s Assessment 2016
…‘B’ for Infrastructure. For the last three years, InfraRed has been reporting its ESG activities to the PRI not only in respect of the business as a whole, but also…