Blackstone sets to close US$12bn infrastructure fund
Blackstone Group is set to close more than US$12 billion commitment for its debut infrastructure fund, Blackstone Infrastructure Partners Fund.
The Fund has attracted several investments from the Kingdom of Saudi Arabia. It is expected that the fund will reach US$40 billion over the long term. Half of that total would come from the Public Investment Fund of Saudi Arabia (PIF).
Once closed, the fund will be unavailable to new investors until a certain amount of money is deployed, at which time it will be reopened.
Country updates
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June 28, 2019
Windar wins contract to supply monopiles for 800 MW Vineyard offshore wind project in US
Windar Renovables has won a contract to manufacture and deliver 84 monopile foundations for the 800 MW Vineyard Wind offshore wind farm in Massachusetts, US. The contract covers the manufacture, cert...
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June 28, 2019
Venture Global LNG, Stonepeak announce US$1.3 billon investment for Calcasieu Pass LNG export facility
Venture Global LNG, Inc. and Stonepeak Infrastructure Partners have jointly announced that they have executed definitive agreements under which Stonepeak will exclusively provide a US$1.3 billion equi...
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June 27, 2019
Pegasus Group, PMP to develop the 340 MW solar project in Arizona
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June 27, 2019
Attis Industries completes acquisition of Ethanol project in US from Sunoco
Attis Industries Inc. has announced that it completed the acquisition of the corn ethanol plant and grain malting operation in Fulton, New York from Sunoco LP. Attis acquired the 100 million gallon p...
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June 27, 2019
Longroad Energy Partners, Facebook complete financing for 379 MWdc Prospero solar project in US
Longroad Energy has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately US$416 million. When...
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