Final close reached for ICG Infrastructure Equity 1 fund
Intermediate Capital Group (ICG), the global alternative asset manager, has achieved a final close of EUR1.5 billion (US$1.65 billion) for its debut Infrastructure fund, ICG Infrastructure Equity 1.
The fund has surpassed its target size of EUR1 billion (US$1.10 billion). It intends to invest in sustainable infrastructures, such as renewables, energy efficiency, fiber optic networks, electric mobility, and social infrastructure. The fund focuses on Western Europe and is pursuing a green generalist strategy aligned with UN Sustainable Development Goals.
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Country updates
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March 22, 2022
Tender issued for USD243.3 million student housing PPP project in UK
The University of Exeter in UK has launched a tender for the development of the Clydesdale & Birks Grange student housing building at Streatham Campus of the University of Exeter.
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March 22, 2022
Welford Healthcare buys two care homes from Woodleigh Care
Welford Healthcare has acquired two care homes owned and operated by Woodleigh Care in the UK. The care homes consist of 107 high quality predominantly en-suite beds, located within establis...
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March 22, 2022
Tender launched for Winchester mixed use regeneration PPP project
Winchester City Council in the UK has launched a tender notice seeking a private developer for the regeneration of the site located in Winchester city center. Central Winchester regeneration (CWR) si...
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March 21, 2022
Plans approved for development of new Cardiff arena PPP in the UK
Planning Committee has approved plans for the development of a new Cardiff arena, precisely for Phae One of Atlantic Wharf in Butetown, UK. The project's Phase One comprises the new arena with...
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March 18, 2022
PFI contract restructured for Birmingham highways
The Birmingham City Council has modified the private finance initiative (PFI) contract for the operation and maintenance of road network project in Birmingham, the UK. The new contract...
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