The Pipeline: Stonepeak returns for Asia and mid-market, NBIM’s $1.5bn Brookfield pledge, infra giants in gas bonanza deal
AI Article Summary
Stonepeak has re-entered the Asian and mid-market investment scene with two new funds. Norway's sovereign wealth fund has committed $1.5 billion to a Brookfield-managed fund. Additionally, major infrastructure companies are engaging in a deal involving Sempra’s gas assets portfolio.
What This Means for Canadian Contractors
For Canadian builders, this means observing increased competition and potential partnerships in infrastructure projects abroad, particularly in Asia. It also signifies potential changes in funding routes and availability globally, affecting the speed at which large-scale projects can be initiated and completed. Projects involving major gas portfolios like Sempra's could set industry standards that Canadian contractors may want to incorporate into their practices.
