First close achieved for Aberdeen Standard Investcorp Infrastructure Partners (ASIIP)
Aberdeen Standard Investcorp Infrastructure Partners (ASIIP) fund has reached its first closing after raising US$90 million in commitments from Asian Infrastructure Investment Bank (AIIB).
ASIIP has also received funds from Public Investment Fund (PIF) for up to 20% of the total fund size. Managed by Aberdeen Standard Investments and Investcorp Group, this joint venture fund will operate in Gulf Cooperation Council (GCC) and the wider Middle East and North Africa (MENA) region.
The aim is to deliver solutions in health care, education, water, mobility and digital infrastructure that will benefit local communities and future generations. The fund targets greenfield and brownfield social and core essential infrastructure assets in such sectors as healthcare, education, utilities, social housing, smart cities, roads, and rail.
Country updates
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September 28, 2021
CDC Group makes USD50.9 mn investment to digital infrastructure in Africa
CDC Group has announced two commitments totalling US$50.9 million with the aim to expand digital infrastructure, improve rural connectivity and boost access to digital technology across sub-Saharan Af...
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September 27, 2021
Final close achieved for Foresight energy fund
Foresight Group (Foresight) has held the final close of the Foresight Energy Infrastructure Partners (FEIP) fund with total commitments of EUR851.4 million (US$997.7 million), which is 70% over the EU...
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September 24, 2021
UK court approves sanction for acquisition of John Laing
The court of the United Kingdom has approved the scheme of arrangement enabling cash acquisition of John Laing by Bidco. Bidco is a newly formed company indirectly owned by funds and advis...
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September 24, 2021
Commercial partner selected for East-West Railway in UK
East-West Railway Company (EWR Co) has appointed Arcadis as a commercial partner to support its work driving long-term social and economic value for local communities between Oxfor...
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September 24, 2021
Tender launched for two biogas projects concession in UK
Yorkshire Water Services Limited is seeking to enter agreements for the sale of all biogas produced through its anaerobic digestion processes at its Knostrop wastewater treatment works, in Leeds and B...
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