Infrastructure Investments

Northleaf invests in long-term infrastructure assets in OECD countries that exhibit some or all of the following characteristics:

  • Oligopolistic/monopolistic structures that offer protection from competition due to high barriers to entry;
  • Consistent and relatively inelastic demand for the assets’ services;
  • Stable and predictable inflation-linked cash flows;
  • Low-risk and long economic lives; and
  • Stable and transparent regulatory frameworks.

Representative investments include:

Northwest Parkway

Northleaf owns an interest in Northwest Parkway, a nine mile toll highway that forms part of the beltway system extending around Denver, Colorado.
Invested: Mar 2017
Sector: Transportation
Location: United States
Investment Partner: DIF Infrastructure IV, HICL Infrastructure Company Limited

Cotton Plains Portfolio

Northleaf owns a majority interest in the Cotton Plains Portfolio, a diversified 217 MW portfolio of wind and solar assets located in the United States.
Invested: Jul 2016
Sector: Power
Location: United States
Investment Partner: Apex Clean Energy

Millennium Parking Garages

Northleaf has invested in Millennium Parking Garages, a long-term parking concession comprising 9,176 spaces across four underground garages, located in downtown Chicago, Illinois.
Invested: May 2016
Sector: Transportation
Location: United States
Investment Partner: AMP Capital

SH 288 Managed Lanes

Northleaf has invested in the SH 288 Managed Lanes project, a concession to design, build, finance, operate and maintain four tolled lanes along a 10.3 mile section of highway in Houston, Texas, running from the US 59 to the Harris County line.
Invested: May 2016
Sector: PPP
Location: United States
Investment Partner: ACS, InfraRed, Shikun & Binui, Clal Group, Star America

Navigator Terminals

Northleaf owns a stake in Navigator Terminals, a bulk liquid storage business with operations in the United Kingdom.
Invested: Mar 2016
Sector: Energy
Location: UK
Investment Partner: Macquarie, Greenergy, First State Investments

ExteNet Systems

Northleaf owns an indirect interest in ExteNet Systems, Inc., a provider of distributed network systems enabling outdoor and indoor cellular network densification and connectivity. ExteNet Systems designs, builds, owns and operates neutral-host distributed network systems for use by leading wireless carriers in key urban markets across the United States and Canada.
Invested: Nov 2015
Sector: Telecommunications
Location: United States
Investment Partner: Digital Bridge, Stonepeak, Delta-V and Goldman Sachs

ORPD Geothermal Portfolio

Northleaf owns a stake in the ORPD Geothermal Portfolio, a portfolio of geothermal and recovered energy assets located in the United States, with total contracted capacity of 128.5 MW.
Invested: Apr 2015
Sector: Power
Location: United States
Investment Partner: Ormat Technologies Inc.

South Branch Wind Farm

Northleaf has made an investment in South Branch Wind Farm, a 30 MW operating wind power facility located in Eastern Ontario, approximately 75 km south of Ottawa, spanning over 4,300 acres of agricultural land.
Invested: Dec 2014
Sector: Power
Location: Canada
Investment Partner: EDP Renewables

Maple PPP Portfolio

Northleaf owns an interest in the Maple PPP Portfolio, comprised of three operating public-private partnership assets in Canada.
Invested: Dec 2014
Sector: PPP
Location: Canada
Investment Partner: Various

ANZ Terminals

Northleaf owns a stake in ANZ Terminals, a bulk liquid storage business with operations in Australia and New Zealand.
Invested: Oct 2014
Sector: Energy
Location: Australia
Investment Partner: Various

US 36 Managed Lanes

Northleaf has invested in US 36 Managed Lanes, a concession to design, build, operate and maintain 23 miles of highway, including both the general purpose and managed lanes, connecting Denver and Boulder, Colorado.
Invested: Feb 2014
Sector: PPP
Location: United States
Investment Partner: Plenary Group

Scally Rooftop Solar Portfolio

Northleaf has invested in Scally Rooftop Solar Portfolio, a portfolio of operational rooftop solar assets in the United Kingdom.
Invested: Dec 2013
Sector: Power
Location: UK
Investment Partner: WHEB Infrastructure

Southern Water

Northleaf owns an interest in Southern Water, the seventh largest water and sewerage company in England and Wales by regulated capital value and turnover. Southern provides water services to more than 2.4 million people and wastewater services to 4.4 million people in the south east of England.
Invested: Sep 2013
Sector: Utilities
Location: UK
Investment Partner: A collection of pension funds and infrastructure funds

Sierra Yoyo Desan Road

Northleaf owns the Sierra Yoyo Desan Road, a 188 km road that starts in Fort Nelson, British Columbia and runs northeast providing all season access to the Horn River shale gas fields and the Cordova Embayment gas fields.
Invested: Aug 2013
Sector: PPP
Location: Canada

Waterloo Wind Farm

Northleaf has invested in Waterloo Wind Farm, an operational 111 MW facility, located in the mid-north region of South Australia, approximately 25 km southeast of Clare and 100 km north of Adelaide.
Invested: May 2013
Sector: Power
Location: Australia
Investment Partner: Palisade Investment Partners