The single-asset CV was executed alongside the sale of a 50% stake in the Peruvian power generation company to CPP Investments.
The 15-asset vehicle, among the largest GP-led infrastructure deals to date, drew more than $7 billion of demand and included around $2.5 billion of new capital.
The Jefferies-advised deal extends the firm's ownership over a portfolio of properties from its 2015-vintage White Rock Fund II platform.
The vehicle involves a portfolio of Bakken oil and gas properties previously held in the manager's 2014-vintage Fund III.
The potential vehicle follows Antin's July agreement to sell ~30% of the asset to GLIL Infrastructure from its €3.6 billion Fund III.
An institutional LP is considering rolling approximately $300 million of existing exposure across two funds into the new vehicle, after participating in the manager's European CV earlier this year.
The Connecticut-based manager specializes in energy infrastructure investments, including renewable power generation, battery storage, and midstream and downstream assets.
The single-asset vehicle extends the infrastructure specialist's hold on a Peruvian private power generation company.
The single-asset vehicle increased the Spanish manager's stake in an energy transition platform.
The network spans thousands of kilometres across Saudi Arabia and generates tariff revenue under a 25-year lease agreement.
