Infrastructure investor says export projects have ‘increasing momentum’ as Europe seeks alternatives to Russian supply
A leading infrastructure investor is eyeing the liquefied natural gas sector after raising a new $15bn fund, capitalising on Europe’s search for energy supply alternatives to Russia.
I Squared Capital on Thursday announced the $15bn closing of its third flagship infrastructure fund. The fund exceeded an initial target by 25 per cent as institutional investors ploughed money into infrastructure assets in search of yield and investments protected from rising inflation, the buyout group said.
Private investment firms have been some of the largest financiers to LNG export projects. A consortium of Blackstone Group and Brookfield controls about 42 per cent of Cheniere Energy Partners, the publicly traded group that owns Sabine Pass, the first LNG export terminal to open in the mainland US.
Read more: FT
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