In QuotedData’s other news 18 December 2019
- Sun Life Financial has bought a majority stake in Infrared Capital Partners, the investment adviser to HICL Infrastructure and The Renewables Infrastructure Group. This won’t have any impact on the day-to-day running of the funds.
- Infrastructure India has maxed out its $105m borrowing facility, borrowing another $30m to develop its logistics business.
- Starwood European says three loans repaid on schedule in December – €14.1m from a Dublin logistics asset; £45.9m secured against a regional hotel portfolio in the UK; and €2.2m lent against a residential asset in Dublin. The group remains substantially fully invested with approximately £3 million of net cash and commitments of approximately £75 million. New commitments in 2019 were £225 million, with repayments to date of approximately £196 million.
- NextEnergy Solar Fund has been awarded the London Stock Exchange’s new Green Economy Mark.
In addition, we have results from Ecofin Global Utilities and Infrastructure, another writedown at Hadrian’s Wall and yet another catalogue acquisition by Hipgnosis.