Today
David Di Pilla swoops on $2b data centre group Global Switch Australia
The assets, two big developments in inner Sydney, will anchor a $1 billion real estate play that the veteran dealmaker intends to list later this year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
‘Not just going to happen’: Telstra boss warns on AI boom
Vicki Brady says Australia could miss out on a vital boost to productivity from artificial intelligence if it fails to build the core infrastructure required.
- James Thomson
September
Airport valuations take flight as Queensland, Perth airport sales sign
Perth Airport’s holding value was 18-times earnings, while UTA sold at 20-times to – depending on who you ask – 22-times.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Victorian taxpayers to be slugged another $1b for Metro Tunnel
The cost of the Melbourne Metro Tunnel has blown out again, this time to $13.48 billion, with the state government blaming unprecedented cost overruns.
- Gus McCubbing
Santos cleared of coercion over Narrabri land access
The result of an inquiry into an Environmental Defenders Office complaint comes as NSW extended a Santos “authority to survey” for a pipeline for Narrabri gas.
- Angela Macdonald-Smith
- Exclusive
- Carbon challenge
Shell says ‘dysfunctional’ rules putting energy transition at risk
The London-listed group’s local chairwoman, Cecile Wake, says high hurdles for its gas projects are now emerging in its big renewable generation portfolio.
- Angela Macdonald-Smith
Minister claims ‘not appropriate’ to hand over rail loop documents
Danny Pearson says it wouldn’t have been right to give SRL documents to the federal government during an audit.
- Gus McCubbing
- Opinion
- Opinion
Why investing in infrastructure could help smooth the bumps
Understanding the key structural trends shaping the next decade will help identify the best opportunities in private infrastructure.
- Andrew McAuley
Solar farm output wastage tops 99pc in South Australia
Almost all the output from SA solar farms was cut off at one point last Sunday as owners sought to avoid losses as a flood of renewables sent prices plunging.
- Angela Macdonald-Smith
US bond insurance issuer lands in Australia, targets infrastructure
New York’s BAM Mutual has its eyes fixed on this country’s growing pipeline of energy transition and social need projects.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Four reasons why Monday’s biggest deal flew out the door
After a years-long exodus of infrastructure plays on the ASX – from transmission line operators to wind farm owners – it’s slim pickings for local investors.
- Updated
- Anthony Macdonald
Electrical Trades Union win risks more delays for projects worth $25b
It has successfully overturned a two-month suspension of Transgrid workers’ protected industrial action.
- David Marin-Guzman and Campbell Kwan
QIC locks horns with David Di Pilla at $400m data centre biz iseek
Make no mistake, iseek is about 60 times smaller than AirTrunk but it’s still a way to play the artificial intelligence theme.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Sun Cable undaunted as Indonesia cuts in on Singapore exports
Singapore has granted conditional approvals for several Indonesian clean electricity export ventures, but also increased its target for imports.
- Angela Macdonald-Smith
- Exclusive
- Federal budget
King flags road and rail blowouts amid ‘severe’ budget constraints
Despite parochial outrage about road and rail funding, WA and NSW have signed up to Labor’s funding deal, though the Infrastructure Minister has flagged more cost blowouts are coming.
- Ronald Mizen
- Opinion
- Chanticleer
Vodafone gets a start in the bush, now to make it work
Vodafone’s never been able to justify going to the bush. It needs at least 100,000 more customers to make its new deal work.
- Anthony Macdonald
Social housing offers 8-12pc infrastructure-like returns
As Australia grapples with how to channel institutional money into new housing, the $10b HAFF fund offers a way to invest that Australia hasn’t had before.
- Michael Bleby
GIP dealmakers march ahead with Jemena acquisition
Jemena is the largest gas distributor in NSW, with about $11 billion in assets.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
How AirTrunk helped make the careers of these bankers
The $24 billion sale of the data centre business was making waves long before this week.
- Anthony Macdonald
Pemba Capital makes a splash with Sequana
The mid-market private equity shop has taken a majority stake in water advisory business Sequana, marking the firm’s fourth investment this calendar year
- Sarah Thompson, Kanika Sood and Emma Rapaport