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  • Public equity investors lag behind private funds in owning renewable power assets and are missing an opportunity to get in early on Europe’s next big infrastructure asset class, according to Sébastien Clerc, chief executive of French independent power producer Voltalia.
  • CK Hutchison Holdings is paring down its stake in Hutchison China MediTech (Chi-Med) through a placement after the biopharmaceutical company put its planned Hong Kong IPO on the back burner.
  • Voltalia, the French renewable power producer, launched a €376m rights issue on Monday to finance an increase in capacity, and won a new investor — the European Bank for Reconstruction and Development. This is believed to be the first time the EBRD has bought a public equity in western Europe.
  • Voltalia, the French renewable power producer, has launched a €376m rights issue to finance increased capacity, and has won a new investor in the European Bank for Reconstruction and Development (EBRD).
  • Indian real estate developer Godrej Properties has added Rp21bn ($302m) to its coffers after pricing a share placement at the top of the range.
  • Tikehau Capital, the French alternative investment manager, plans to expand into new markets and assets after completing the largest equity capital raise in France of the year so far.