Infrastructure

Aviva Investors and UK Green Investment Bank will provide funds to build one of the UK's largest NHS energy centres.

Croydon Pension Fund is the latest local government pension scheme to add infrastructure to its investment portfolio.

The Department for Communities and Local Government has raised the limit for local government pension funds' investment in limited partnerships from 15% to 30%, paving the way for more exposure to infrastructure.

London Pensions Fund Authority chairman Edmund Truell has confirmed the capital's public sector schemes will be consolidated into a single fund which will invest heavily in local infrastructure.

The London Pensions Fund Authority has joined the list of founding investors in the Pensions Infrastructure Platform.

The £11.5bn Strathclyde pension fund is set to hire an in-house asset manager in a bid to "sharpen" its local investment portfolio.

Institutional investors continue to diversify portfolios, tripling the number of global infrastructure mandates awarded over 2012, according to figures from Towers Watson.

USS continues to move into infrastructure debt to match its liabilities, with its second deal in less than six months to provide long-term inflation-linked financing to a water company.

Institutional investors should "actively seek" to invest in the construction risk of infrastructure projects, according to a leading risk institute.

BNP Paribas Clean Energy Partners is to spin-off from the group and become Glennmont Partners.