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Deutsche Asset Management mulls renewables sale


By Alexandra Dockreay, 15/08/2016

IJGlobal can exclusively reveal that Deutsche Asset Management has appointed an adviser to approach the market for a potential sale of a renewables investment.

Deutsche AM is likely in September to test the market for its stake in the recently refinanced Andasol 1 and 2 thermal solar plants in Spain.

Deutsche AM’s Pan-European Infrastructure Fund 1 (formerly known as RREEF Infrastructure fund) owns 45%, while French fund manager Antin Infrastructure Partners holds 45% and Spanish construction firm ACS Group has 10%. Deutsche AM and Antin invested in Andasol during 2011.....

To read the rest of the article free of charge on the IJGlobal website, please click here

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This content is provided by Euromoney Seminars for informational purposes only, and it reflects the market and industry conditions and presenter’s opinions and affiliations available at the time of the presentation.