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1 week ago | 
ionanalytics.com | Rouhan Sharma
News (Intelligence) An Indian procuring authority has switched the development format for two ropeway projects to the build, operate, transfer (BOT) model following market feedback, a senior official told Infralogic. One of these is a 5.76km-long project connecting Brahmagiri to the Anjaneri hills at Nashik in Maharashtra state, estimated to cost INR 3.76bn (USD 44m).
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1 week ago | 
ionanalytics.com | Chuck Stanley |Rouhan Sharma
News (Intelligence) With the future for Biden-era energy incentives unclear, developers are rushing to get late-stage projects on the ground, and investors are turning to complex contract structures to manage policy risks.
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3 weeks ago | 
ionanalytics.com | Stefano Berra |Brendan Malkin |Rouhan Sharma
News (Intelligence) UBS Asset Management is seeking to sell its direct infrastructure equity and debt investment business, which has recently grappled with senior departures and slow fundraising. The Swiss group earlier this year started a process overseen internally by its own bankers to find a buyer for the unit, which has around USD 6.6bn of assets under management, said sources familiar with the situation.
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3 weeks ago | 
ionanalytics.com | Stefano Berra |Rouhan Sharma
News (Intelligence) KKR Infrastructure is competing against real estate investors to buy Brookfield’s EUR 1.3bn Spanish student accommodation company Livensa Living. KKR has been shortlisted for the final round of an auction that was launched by Brookfield at the beginning of the year and is considering investing via its infrastructure arm, said sources familiar with the situation.
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1 month ago | 
ionanalytics.com | Rouhan Sharma |Rajhkumar K Shaaw
News (Intelligence) Indian renewables developer Avaada Group has refinanced INR 12.5bn (USD 145m) of secured local currency bonds with an amortising term loan from Axis Bank, according to three sources familiar. The debt has a 15-year tenor and is priced at 8.5%, the sources said. The term loan would be secured against the assets of the relevant project companies, two of the sources said. Axis Bank may look to sell down the loan, one of the sources said.
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1 month ago | 
ionanalytics.com | Rouhan Sharma
News (Intelligence) India’s Maharashtra state is planning to set up data centre parks, potentially in partnership with private developers, a senior official told Infralogic today. “We may set up three or four parks – two in Mumbai and one each in Pune and Nagpur – possibly in partnership with the private sector, or with the state industrial development corporation,” Secretary of Industries P Anbalagan said.
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1 month ago | 
ionanalytics.com | Matt O'Brien |Jonathan Carmody |Rouhan Sharma
News (Intelligence) Andean Telecom Partners (ATP) closed on an all-cash acquisition today, buying less than 200 sites in Colombia from SBA Communications, according to a source familiar with the situation. The transaction represents SBA’s exit from the Andean country, company executives said on a recent earnings call. The company entered into a sale agreement on 20 February, according to a company filing.
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1 month ago | 
ionanalytics.com | Michelle Cheng |Liam Ford |Matt O'Brien |Rouhan Sharma
News (Intelligence) Hyperscale and enterprise data center developer Stream Data Centers has pivoted to seeking an equity partner through its opco entity after initially engaging in a devco capital raise process, a source familiar with the situation said. Started in 1999, Dallas-based Stream Data Centers is the technical real estate affiliate of Stream Realty Partners.
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1 month ago | 
ionanalytics.com | Celine Ge |Rouhan Sharma
News (Intelligence) China’s State Power Investment Corporation is considering acquiring solar assets in Hungary, two sources told Infralogic. The state-owned company is looking at a potential purchase of a close to 50 MW utility-scale solar portfolio in the east European country from a local energy company. It may comprise two solar plants located in western and eastern Hungary. The deliberations are in the early stages, according to the sources.
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1 month ago | 
ionanalytics.com | James Arbuthnott |Rouhan Sharma
News (Intelligence) Victoria’s Gippsland offshore wind grid operator tender has attracted expressions of interest (EoI) from around four consortia, four sources familiar with the situation said.
