The senior debt facility in the Wattle Point Windfarm has been successfully refinanced with Commonwealth Bank. Wattle Point now has outstanding debt of approximately $167 million. [toggle]Craig Whalen, the ICG Director who led the refinancing, said that the new debt facility was put in place in difficult credit markets. ‘Successfully refinancing a capital structures of […]

On 31 August 2011, EIT and DIT’s investments in NCIG Series A and B Hunter Infrastructure Preference Securities (‘SHIPS’) were converted into Hunter Infrastructure Perpetual Redeemable Securities (‘HIPRS’) as part of the overall funding for the third (Stage 2F) expansion of NCIG’s Coal Export Terminal. [toggle]The commercial terms of the HIPRS are in all essential […]

10 Dec 2010

Kwinana Power Station

In October 2010, Infrastructure Capital Group on behalf of EIT acquired a 30% interest in the Kwinana Power Station from ERM Power. The acquisition also included an option for EIT to acquire a further 20% of Kwinana, which was exercised in November, resulting in a 50/50 partnership with Sumitomo Corporation. Construction of the 320MW CCGT […]

In August 2010, Infrastructure Capital Group on behalf of Energy Infrastructure Trust (EIT) invested a further $100 million in A Class Hunter Infrastructure Preference Securities (SHIPS). This investment is part of the total financing package raised by Newcastle Coal Infrastructure Group’s (NCIG) to fund the Stage 2 expansion of its coal export terminal. [toggle]The Stage […]

In June 2010 ICG on behalf of Diversified Infrastructure Trust, together with EquipSuper and Local Super acquired 21.4% of Flinders Ports from two European based parties. [toggle] + In June 2010 Infrastructure Capital Group (ICG), on behalf of Diversified Infrastructure Trust (DIT), together with EquipSuper and Local Super (the Consortium), acquired 21.4% of Flinders Ports […]