DIF Capital Partners (DIF) has raised EUR 6.8 billion (US$ 7.4 billion) for its latest infrastructure funds, DIF Infrastructure VII (DIF VII) and DIF Core-Plus Infrastructure Fund III (CIF III).
The company successfully concluded the fundraising for DIF Infrastructure VII at EUR 4.4 billion (US$ 4.8 billion) and DIF Core-Plus Infrastructure Fund III at EUR 1.6 billion (US$ 1.7 billion), along with specific co-investment vehicles totaling EUR 800 million (US$ 873 million). Notably, both DIF VII and CIF III exceeded their initial target fund sizes of EUR 4 billion (US$ 4.3 billion) and EUR 1.5 billion (US$ 1.6 billion), respectively. The cumulative commitments for the preceding funds, DIF VI and CIF II, amounted to EUR 3.0 billion (US$ 3.2 billion) and EUR1 billion (US$ 1.09 billion).
Both fund strategies are oriented towards a blend of operational and greenfield investments, with a primary focus on Europe and North America. These funds garnered commitments from a diverse institutional investor base comprising over 110 investors globally, spanning Europe, the Americas, Asia, and the Middle East. Investors include public and private pension plans, sovereign wealth funds, insurance companies, financial institutions, foundations, and private wealth investors. DIF VII encompasses sectors such as transportation, renewable energy, digital infrastructure, and utilities. On the other hand, CIF III concentrates on domains including digital infrastructure, energy transition, and sustainable transportation.
Golding Capital Partners has announced the final closing for its two current infrastructure funds, with total commitments of EUR1.5 billion (US$1.49 billion).
Read moreInvesis has acquired a 45% stake in the University Hospitals Schleswig Holstein (UKSH) project located in Kiel and Luebeck in Germany from the DIF Infrastructure III fund.
Read moreCobra IS, a Vinci subsidiary, has signed a DKK4 billion (US$585 million) contract for the 18-km-long Femern tunnel between Germany and Denmark.
Read moreFemern A/S has awarded a DKK4 billion (US$585 million) design-build contract for electrification services for the Fehmarnbelt tunnel project.
Read moreThe European Investment Bank (EIB), KfW IPEX-Bank and NORD/LB have provided EUR189 million (US$205.89 million) to finance the expansion of public transport in the Chemnitz region.
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