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First Sentier Investors Launches American Listed Infrastructure Fund


First Sentier Investors Launches American Listed Infrastructure Fund
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NEW YORK, Jan. 13, 2021 /PRNewswire/
 First Sentier Investors, a leading global asset manager, today announced the launch of a new mutual fund focused on U.S. listed infrastructure assets.
The First Sentier American Listed Infrastructure Fund (FLIAX) aims to invest exclusively in the public equity of companies that own and operate infrastructure assets in the United States. The fund is managed by a Sydney, Australia-based team that has a 13-year investment track record and invests US$7.7 billion in listed infrastructure assets on behalf of investors globally.  ....

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Wheelabrator Technologies Inc. Signs Definitive Agreement for Sale of Wheelabrator Technologies U.K. to First Sentier Investors


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PORTSMOUTH, N.H., Dec. 17, 2020 /PRNewswire/ Wheelabrator Technologies Inc. ( Wheelabrator Technologies ) announced today that it has entered into an agreement to sell WTI / EFW Holdings ( Wheelabrator U.K. ) to the European Diversified Infrastructure Fund III SCSp ( EDIF III ), an infrastructure fund managed by First Sentier Investors ( FSI ). The transaction is expected to complete in early 2021.
Wheelabrator U.K. is the largest pure play waste-to-energy business in the U.K. and is a developer, owner and operator of strategically located waste-to-energy facilities, with seven waste-to-energy facilities in operation and advanced development. Wheelabrator U.K. is an integral part of the U.K. s environmental infrastructure, diverting waste from landfills or export to continental Europe to provide residents and businesses with local, sustainable disposal of non-recyclable solid waste while creating renewable energy. ....

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Euskaltel gets three bids for stake in broadband network unit, Expansion says


By Reuters Staff
2 Min Read
MADRID (Reuters) - Spanish regional telecoms operator Euskaltel has received three bids from buyout funds for a stake in its broadband network unit, Expansion newspaper reported on Thursday, citing unnamed financial sources.
Australia’s First Sentier Investors, Paris-based Infravia Capital Partners and Canada’s Fiera Capital are bidding for a stake of up to 49% of Euskaltel potential spin-off, the newspaper reported.
Euskaltel, which would keep a majority stake in the unit, is seeking to sell the stake as part of a financing plan for the 364 million euros it needs to invest in the unit between 2021 and 2023, the newspaper said. ....

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