Brookfield infrastructure fund IV co-invest with new Mexico SIC
New Mexico State Investment Council (SIC) has approved commitment to co-invest US$ 50 million alongside Brookfield infrastructure fund IV. With the target of raising US$ 20 billion, the fund is set to be the biggest global infrastructure fund.
The fund has already raised US$ 15 billion by the end of June 2019, including US$ 100 million commitment from New Mexico SIC. The fund has closed nine seed investments in four continents for Infra projects in renewable power, data, energy, and transportation sectors.
The initial investments are on target to achieve a net internal rate-of-return target of at least 10%.
Country updates
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December 02, 2019
Mexico launches National Infrastructure Plan
The government of Mexico and private sector members have launched the National Infrastructure Plan which includes investments of MXN 859 billion (US$ 43.87 billion) in the first stage of the plan...
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November 29, 2019
CPPIB, Ontario Teachers to acquire individual stakes in Impulsora del Desarrollo y el Empleo en América Latina
Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers’ Pension Plan (Ontario Teachers) have entered into a definitive agreement to acquire a stake in Impulsora del Desarrollo y el Em...
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November 25, 2019
Mexico city international airport terminal 3 project cancelled
El International Airport of Mexico City (AICM) in Mexico has canceled the call for a public tender for the executive project for building and operation of terminal 3 of Mexico city internati...
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November 18, 2019
Public Private Partnership eyed for High speed rail between Mexico and Querétaro
The Government of Mexico and Secretariat of Communications and Transportation (SCT) is planning to revive the high-speed passenger train project connecting Mexico City and Querét...
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November 08, 2019
Tender for development of terminal 3 at Mexico city International Airport
General Directorate of the International Airport of Mexico City in Mexico has announced the tender notice for the development of terminal 3 at Mexico city Internation Airport. The airport will occupy...
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