First credit risk sharing transaction based on new EU STS standard
L+R Hotels, a London-based Hotel investor and operator, and Dutch pension fund manager PGGM have backed a European value-add hotel venture launched by LRO Hospitality. The new hotel asset management company LRO Hospitality is set up by L+R Hotels and John Ozinga, former CEO of Accor Invest.
Alecta and PGGM are pleased to announce they entered into an inaugural credit risk sharing transaction with BBVA based on the bank’s project finance activities.
Alpha Trains, a leasing company for passenger trains and locomotives in which both APG (for pension fund ABP) and PGGM (for, among others, Pensioenfonds Zorg en Welzijn) have an interest, has concluded a contract for the delivery of 31 battery electric trains.
Piet Klop has been appointed as head of the PGGM Responsible Investment team on 1 December 2021.
LPs and GPs representing more than $4 trillion in AUM call on peers to join commitment to a collaborative ESG data reporting system to drive meaningful progress and transparency
Helsinki, Fortum has agreed to sell its 50% holding in Stockholm Exergi Holding AB (the “Company” or “Stockholm Exergi”) to a group of long-term European institutional investors with a strong commitment to the infrastructure sector comprising APG, PGGM, Alecta, Keva and AXA IM Alts (together, the “Consortium”).
Together with European institutional investors, this makes a 50% shareholding