Zak Bentley
The Macquarie debt vehicle’s second social housing deal is part of a wider £270m debt package.
The sale allows UK investment firm Northill Capital to gain a foothold in infrastructure, ending a sale process that had been running for almost two years.
The firm has already raised €1.4bn across European-focused debt funds and segregated accounts.
The revamped Green Investment Bank has backed a UK-based energy-from-waste plant worth about £360m.
The firm has secured a further $1.6bn of co-investment capital alongside Fund III, which will focus on mezzanine debt.
The ‘pioneering’ listed vehicle has already secured commitments from nine Nigerian pension funds for its initial placing.
The government will propose legislation that will see alternative investments made by Danish pension funds ‘done in a proper way’.
The mandate obtained from two strands of Japan’s development bank builds on a similar partnership sealed with Sumitomo Mitsui Trust Bank a little over two years ago.
NAB, ING and Rabobank have joined Macquarie in providing debt to a 151MW portfolio backed by the UK’s Contract for Difference regime.
The Pensions Infrastructure Platform, acting on behalf of Railpen, has provided the funds needed to refinance rooftop solar assets owned by Foresight.