Palisade Launches New Wholesale Feeder Fund
Palisade Investment Partners (Palisade) has announced the launch of Palisade’s Feeder Infrastructure Trust (PFIT) Fund.
PFIT will allocate its investments to Palisade’s primary diversified infrastructure fund, PDIF. PDIF has delivered a net total return of 9.7% per annum to investors over the ten years ending on December 31, 2023, with a portion exceeding 5% attributed to yield. PDIF's portfolio presently encompasses more than 20 unlisted infrastructure assets situated in Australia and the US, which include notable holdings such as Sunshine Coast Airport, Gold Coast Light Rail, and Intera Renewables. Intera Renewables represents Palisade's in-house renewables platform, boasting a collective capacity of over 1 gigawatt from utility-scale wind and solar generation projects.
Country updates
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March 27, 2024
RFP Issued for Climate Innovation Hub Development at Brooklyn Army Terminal
NYCEDC, on behalf of the City of New York, has issued a Request for Proposal (RFP) to support the design and development of an up to 112,000-square-foot Climate Innovation Hub at the Brooklyn Army Ter...
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March 27, 2024
Global Infrastructure Partners Announced US$2.1 Billion Final Closing of Emerging Markets Fund I
Global Infrastructure Partners (GIP) has announced that GIP Emerging Markets Fund I (GIP EM) has completed fundraising for aggregate committed capital of more than US$2.1 billion. The Funds’ in...
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March 27, 2024
Detroit Council Approves US$3 Billion Henry Ford Health Hospital Expansion
The Detroit City Council has approved the US$3 billion Henry Ford Health hospital expansion project in Detroit City, Michigan, USA. The expansion project comprises five main elements: a new...
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March 25, 2024
Tutor Perini subsidiary won US$ 136 million Illinois road and bridge contract
Tutor Perini Corporation announced that its subsidiary, Lunda Construction Company, has been identified by the Illinois Department of Transportation as the apparent low bidder for a bridge replacement...
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March 19, 2024
Team selected to support development of US$1.5 billion Susquehanna River Rail Bridge Project
Amtrak has selected an AECOM-led team to support the development of the Susquehanna River Rail Bridge Project (SRB) in Maryland, USA. The project's goal is to enhance rail connectivity and...
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