Aboitiz Group’s Post

We represented Ashmore Renewable S.A.C., an Ashmore Group company, in connection with the credit facility provided by Sumitomo Mitsui Banking Corporation to finance the acquisition of Ergon Peru S.A.C. and its operating arm, TRE Peru S.A.C. The transaction includes two fully operational rural electrification concessions dedicated to install, operate, and maintain photovoltaic systems located in off-grid communities, schools, and healthcare facilities across underserved areas in Peru. The Ashmore Group is one of the world's leading investment managers dedicated to Emerging Markets. Partner Augusto Ruiloba led the transaction alongside partner Geoffrey Goldman, associates Derrick Vallejos and Andrew Meiser, and visiting attorney Ana Gabriela Martinez. Read more about the deal here: https://lnkd.in/ecCyf_9M #EnergyTransition #AOShearman

We represented Ashmore Renewable S.A.C., an Ashmore Group company, in connection with the credit facility provided by Sumitomo Mitsui Banking Corporation to finance the acquisition of Ergon Peru S.A.C. and its operating arm, TRE Peru S.A.C. The transaction includes two fully operational rural electrification concessions dedicated to install, operate, and maintain photovoltaic systems located in off-grid communities, schools, and healthcare facilities across underserved areas in Peru. The Ashmore Group is one of the world's leading investment managers dedicated to Emerging Markets. Partner Augusto Ruiloba led the transaction alongside partner Geoffrey Goldman, associates Derrick Vallejos A&O and Andrew Meiser, and visiting attorney Ana Gabriela Martínez Kruyff. Read more about the deal here: https://lnkd.in/eYsY7KUf #EnergyTransition #AOShearman

Revenue reached €1.7m in H1 2024, x4 compared with H1 2023 Consolidation of portfolio of clients and higher visibility on revenues, with several offtake contracts signed in France and Germany, including the recent signing of a 5-year offtake contract with Europe's leading network of service stations H2 Mobility Bouin site running now at full capacity with 100% success rate in deliveries Sites scale-up steadily ongoing, with the achievement of significant milestones, including the award of a grant of up to €149m from the French government for the 100 MW Green Horizon project near Le Havre in France Increased level of secured grants at c.€243m, x3 compared with H1 2023, to support the development and construction of the projects pipeline Solid cash position with €93m available as of June 2024 Lhyfe https://lnkd.in/eUEEhFFx

Strengthening our expertise in energy usage & energy optimization for our clients, together with the new colleagues from MRC! covering today Water-Energy- Waste & decarbonisation objectives! #Seureca in #decarbonisation.

🚨 Industry Update 🚨 Healthy amount of activity across the energy and infrastructure sectors. Here are some key highlights: 1️⃣ Hotel Property Investments rejects a massive A$718M bid from Hostplus and Charter Hall 🏢. 2️⃣ VINCI Highways partners with Global Infrastructure Partners (GIP) to acquire an Indian motorway concession 🛣️🌏. 3️⃣ Harrison Street & Brightview are expanding their US partnership with new acquisitions in senior housing 🏡🇺🇸. 4️⃣ Brookfield Asset Management adds 1.6M sqft of assets to its French logistics portfolio 🚚📦🇫🇷. 5️⃣ KGAL GmbH & Co. KG (KGAL)’s fifth European renewables fund expands with solar parks in Germany ☀️🔋🇩🇪. 6️⃣ A LGPS fund has bought a stake in a nature asset manager 🌱💼. #RenewableEnergy #Infrastructure #InvestmentNews #EnergyStorage #SolarPower #Logistics #SustainableFuture 🌍⚡

I Squared Capital, a private equity firm, agreed to acquire Philippine Coastal Storage & Pipeline Corporation, the largest independent import terminal in the Philippines, from private equity firms Keppel Infrastructure Trust (KIT) and Metro Pacific Investments Corporation, in a $460m deal. “Philippines Coastal is an essential infrastructure asset playing a critical role in supporting the growing energy needs of the Philippines. With urbanization and the growing consumption of the rising middle class in the Philippines, fuel demand continues to increase steadily. We see strategic opportunities to expand the asset’s capabilities to support this growing domestic demand and to diversify into the storage of bio-fuels and sustainable aviation fuel," Harsh Agrawal, I Squared Capital Senior Partner. Philippine Coastal Storage & Pipeline Corporation is led by Richard Tiansay and Tricianne Zingapan. I Squared Capital (led by Harsh Agrawal) is advised by Rippledot Capital, Latham & Watkins and Romulo Law Offices. Metro Pacific Investments Corporation (led by Manuel Pangilinan and June Cheryl Cabal-Revilla) is advised by UBS and Milbank LLP. Keppel Infrastructure Trust (KIT) was advised by Standard Chartered (led by Nikhil Joshi). #MergersAcquisitionsDivestitures #PrivateEquity #OilandGas

Don’t miss CarbiCrete’s #AsktheExpert panel today at 12:45! We’ll be discussing the importance of reducing #embodiedcarbon and how CarbiCrete-enabled products can help you meet #sustainability goals. We're grateful to be a part of #BuildingLastingChange. Together, we can help to fight #climatechange while meeting global #infrastructure needs! #cleantech #concrete

🤝 𝗪𝗲𝗲𝗸𝗹𝘆 𝗪𝗿𝗮𝗽 𝗼𝗳 𝗠&𝗔 𝗱𝗲𝗮𝗹𝘀 🤝 France's Saint-Gobain offered to buy CSR Limited in a deal that values the Australian company at $4.3b. Orica will acquire US chemical company Cyanco for $976m. Australian Unity Unity agreed to buy private home care business Myhomecare for $285m ANZ's $4.9b Suncorp Group bank acquisition got the green light from the Australian Competition Tribunal. Seven Group proposed to buy the remaining shares in construction materials company Boral for a total of $1.9b. APM Human Services rejected a $1.47b buyout offer from CVC Capital Partners. Alinta Energy agreed a deal to buy renewable energy company Tetris Energy. Aware Super's private equity team will pay $50m to co-invest in Galway Sustainable Capital, Inc alongside Macquarie Asset Management. Coates will lift its fleet by 650 machines after acquiring GTH Equipment. Get a full round-up of the day’s deals in your inbox each morning — sign up at letterofintent.com.au

Focusing on growth along the theme of sustainable infrastructure, KIT continued its portfolio expansion with the completion of the Ventura acquisition and first three phases of the German solar portfolio in 1H 2024, driving growth in assets under management (AUM) to $8.8 billion as at 30 June 2024. KIT delivered a steady set of results with higher underlying 1H 2024 Distributable Income (DI). 1H 2024 DI of $91.0 million was largely due to timing differences as well as one-offs. Factoring in these one-offs and timing differences, 1H 2024 DI after adjustments was $117.8 million, 2.1% higher year-on-year. 1H 2024 DI was underpinned by steady operational performance, the resumption of contributions from the Keppel Merlimau Cogen Plant (KMC) post capital restructuring as well as contributions from new acquisitions completed in 1H 2024, which contributed $26.9 million or 17.8% of Asset Distributable Income for 1H 2024. Accordingly, the Trustee-Manager declared Distribution per Unit (DPU) of 1.95 cents, an increase of 1% year-on-year.  The 1H 2024 DPU translates to an annualised distribution yield of 8.3%, based on KIT’s closing price of $0.470 as at 28 June 2024. Read more on https://lnkd.in/g7kaWfiA #KeppelInfrastructureTrust #KIT #infrastructure