Pantheon launches new infrastructure fund
Pantheon Infrastructure PLC has announced its intention to launch an initial public offering (IPO) seeking to raise GBP300 million (US$408 million) via a placing, an offer for subscription, and an intermediaries offer of Ordinary Shares at an issue price of GBP1 (US$1.36) per Ordinary Share.
The fund will target risk-adjusted total returns comprising capital growth and a progressive dividend through making equity and equity-related investments in private infrastructure assets. The focus area is developed markets mainly in Europe and North America. The fund is targeting a NAV Total Return per Share of 8-10% per annum following the full investment of the net initial proceeds.
Country updates
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October 14, 2021
First phase of residential PPP project is completed in South Kilburn
Countryside, the developer of the residential project, has announced that the construction of the first phase, known as Peel, is completed. The housing redevelopment scheme in Kilburn, UK, includes a...
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October 13, 2021
Galliford Try acquired water business of NMCN
Galliford Try has acquired the Water business of nmcn including Lintott in the UK. The acquisition is worth GBP1 million (US$1.36 million). Nmcn Water delivers water and wastewater projects for clien...
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October 11, 2021
MTVH and Countryside form JV for Clapham Park PPP in UK
The Metropolitan Thames Valley Housing Association (MTVH) has selected Countryside as the preferred bidder with whom they will form a joint venture (JV) partnership to de...
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October 07, 2021
Infratil to acquire 40% stake in Kao Data
Infratil has announced a commitment to acquire a 40% stake in Kao Data. The transaction is valued at GBP130 million (US$177.16 million). Infratil will obtain a 40% stake alongside current ow...
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October 06, 2021
Funding secured for forth phase of Stockport Exchange transformation PPP
Muse Developments and Stockport Council have received consent from council planners to bring forward the fourth phase of the Stockport Exchange PPP project in the UK. Phase four of the master p...
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