The total transaction price includes the acquisition cost of 50% stake in Hornsea 1 and commitment to fund 50% of the payments under the engineering, procurement and construction The post Orsted to sell 50% stake in Hornsea 1 offshore wind farm for $5.8bn appeared first on Compelo Energy.
Rail News - Georgia Ports Authority Oks $92M For Mason Mega Rail Terminal. For Railroad Career Professionals
The Georgia Ports Authority's (GPA) board yesterday approved $92 million for the Mason Mega Rail Terminal project at the Port of Savannah.The project will double the Port of Savannah's annual rail capacity to 1 million containers. Work approved yesterday includes 124,000 feet of new track, 88 automated switches and rail control devices, as well as the rail and power infrastructure to support the operation of rail-mounted gantry cranes, GPA officials said in a press release.The added rail capacity will better accommodate 10,000-foot long unit trains on Garden City Terminal.
In 2015, the CIMIC Group subsidiary was given a four-year contract worth $137m to provide mining services for the open pit copper mine, located in the Antofagasta Region, The post Thiess wins $303m contract extension for Chilean copper mine from AMSA appeared first on Compelo Energy.
The farms, which formed the majority of Hassad Food's Australian holdings, will be transferred to Macquarie Infrastructure and Real Assets (MIRA) and Hassad will invest in a MIRA managed portfolio. The post Macquarie to buy Australian farm portfolio of Qatar wealth fund appeared first on DealStreetAsia.
Saudi Arabia's sovereign-wealth fund has signed an $11 billion syndicated loan with global banks, as the government institution prepares to invest in new industries and spend overseas to diversify the oil-dependent economy.
Venezuelan President Nicolas Maduro said Saturday he had new commitments from Beijing on funding for the oil industry on which crisis-hit Caracas relies.
According to Nabard, the fund is expected to achieve an investment of Rs 100 billion in the dairy sector by 2019-20.
Australian infrastructure investment firm, Palisade Investment Partners, will take a "significant" ownership interest in the Hawaiki cable. : Australian infrastructure investment firm, Palisade Investment Partners, will take a "significant" ownership interest in the Hawaiki cable. The percentage Palisade will hold has not been revealed, but the company describes itself as operating "under the 'supported independence' model of the Pinnacle Investment Management Group which allows our investment executives to focus solely on investment acquisition and management." Palisade is acquiring the interest in Hawaiki on behalf of two direct investment mandate clients and Palisade's Diversified Infrastructure Fund (PDIF).
The Asian investor built a stable of British infrastructure assets ranging from sewage to gas to rail over the last decade. The post HK's CK Infrastructure said to weigh listing of UK assets appeared first on DealStreetAsia.
By Tyler Wilton, DWS Our unique approach to infrastructure investing is focused on "pure-play" infrastructure, where the majority of company value is derived from owning and operating physical assets that are essential for economic or social needs. A "pure-play" focus is essentially designed to replicate investment characteristics of private (i.e. direct) infrastructure investing (read more [...]