Talk:Antin Infrastructure Partners
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This article was nominated for deletion on 30 December 2019. The result of the discussion was keep. |
This page was proposed for deletion by Piotrus (talk · contribs) on 26 October 2019 with the comment: Fails WP:NCORP/WP:GNG. Coverage limited to press-releases or their rewrites about routine 'company seeks funds/gets funds/etc.' It was contested by Pegnawl (talk · contribs) on 2019-10-28 with the comment: More should be added, but there's plenty of SigCov to satisfy NCORP. If you still have concerns let's take it to AfD |
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Paid editing disclosure
editHereby, I am disclosing that I have been paid by Antin Infrastructure Partners to edit this article. Cosmo2023 (talk) 10:16, 17 March 2023 (UTC)
Edit request 20 March 2023
editThis edit request by an editor with a conflict of interest has now been answered. |
Hello Edwardx, thank you for your feedback. I would like to improve the article and have its core information updated. You can find my proposal for the edit request in this link: [1]. I understand that this is a lot of text, so let me summarise it to give you a better overview:
Lead section and infobox: I updated the offices, and added the AuM figures for December 2022. In the infobox, I added the ISIN.
History section: I left most of the content that was already present and updated the information that was outdated. I moved the part that discusses the IPO from the investments section into the history section because it fits much better. The part that describes the sponsoring of the university has a sentence added that briefly mentions the work with Bocconi University.
I believe that these two sections are uncontroversial. Regarding the Investments section, I indeed made a big update that I understand might need a closer look. Please feel free to take your time to inspect my version of the article.
In the current version, the investments section mixes up investments and fundraising, and in addition to that, it is quite incomplete, and has a somewhat arbitrary selection of content. It is not indicative of what Antin has been doing. Thus, I decided to split the Investments section into two: A Fundraising section, and a new Investments section. The fundraising section includes information on all five funds that Antin has had, without going too much into unnecessary detail. The investments section now has four subsections that reflect the four investment sectors of Antin. I have chosen this structure because there is a lot to cover regarding Antin's investments, and putting all of that into a single section would not be suitable for this article.
To accomodate the new Fundraising and Investments sections, I also included a Management section and an Investment sectors and strategies section which both only include very basics lists to give a brief overview. Sadly, the Controversies section comprised a copyright violation (the text was just copied from another source), so I have fixed that, including the very poor referencing, which was not in accordance with Wikipedia:Citing sources. It goes without saying, but of course I have cited reliable secondary sources for all statements that I have made.
I would really appreciate if my version could be accepted. Feel free to make changes/addtions or let me know how I can improve the article in case there's still something that you think needs to be addressed. Regards, Cosmo2023 (talk) 13:17, 20 March 2023 (UTC)
- Why was "Key People" unset from the infobox? Why was "firm" linked? Why was "Luxembourg" removed? Why was "firm" changed to "company" and "%" changed to percent? I do not see "seven" in the French source you provided. The "Investment sectors and strategies" section has no purpose, and there's no reason for management to be its own section. Aaron Liu (talk) 11:43, 22 May 2023 (UTC)
- Hello Aaron Liu, thank you for your response! I would like to answer your questions:
- The key people were removed from the infobox because the infobox doesn't allow providing "correct" information on the key people briefly, without bloating the infobox. Therefore, I had decided to move the key people out of the infobox into the "Management" section.
- I also linked the "firm" in the first sentence because "private equity firm" is a compound word. If you feel this doesn't fit, you may revert it.
- Luxembourg was removed because Antin closed its Luxembourg office.
- The "firm" was changed to "company" for style reasons; feel free to revert it.
- % was changed to "per cent" for style reasons; it is allowed per MOS:%; feel free to revert it.
- Regarding the third sentence in the "History" section: I suppose I made a mistake; I propose amending it as follows:
It is led by former banker Alain Rauscher and by Mark Crosbie.<ref name="Capital.fr 2021">{{cite web | title=Le fonds d'investissement Antin veut lever 350 millions pour son entrée en Bourse | website=Capital.fr | date=2021-09-15 | url=https://www.capital.fr/entreprises-marches/le-fonds-dinvestissement-antin-veut-lever-350-millions-pour-son-entree-en-bourse-1414346 | language=fr | access-date=2023-02-22}}</ref> The company owned one third of all rolling stock in the UK in 2014.<ref name="Financial Times">{{cite web | title=Antin raises €2bn fund to buy European infrastructure | website=Financial Times | url=https://www.ft.com/content/770b84f6-efdc-11e3-bee7-00144feabdc0 | access-date=2023-02-22|first=Anne-Sylvaine|last=Chassany|date=2014-06-09}}</ref> By late 2022, Antin had more than 190 partners and employees.<ref name="Wallstreet Online November 2022">{{cite web | author=Wallstreet Online | title=Strong Growth In 3Q 2022 | website=wallstreet-online.de | date=2022-11-04 | url=https://www.wallstreet-online.de/nachricht/16154062-antin-infrastructure-partners-strong-growth-3q-2022 | language=de | access-date=2023-02-24}}</ref>
- The "Investment sectors and strategies" section provides information on Antin's investment sectors and investment strategies; I think this is helpful information, but if you think it's best omitted, feel free to leave it out.
- As I wrote above, I removed the key people from the infobox to place them in their own in-body section; if you think it's best to put that information into the infobox that could be done instead.
- I hope this helps you! If there's anything else you might need, please let me know. Regards, --Cosmo2023 (talk) 14:58, 24 May 2023 (UTC)
- Where does it say the infobox can’t provide the information? Why are the posts beside CEO, deputy CEO and COO important?
Per MOS:OL firm is a well-known word and shouldn’t be linked. A private equity firm is just a firm that does private equity.
According to [2], Luxembourg is still open.
I’m not sure why most of that sentence (four funds in something sectors) was removed. It’s still valid and reliably sourced.
Investment sector is best put in prose in the lead or the third sentence. Investment strategies is just a bunch of buzzwords that have dubious relevance. Aaron Liu (talk) 16:25, 24 May 2023 (UTC)
- Where does it say the infobox can’t provide the information? Why are the posts beside CEO, deputy CEO and COO important?
- Hello Aaron Liu, thank you for your response! I would like to answer your questions:
Hello Aaron Liu, thank you for your helpful questions. I have made amendments to my original proposal (see below). Do you think that this can be implemented? Regards, --Cosmo2023 (talk) 10:21, 25 May 2023 (UTC)
- Done With a few changes Aaron Liu (talk) 11:33, 25 May 2023 (UTC)
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Antin Infrastructure Partners is a private equity firm with offices in Paris, London, and New York,[3] as well as Luxembourg and Singapore. It has EUR 30.6 billion in assets under management as of December 2022.[4] Antin invests across the Energy & Environment, Digital technology, Transportation, and Social infrastructure investment sectors,[5] and uses three investment strategies.[6] History
Antin was founded in Paris in 2007.[7][8] Initially sponsored by BNP Paribas, the company bought out the bank's 40 per cent stake in 2012. Led by former banker Alain Rauscher, Antin manages four funds for infrastructure investment in Europe and North America, each with a focus on Energy & Environment, Digital technology, Transportation, and Social infrastructure sectors.[5] The company owned one third of all rolling stock in the UK in 2014.[9] By late 2022, Antin had more than 190 partners and employees.[5] In 2021, Antin became a publicly-traded company after listing in an IPO on Euronext Paris. Antin's initial public offering on 24 September 2021 was the highest-volume Euronext IPO in 2021. At the close, the company was thus valued at EUR 5.1 billion,[10][11] whereas it was estimated at EUR 4 billion before the IPO.[12] Antin sponsors a research chair in private equity and infrastructure at HEC Paris, which in 2019 was held by Denis Gromb, who has been Professor at the Finance Department.[13] The firm also finances the chair of infrastructure finance at Italian Bocconi University. The chair is currently held by Stefano Gatti.[14] References
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Additional amendments
editHello Aaron Liu, thanks for the recent update. I would also like to propose changes to the "Investments" section. In its current state, it mixes up investments with fundraising, and on top of that, it is incomplemte, and inconsistent. For instance, there is no mentioning of the first fund or the second fund, and the description of the bought/sold companies is completely arbitrary.
Thus, I suggest replacing the current "Investments" section with a new fundraising, and a new investments section, and filling the sections with available information from reliable secondary sources. Please have a look at my proposal below. Regards, --Cosmo2023 (talk) 11:47, 30 May 2023 (UTC)
- Hello User:Edwardx, would you be so kind and have a look? I'd really appreciate it. Regards, --~~~~ Cosmo2023 (talk) 15:45, 20 June 2023 (UTC)
Extended content
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Fundraising
Antin Infrastructure Partner's first fund was initiated in early 2009 and had a EUR 1 billion target. It eventually closed in July 2010 with a final amount of EUR 1.08 billion. According to Private Equity International magazine, 35 investors invested into the fund, with French bank BNP Paribas committing a sum of EUR 300 million.[1] The second fund had a target of EUR 1.5 billion, and closed in summer of 2014 at its hard cap of EUR 2 billion.[2] Antin raised EUR 3.6 billion for its third fund in 2016.[3] In July 2018, Antin announced that it was seeking to raise EUR 5 billion for its fourth fund.[4][5] As of April 2019, over EUR 2.5 billion had been committed to the fund.[6] Eventually, Antin managed to raise EUR 6.5 billion for the fourth fund by July 2020.[7] Antin's fifth fund is targeting EUR 10 billion fundraise and a hard cap of EUR 12 billion.[8] By October 2022, Antin had raised over EUR 5 billion at the first close.[8] In February 2023, it was reported that the fund had reached EUR 7.4 billion.[9] Investments
Energy and environment
In 2010, Antin acquired a 35.6 per cent stake in Pisto. It was reported in 2016 that Antin had sold its interest in Pisto.[10] In August 2011, Antin invested in the Spanish Andasol 1 and 2 solar power plants. After a a 7 per cent tax on electricity production was imposed by the Spanish government in 2013, Antin sued the Spanish State. The Court of Arbitration of the World Bank acknowledged a compensation of EUR 112 million to Antin. Eventually, Antin sold off the Andasol 1 and 2 power plants in 2017.[11] In July 2014, the firm placed its first investment in Kellas Midstream. In late 2019, Kellas Midstream was reportedly sold to BlackRock and GIC.[12] Between 2014 and 2015, Antin acquired a 99 per cent stake in Central Area Transmission System, a natural gas transmission and processing system, from BG Group.[13] In 2018, Antin acquired Idex and Taranis.[14] In late 2019, Antin acquired the U.S. district energy assets of Veolia to establish Vicinity Energy.[15] In February 2023, Vicinity took over its first Michigan WTE facility with a contract worth an estimated USD 120 million iover a 10-year period.[16] In October 2020, Antin acquired Portugal-based water supply firm Indaqua for a sum of EUR 625 million. In November 2022, the Económico Journal reported that Antin sought a buyer for Indaqua.[17] In autmun of 2021, PV tech magazine reported that Antin Infrastructure Partners bought Guy Vanderhaegen's and Global Atlantic Financial Group's stakes in solar power company Origis Energy.[18] In August 2022, Antin bought a majority stake in the renewable energy platform Blue Elephant Energy.[8] Digital technology
In 2011, Antin bought Spanish tower business Axión. Axión was sold to AMP Capital in 2016.[19] AIP invested in UK telecoms company CityFibre in 2018.[20] In 2022, CityFibre secured GBP 4.9 billion in debt finance from banks and investors, among them Antin.[21] In late 2016, Antin sold French tower for mobile operator FPS Towers to American Tower Corporation and to the Dutch pension fund. Antin had acquired FPS Towers in 2012.[22] In July 2018, Antin bought US fibre network FirstLight for an undisclosed amount.[23] In August 2019, according to Bloomberg, Antin was said to be considering the sale of Dutch fibre network owner Eurofiber for around EUR 1.5 billion, after buying the company for EUR 875 million in 2015.[24] In 2021, it acquired Pulsant, a provider of datacenter services.[25] This was followed in December 2022 by the acquisition of a majority interest in OpticalTel, a fibre broadband provider in Florida.[26][27] In May 2022, Antin sold the Spanish fibre business Lyntia Networks to AXA and Swiss Life.[28] In March 2022 it was announced that Antin agreed to invest in Empire Access and North Penn Telephone, a fibre-network provider.[29] In August 2022, billboard business Wildstone was sold to Antin.[30] Transportation
Antin invested in the Croatian motorway project Bina Istra.[31] In September 2014, it was announced that Israeli conglomerate Delek Group was selling UK motorway services company Roadchef to Antin for GBP 153 million.[32] In 2016, Italian company GS Retail was bought by Antin, Icamp and Borletti for a reported sum of EUR 953 million.[33] In late 2018, Antin sold its 38.8 per cent stake in Antwerpen-based firm Euroports that it had acquired following the years of 2009.[34] Since 2018, Antin has bought 82 per cent of Norwegian shipping company Sølvtrans.[35] The German Federal Cartel Office approved, in 2021, Antin's purchase of 75 per cent of German rail rent firm ERR.[36] On 8 March 2022, Antin confirmed its investment into Lake State Railway.[37] Later that year, Antin invested EUR 150 million in Lisbon-based EV charging operator Power Dot,[38] and GBP 250 million in the British EV charging operator RAW Charging.[39] In February 2023 it was reported that Antin has bought a majority stake in US smart-grid and clean electrification company PearlX.[40][41] Social Infrastructure
Antin bought UK crematoria infrastructure and services firm Westerleigh Group from OTPP and USS in 2016.[42] In 2017, Antin buught 60 per cent of the capital of the French clinic group Almaviva Santé from Gimv and UI Gestion.[43] In the same year, Antin also bought UK boarding school operators Hesley Group, and Kisimal.[44] In late 2020, Antin was reported as acquiring Babilou, a French nursery operator,[45] and Hippocrates Holding, an Italian pharmacy network.[46] In October 2020, Antin sold the Inicea group, the third-largest French psychiatric clinic operator, to the Korian group.[47] In 2021, Antin sold medical diagnostic services company Amedes to a Canadian pension fund and Goldman Sachs.[48] According to a November 2022 report, Antin bought Italian a stake in funeral home operator Hofi.[49] References
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Hello Aaron Liu, could you do me a favour and take a look at this, too? Regards,
Reply 2-JUL-2023
edit- The request could not be reviewed because the companies mentioned in the proposed text are not Wikilinked (to help establish whether the claims are noteworthy).
- Please ensure that all claims involving companies contain WL's for those companies.
Regards Spintendo 07:33, 2 July 2023 (UTC)
Edit Request - 28 July 2023
editThis edit request by an editor with a conflict of interest has now been answered. |
Hello Spintendo, Could you please have a look at the extended content that I would like to add to the article? I would like to update the existing "Investments" section, and I would like to add a new "Fundraising" section because the existing "Investments" section is quite incomplete, and because it mixes up fundraising and investments. I have now also added Wikilinks for the companies as you have requested. Kind regards, --~~~~
Extended content
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Fundraising
Antin Infrastructure Partner's first fund was initiated in early 2009 and had a EUR 1 billion target. It eventually closed in July 2010 with a final amount of EUR 1.08 billion. According to Private Equity International magazine, 35 investors invested into the fund, with French bank BNP Paribas committing a sum of EUR 300 million.[1] The second fund had a target of EUR 1.5 billion, and closed in summer of 2014 at its hard cap of EUR 2 billion.[2] Antin raised EUR 3.6 billion for its third fund in 2016.[3] In July 2018, Antin announced that it was seeking to raise EUR 5 billion for its fourth fund.[4][5] As of April 2019, over EUR 2.5 billion had been committed to the fund.[6] Eventually, Antin managed to raise EUR 6.5 billion for the fourth fund by July 2020.[7] Antin's fifth fund is targeting EUR 10 billion fundraise and a hard cap of EUR 12 billion.[8] By October 2022, Antin had raised over EUR 5 billion at the first close.[8] In February 2023, it was reported that the fund had reached EUR 7.4 billion.[9] Investments
Energy and environment
In 2010, Antin acquired a 35.6 per cent stake in Pisto. It was reported in 2016 that Antin had sold its interest in Pisto.[10] In August 2011, Antin invested in the Spanish Andasol 1 and 2 solar power plants. After a a 7 per cent tax on electricity production was imposed by the Spanish government in 2013, Antin sued the Spanish State. The Court of Arbitration of the World Bank acknowledged a compensation of EUR 112 million to Antin. Eventually, Antin sold off the Andasol 1 and 2 power plants in 2017.[11] In July 2014, the firm placed its first investment in Kellas Midstream. In late 2019, Kellas Midstream was reportedly sold to BlackRock and GIC.[12] Between 2014 and 2015, Antin acquired a 99 per cent stake in Central Area Transmission System, a natural gas transmission and processing system, from BG Group.[13] In 2018, Antin acquired Idex and Taranis.[14] In late 2019, Antin acquired the U.S. district energy assets of Veolia to establish Vicinity Energy.[15] In February 2023, Vicinity took over its first Michigan WTE facility with a contract worth an estimated USD 120 million iover a 10-year period.[16] In October 2020, Antin acquired Portugal-based water supply firm Indaqua for a sum of EUR 625 million. In November 2022, the Económico Journal reported that Antin sought a buyer for Indaqua.[17] In autmun of 2021, PV tech magazine reported that Antin Infrastructure Partners bought Guy Vanderhaegen's and Global Atlantic Financial Group's stakes in solar power company Origis Energy.[18] In August 2022, Antin bought a majority stake in the renewable energy platform Blue Elephant Energy.[8] Digital technology
In 2011, Antin bought Spanish tower business Axión. Axión was sold to AMP Capital in 2016.[19] AIP invested in UK telecoms company CityFibre in 2018.[20] In 2022, CityFibre secured GBP 4.9 billion in debt finance from banks and investors, among them Antin.[21] In late 2016, Antin sold French tower for mobile operator FPS Towers to American Tower Corporation and to the Dutch pension fund. Antin had acquired FPS Towers in 2012.[22] In July 2018, Antin bought US fibre network FirstLight for an undisclosed amount.[23] In August 2019, according to Bloomberg, Antin was said to be considering the sale of Dutch fibre network owner Eurofiber for around EUR 1.5 billion, after buying the company for EUR 875 million in 2015.[24] In 2021, it acquired Pulsant, a provider of datacenter services.[25] This was followed in December 2022 by the acquisition of a majority interest in OpticalTel, a fibre broadband provider in Florida.[26][27] In May 2022, Antin sold the Spanish fibre business Lyntia Networks to AXA and Swiss Life.[28] In March 2022 it was announced that Antin agreed to invest in Empire Access and North Penn Telephone, a fibre-network provider.[29] In August 2022, billboard business Wildstone was sold to Antin.[30] Transportation
Antin invested in the Croatian motorway project Bina Istra.[31] In September 2014, it was announced that Israeli conglomerate Delek Group was selling UK motorway services company Roadchef to Antin for GBP 153 million.[32] In 2016, Italian company GS Retail was bought by Antin, Icamp and Borletti for a reported sum of EUR 953 million.[33] In late 2018, Antin sold its 38.8 per cent stake in Antwerpen-based firm Euroports that it had acquired following the years of 2009.[34] Since 2018, Antin has bought 82 per cent of Norwegian shipping company Sølvtrans .[35] The German Federal Cartel Office approved, in 2021, Antin's purchase of 75 per cent of German rail rent firm ERR.[36] On 8 March 2022, Antin confirmed its investment into Lake State Railway.[37] Later that year, Antin invested EUR 150 million in Lisbon-based EV charging operator Power Dot,[38] and GBP 250 million in the British EV charging operator RAW Charging.[39] In February 2023 it was reported that Antin has bought a majority stake in US smart-grid and clean electrification company PearlX.[40][41] Social Infrastructure
Antin bought UK crematoria infrastructure and services firm Westerleigh Group from OTPP and USS in 2016.[42] In 2017, Antin buught 60 per cent of the capital of the French clinic group Almaviva Santé from Gimv and UI Gestion.[43] In the same year, Antin also bought UK boarding school operators Hesley Group, and Kisimal.[44] In late 2020, Antin was reported as acquiring Babilou , a French nursery operator,[45] and Hippocrates Holding, an Italian pharmacy network.[46] In October 2020, Antin sold the Inicea group, the third-largest French psychiatric clinic operator, to the Korian group.[47] In 2021, Antin sold medical diagnostic services company Amedes to a Canadian pension fund and Goldman Sachs.[48] According to a November 2022 report, Antin bought Italian a stake in funeral home operator Hofi.[49] References
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Cosmo2023 (talk) 08:51, 28 July 2023 (UTC)
Reply 29-JUL-2023
edit- The claim(s) regarding the acquisition of certain companies could not be added because not all of the companies described are independently notable in the English language Wikipedia. Some of the Wikilinks provided are to French and German Wikipedia, who also have notability criteria--although that criteria may differ in many aspects from the English language version.
- To proceed with the request, kindly provide the WikiLinks for all mentioned companies.[a] When ready to proceed with the requested information, kindly change the
{{Edit COI}}
template's answer parameter to read from|ans=y
to|ans=n
. Please note that prior text entered in the Edit request proposal should not be retro-actively altered. Instead, a new reply post supplying the needed information should be posted below this review. The original{{Edit COI}}
template may then be altered, or a newer one may be applied to the responding post.
Regards, Spintendo 06:14, 29 July 2023 (UTC)
Notes
- ^ What the reviewer is asking for here is not due to WP:N (which is not a content requirement). In this instance, the request for notability is to ensure a neutral point of view. The purchase of one company by another company represents a point of view, in that it effectively ascribes to the companies the relative importance of their purchase according to the purchaser's point of view. If the purchased companies were independently notable, that would add weight to the purchasing company's view that their purchase was important enough to be mentioned in the article. Otherwise, adding to an article several points of view on the purchase of non-notable companies may upset an article's balancing aspects.[1] Thus, this reviewer's own practice is to limit the listing of acquisitions to those which are independently notable in Wikipedia.
References
- ^ "WP:BALASP". Wikipedia. 16 July 2023.
An article should not give undue weight to minor aspects of its subject. A description of isolated events or news reports related to a subject may be verifiable and impartial, but still disproportionate to their overall significance to the article topic.
Edit Request - 31 July 2023
editThis edit request by an editor with a conflict of interest was declined. Some or all of the changes weren't supported by neutral, independent, reliable sources. Consider re-submitting with content based on media, books and scholarly works. |
Since my last change to my own edit request was reverted even though I was asked to do it, I'm not going to modify one of my edit requests again, especially not if it overrides someone else's edit.
I have already provided Wikilinks to all company articles that exist, and additional Wikilinks cannot be added. A content requirement that mandates that, if a claim about a third party is to be added to an existing article, that third party has to be individually notable for inclusion within Wikipedia per Wikipedia:NCORP for that claim to addable to that existing article, does not exist on Wikipedia.
Wikipedia:BALASP mandates that "an article should not give undue weight to minor aspects of its subject", which, however, this article does in its current state. It mixes up investments and fundraising, and, for example, it includes only the third and fourth funds raised, but not the first, second, or fifth funds raised. My edit is an attempt at fixing the Wikipedia:BALASP issue currently present in the article.
The additions that I would like to make to the article are all well-referenced, and all POVs can be attributed to third parties, i.e., reliable secondary sources. Antin's point of view (the "purchaser's pint of view") is not relevant for any Wikipedia articles because Wikipedia is an encylopaedia based on reliable secondary sources, not on article subjects' POVs. If, however, third parties (reliable secondary sources) consider one or multiple aspects of a topic notable enough to cover them, then these sources can be cited to include said notable aspects of that topic.
I'm hereby proposing again the following edit to be made to the currently present investments section. I would like to have it replaced with a newly-written fundraising section, and a new investments section.
Extended content
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Fundraising
Antin Infrastructure Partner's first fund was initiated in early 2009 and had a EUR 1 billion target. It eventually closed in July 2010 with a final amount of EUR 1.08 billion. According to Private Equity International magazine, 35 investors invested into the fund, with French bank BNP Paribas committing a sum of EUR 300 million.[1] The second fund had a target of EUR 1.5 billion, and closed in summer of 2014 at its hard cap of EUR 2 billion.[2] Antin raised EUR 3.6 billion for its third fund in 2016.[3] In July 2018, Antin announced that it was seeking to raise EUR 5 billion for its fourth fund.[4][5] As of April 2019, over EUR 2.5 billion had been committed to the fund.[6] Eventually, Antin managed to raise EUR 6.5 billion for the fourth fund by July 2020.[7] Antin's fifth fund is targeting EUR 10 billion fundraise and a hard cap of EUR 12 billion.[8] By October 2022, Antin had raised over EUR 5 billion at the first close.[8] In February 2023, it was reported that the fund had reached EUR 7.4 billion.[9] Investments
Energy and environment
In 2010, Antin acquired a 35.6 per cent stake in Pisto. It was reported in 2016 that Antin had sold its interest in Pisto.[10] In August 2011, Antin invested in the Spanish Andasol 1 and 2 solar power plants. After a a 7 per cent tax on electricity production was imposed by the Spanish government in 2013, Antin sued the Spanish State. The Court of Arbitration of the World Bank acknowledged a compensation of EUR 112 million to Antin. Eventually, Antin sold off the Andasol 1 and 2 power plants in 2017.[11] In July 2014, the firm placed its first investment in Kellas Midstream. In late 2019, Kellas Midstream was reportedly sold to BlackRock and GIC.[12] Between 2014 and 2015, Antin acquired a 99 per cent stake in Central Area Transmission System, a natural gas transmission and processing system, from BG Group.[13] In 2018, Antin acquired Idex and Taranis.[14] In late 2019, Antin acquired the U.S. district energy assets of Veolia to establish Vicinity Energy.[15] In February 2023, Vicinity took over its first Michigan WTE facility with a contract worth an estimated USD 120 million iover a 10-year period.[16] In October 2020, Antin acquired Portugal-based water supply firm Indaqua for a sum of EUR 625 million. In November 2022, the Económico Journal reported that Antin sought a buyer for Indaqua.[17] In autmun of 2021, PV tech magazine reported that Antin Infrastructure Partners bought Guy Vanderhaegen's and Global Atlantic Financial Group's stakes in solar power company Origis Energy.[18] In August 2022, Antin bought a majority stake in the renewable energy platform Blue Elephant Energy.[8] Digital technology
In 2011, Antin bought Spanish tower business Axión. Axión was sold to AMP Capital in 2016.[19] AIP invested in UK telecoms company CityFibre in 2018.[20] In 2022, CityFibre secured GBP 4.9 billion in debt finance from banks and investors, among them Antin.[21] In late 2016, Antin sold French tower for mobile operator FPS Towers to American Tower Corporation and to the Dutch pension fund. Antin had acquired FPS Towers in 2012.[22] In July 2018, Antin bought US fibre network FirstLight for an undisclosed amount.[23] In August 2019, according to Bloomberg, Antin was said to be considering the sale of Dutch fibre network owner Eurofiber for around EUR 1.5 billion, after buying the company for EUR 875 million in 2015.[24] In 2021, it acquired Pulsant, a provider of datacenter services.[25] This was followed in December 2022 by the acquisition of a majority interest in OpticalTel, a fibre broadband provider in Florida.[26][27] In May 2022, Antin sold the Spanish fibre business Lyntia Networks to AXA and Swiss Life.[28] In March 2022 it was announced that Antin agreed to invest in Empire Access and North Penn Telephone, a fibre-network provider.[29] In August 2022, billboard business Wildstone was sold to Antin.[30] Transportation
Antin invested in the Croatian motorway project Bina Istra.[31] In September 2014, it was announced that Israeli conglomerate Delek Group was selling UK motorway services company Roadchef to Antin for GBP 153 million.[32] In 2016, Italian company GS Retail was bought by Antin, Icamp and Borletti for a reported sum of EUR 953 million.[33] In late 2018, Antin sold its 38.8 per cent stake in Antwerpen-based firm Euroports that it had acquired following the years of 2009.[34] Since 2018, Antin has bought 82 per cent of Norwegian shipping company Sølvtrans .[35] The German Federal Cartel Office approved, in 2021, Antin's purchase of 75 per cent of German rail rent firm ERR.[36] On 8 March 2022, Antin confirmed its investment into Lake State Railway.[37] Later that year, Antin invested EUR 150 million in Lisbon-based EV charging operator Power Dot,[38] and GBP 250 million in the British EV charging operator RAW Charging.[39] In February 2023 it was reported that Antin has bought a majority stake in US smart-grid and clean electrification company PearlX.[40][41] Social Infrastructure
Antin bought UK crematoria infrastructure and services firm Westerleigh Group from OTPP and USS in 2016.[42] In 2017, Antin buught 60 per cent of the capital of the French clinic group Almaviva Santé from Gimv and UI Gestion.[43] In the same year, Antin also bought UK boarding school operators Hesley Group, and Kisimal.[44] In late 2020, Antin was reported as acquiring Babilou , a French nursery operator,[45] and Hippocrates Holding, an Italian pharmacy network.[46] In October 2020, Antin sold the Inicea group, the third-largest French psychiatric clinic operator, to the Korian group.[47] In 2021, Antin sold medical diagnostic services company Amedes to a Canadian pension fund and Goldman Sachs.[48] According to a November 2022 report, Antin bought Italian a stake in funeral home operator Hofi.[49] References
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Cosmo2023 (talk) 13:43, 17 August 2023 (UTC)
- Not done: The changes are not supported by neutral, independent, reliable sources. Please provide reliable sources that support the change you want to be made. PEI, Pensions and Investments, Infrastructure Investor, Real Assets, Vicinity, Waste Dive, PV Tech, Capacity, Telecoms.com, SWFI, Media4Growth, SeeNews, MarketScreener, and JD Supra are industry-related sources which are not wholly independent of the subjects they report on. Regards, Spintendo 18:52, 17 August 2023 (UTC)
Edit Request – 23 August 2023
editThis edit request by an editor with a conflict of interest was declined. Some or all of the changes weren't supported by neutral, independent, reliable sources. Consider re-submitting with content based on media, books and scholarly works. |
The edit request has been revised and improved by replacing the references mentioned with higher quality references and rephrasing some passages. Passages cited with less good references, for which no higher quality references have been found, were removed.
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Fundraising
Antin Infrastructure Partner's first fund was initiated in early 2009 and had an €1 billion target. It eventually closed in July 2010 with a final amount of €1.08 billion. Multiple investors invested into the fund, with French bank BNP Paribas committing a sum of €300 million.[1] The second fund had a target of €1.5 billion, and closed in summer of 2014 at its hard cap of €2 billion.[2] Antin raised €3.6 billion for its third fund in 2016.[3] In July 2018, Antin announced that it was seeking to raise €5 billion for its fourth fund[4] and eventually reached €6.5 billion by July 2020.[5] Antin's fifth fund was targeting an €10 billion fundraise and a hard cap of €12 billion. By October 2022, Antin had raised over €5 billion at the first close.[6] By the end of 2022, it was reported that the fund had reached €7.4 billion.[7] Investments
Energy and environment
In 2010, Antin acquired a 35.6 per cent stake in Pisto. It was reported in 2016 that Antin had sold that stake.[8] In August 2011, Antin invested in the Spanish Andasol 1 and 2 solar power plants. After a 7 per cent tax on electricity production was imposed by the Spanish government in 2013, Antin sued the Spanish State. The Court of Arbitration of the World Bank acknowledged a compensation of €112 million to Antin. Eventually, Antin sold off the Andasol 1 and 2 power plants in 2017.[9] In July 2014, the firm placed its first investment in Kellas Midstream. In late 2019, Kellas Midstream was reportedly sold to BlackRock and GIC.[10] Between 2014 and 2015, Antin acquired a 99 per cent stake in Central Area Transmission System, a natural gas transmission and processing system, from BG Group.[11] In 2018, Antin acquired Idex and Taranis.[12] In late 2019, Antin acquired the U.S. district energy assets of Veolia to establish Vicinity Energy.[13][14] In October 2020, Antin acquired Portugal-based water supply firm Indaqua for a sum of €625 million. In November 2022, the Económico Journal reported that Antin sought a buyer for Indaqua.[15] In autumn of 2021, Antin Infrastructure Partners bought Guy Vanderhaegen's and Global Atlantic Financial Group's stakes in solar power company Origis Energy.[16] In August 2022, Antin bought a majority stake in the renewable energy platform Blue Elephant Energy.[17] Digital technology
In 2011, Antin bought Spanish tower business Axión.[18] Axión was sold to AMP Capital in 2016.[19] AIP invested in UK telecoms company CityFibre in 2018.[20] In 2022, CityFibre secured £4.9 billion in debt finance from banks and investors, among them Antin.[21] In late 2016, Antin sold French tower for mobile operator FPS Towers to American Tower Corporation and to the Dutch pension fund. Antin had acquired FPS Towers in 2012.[22] In July 2018, Antin bought US fibre network FirstLight for an undisclosed amount.[23] In August 2019, according to Bloomberg, Antin was said to be considering the sale of Dutch fibre network owner Eurofiber for around €1.5 billion, after buying the company for €875 million in 2015.[24] In 2021, it acquired Pulsant, a provider of data center services.[25] This was followed in December 2022 by the acquisition of a majority interest in OpticalTel, a fibre broadband provider in Florida.[26] In May 2022, Antin sold the Spanish fibre business Lyntia Networks to AXA and Swiss Life.[27] In March 2022 it was announced that Antin agreed to invest in Empire Access and North Penn Telephone, a fibre-network provider.[28] In August 2022, billboard business Wildstone was sold to Antin.[29] Transportation
Antin invested in the Croatian motorway project Bina Istra in 2010.[30] In September 2014, it was announced that Israeli conglomerate Delek Group was selling UK motorway services company Roadchef to Antin for £153 million.[31] In 2016, Italian company GS Retail was bought by Antin, Icamp and Borletti for a reported sum of €953 million.[32] In late 2018, Antin sold its 38.8 per cent stake in Antwerpen-based firm Euroports that it had acquired following the years of 2009.[33] Since 2018, Antin has bought 82 per cent of Norwegian shipping company Sølvtrans .[34] The German Federal Cartel Office approved, in 2021, Antin's purchase of 75 per cent of German rail rent firm ERR.[35] On 8 March 2022, Antin confirmed its investment into Lake State Railway.[36] Later that year, Antin invested €150 million in Lisbon-based EV charging operator Power Dot,[37] and £250 million in the British EV charging operator RAW Charging.[38] In February 2023 it was reported that Antin has bought a majority stake in US smart-grid and clean electrification company PearlX.[39] Social Infrastructure
Antin sold UK crematoria infrastructure and services firm Westerleigh Group to OTPP and USS in 2016.[40] In 2017, Antin bought 60 per cent of the capital of the French clinic group Almaviva Santé from Gimv and UI Gestion.[41] In the same year, Antin also bought UK boarding school operators Hesley Group, and Kisimal.[42] In late 2020, Antin was reported as acquiring Babilou , a French nursery operator,[43] and Hippocrates Holding, an Italian pharmacy network.[44] In October 2020, Antin sold the Inicea group, the third-largest French psychiatric clinic operator, to the Korian group.[45] In 2021, Antin sold medical diagnostic services company Amedes to a Canadian pension fund and Goldman Sachs.[46] According to a November 2022 report, Antin bought a stake in Italian funeral home operator Hofi.[47] References
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— Preceding unsigned comment added by Cosmo2023 (talk • contribs) 05:40, 30 August 2023 (UTC)
- I don't see an improvement in using secondary sources. A perusal of some the sources still offered in the edit request proposal above shows the following:
- Private Equity Wire (ref #30) - press release
- Railway Age (ref #36) - press release
- TechFundingNews (ref #37) - editorial
- mergr (ref #40) - press release
- Finanznachrichten.de (ref #39) - press release
- Antin (ref #45) - company sourced information
- Regards, Spintendo 20:38, 8 September 2023 (UTC)
Edit Request – 18 October 2023
editThis edit request by an editor with a conflict of interest was declined. The reviewer has asked that the COI editor make additional changes to the request before submitting it for review. |
Hello @User:Spintendo, I have revised my Edit Request, please find the new proposal below. I've tried to remove all sources that were not independent, and whenever this was not possible, I removed the contents. You can tell from the access date which citations I changed. Are there sources left that you deem unsuited? It would be helpful if you could provide additional input if required. Best, --~~~~
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Fundraising
Antin Infrastructure Partner's first fund was initiated in early 2009 and had an €1 billion target. It eventually closed in July 2010 with a final amount of €1.08 billion. Multiple investors invested into the fund, with French bank BNP Paribas committing a sum of €300 million.[1] The second fund had a target of €1.5 billion, and closed in summer of 2014 at its hard cap of €2 billion.[2] Antin raised €3.6 billion for its third fund in 2016.[3] In July 2018, Antin announced that it was seeking to raise €5 billion for its fourth fund[4] and eventually reached €6.5 billion by July 2020.[5] Antin's fifth fund was targeting an €10 billion fundraise and a hard cap of €12 billion. By October 2022, Antin had raised over €5 billion at the first close.[6] In April 2023, it was reported that the fund had reached €7.7 billion.[7] Investments
Energy and environment
In 2010, Antin acquired a 35.6 per cent stake in Pisto. It was reported in 2016 that Antin had sold that stake.[8] In August 2011, Antin invested in the Spanish Andasol 1 and 2 solar power plants. After a 7 per cent tax on electricity production was imposed by the Spanish government in 2013, Antin sued the Spanish State. The Court of Arbitration of the World Bank acknowledged a compensation of €112 million to Antin. Eventually, Antin sold off the Andasol 1 and 2 power plants in 2017.[9] In July 2014, the firm placed its first investment in Kellas Midstream. The Telegraph reported in May 2019 that Antin was "lining up [a] $1bn sale of [the] pipeline".[10] In November 2019, Kellas Midstream was reportedly sold to BlackRock and GIC.[11] Between 2014 and 2015, Antin acquired a 99 per cent stake in Central Area Transmission System, a natural gas transmission and processing system, from BG Group.[12] In 2018, Antin acquired Idex and Taranis.[13] In late 2019, Antin acquired the U.S. district energy assets of Veolia to establish Vicinity Energy.[14] In October 2020, Antin acquired Portugal-based water supply firm Indaqua for a sum of €625 million. In November 2022, the Económico Journal reported that Antin sought a buyer for Indaqua.[15] In autumn of 2021, Antin Infrastructure Partners bought Guy Vanderhaegen's and Global Atlantic Financial Group's stakes in solar power company Origis Energy.[16] In August 2022, Antin bought a majority stake in the renewable energy platform Blue Elephant Energy.[17] Digital technology
In 2011, Antin bought Spanish tower business Axión.[18] Axión was sold to AMP Capital in 2016.[19] AIP invested in UK telecoms company CityFibre in 2018.[20] In 2022, CityFibre secured £4.9 billion in debt finance from banks and investors, among them Antin.[21] In late 2016, Antin sold French tower for mobile operator FPS Towers to American Tower Corporation and to the Dutch pension fund. Antin had acquired FPS Towers in 2012.[22] In July 2018, Antin bought US fibre network FirstLight for an undisclosed amount.[23] In August 2019, according to Bloomberg, Antin was said to be considering the sale of Dutch fibre network owner Eurofiber for around €1.5 billion, after buying the company for €875 million in 2015.[24] In 2021, it acquired Pulsant, a provider of data center services.[25] This was followed in December 2022 by the acquisition of a majority interest in OpticalTel, a fibre broadband provider in Florida.[26] In May 2022, Antin sold the Spanish fibre business Lyntia Networks to AXA and Swiss Life.[27] In March 2022 it was announced that Antin agreed to invest in Empire Access and North Penn Telephone, a fibre-network provider.[28] Transportation
In September 2014, it was announced that Israeli conglomerate Delek Group was selling UK motorway services company Roadchef to Antin for £153 million;[29] Roadchef was sold to Macquarie Asset Management in March 2022.[30] In 2016, Italian company GS Retail was bought by Antin, Icamp and Borletti for a reported sum of €953 million.[31] In late 2018, Antin sold its 38.8 per cent stake in Antwerpen-based firm Euroports that it had acquired following the years of 2009.[32] Since 2018, Antin has bought 82 per cent of Norwegian shipping company Sølvtrans .[33] The German Federal Cartel Office approved, in 2021, Antin's purchase of 75 per cent of German rail rent firm ERR.[34] In 2022, Antin invested £250 million in the British EV charging operator RAW Charging. According to The Yorkshire Post, RAW Energy uses the capital to accelerate the construction of charging points for EVs.[35] Social Infrastructure
In 2017, Antin bought 60 per cent of the capital of the French clinic group Almaviva Santé from Gimv and UI Gestion.[36] In the same year, Antin also bought UK boarding school operators Hesley Group, and Kisimal.[37] In late 2020, Antin was reported as acquiring Babilou , a French nursery operator,[38] and Hippocrates Holding, an Italian pharmacy network.[39] In 2021, Antin sold medical diagnostic services company Amedes to a Canadian pension fund and Goldman Sachs.[40] According to a November 2022 report, Antin bought a stake in Italian funeral home operator Hofi.[41] References
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Cosmo2023 (talk) 09:36, 18 October 2023 (UTC)
Reply 20-OCT-2023
editThere are a lot of remaining issues with this request.
- Many of the provided sources are paywalled. In those circumstances, the text from the source should be provided under the
|quote=
parameter of whichever citation template is used. Are there sources left that you deem unsuited
There are residual sources left in the request which are reporting from press releases. Taking a couple of minutes to look at the request,[a] I found two:- the French language L'Agefi source, which states as much in the title
"Antin Infrastructure annonce 31 milliards d'euros d'actifs sous gestion à fin mars"
- The Deal.com
While the parties did not disclose terms, Antin said the deal comes from its €2.2 billion ($2.3 billion) mid cap fund, which writes equity checks between €50 million ($53 million) and €300 million ($315 million).
).
- the French language L'Agefi source, which states as much in the title
- To assist in identifying these, my suggestion would be that whenever a source states anywhere in the text "The company announced", "the company stated", "Antin said" or any such phrasing of that sort, this indicates that the information is not being spontaneously reported by a journalistic source — rather — the source is merely repeating what the company is saying about itself (known as "company-informed sources", because the source is informed of this news by company-issued press releases or statements). These should not be used in such abundance.
- I count a handful of mentioned companies which are still not Wikilinked
- Pisto
- Kellas Midstream
- Taranis
- Indaqua
- Blue Elephant Energy, etc.
Notes
- ^ There are likely many more to be found in the request. It takes about 30 seconds to peruse a source's text. At that rate, it would take just over 20 minutes to peruse all 41 sources, many of which are paywalled. As a time consideration, it may behoove the COI editor if those 20 minutes were spread over time, by submitting portions of the proposed text as individual, sequential edit requests, rather than submitting them en masse.
Regards, Spintendo 21:16, 20 October 2023 (UTC)
Edit Request – 2 November 2023
editThis edit request by an editor with a conflict of interest has now been answered. |
Hello @User:Spintendo, I have checked every individual source and specifically looked out for the kind of phrasing you mentioned, however as it is Antin's main business model to take over other companies and sell them again, it is to be expected that not every acquisition is specifically reported on, while the ongoings still contribute to a comprehensive portrayal of the company's activities. I see your point though, and have removed sources, that are too strongly relying on press releases based on the way the information is presented. I hope the remaining sources are acceptable, I have exchanged one or two for better suited ones. As requested, I also provided quotes from the sources with paywalls, however, often the information was already stated in the beginning of the article, as the rest of the article dives more into the context around the proceedings, which would not be suitable for Wikipedia.
The companies that don't have a Wikipedia page in any language were removed completely, even if there was press coverage for some of those acquisitions.
As the number of sources has been decreased to 20, I decided to give you the whole section again, rather than splitting it up as you suggested. You will see that the text is overall shorter and really focused on the kind of business activity that meets the requirements you explained to me throughout this process. In short:
- All sources that rely heavily on business reporting or press releases have been removed.
- All acquisitions of companies that don’t have their own Wikipedia page (in any language) have been removed, the remaining companies are all Wikilinked
- The sources with paywalls have been provided with a quote
- There is no information anymore that has been taken from primary sources in any way
I hope you are happy with my amendments, and can agree with the sources following my explanation above. I am trying very hard to follow all guidelines you explained to me and improve the article and I hope my edit proves this intention. Best, --Cosmo2023 (talk) 10:38, 2 November 2023 (UTC)
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Fundraising
Antin Infrastructure Partner's second fund had a target of €1.5 billion, and closed in 2014 at €2 billion.[1] The company raised €3.6 billion for its third fund in 2016,[2] followed by €6.5 billion in July 2020 for the fourth fund.[3] Antin's fifth fund was targeting an €10 billion fundraise and a hard cap of €12 billion. By October 2022, Antin had raised over €5 billion at the first close.[4] Investments
Energy and environment
In August 2011, Antin invested in the Spanish Andasol 1 and 2 solar power plants. After a 7 per cent tax on electricity production was imposed by the Spanish government in 2013, Antin sued the Spanish State. The Court of Arbitration of the World Bank acknowledged a compensation of €112 million to Antin. Eventually, Antin sold off the Andasol 1 and 2 power plants in 2017.[5] Between 2014 and 2015, Antin acquired a 99 per cent stake in Central Area Transmission System, a natural gas transmission and processing system, from BG Group.[6] In May 2018, Antin acquired Idex.[7] In late 2019, Antin acquired the U.S. district energy assets of Veolia to establish Vicinity Energy.[8] In autumn of 2021, Antin Infrastructure Partners bought Guy Vanderhaegen's and Global Atlantic Financial Group's stakes in solar power company Origis Energy.[9] Digital technology
Antin invested in UK telecoms company CityFibre in 2018.[10] In 2022, CityFibre secured £4.9 billion in debt finance from banks and investors, among them Antin.[11] In August 2019, according to Bloomberg, Antin was said to be considering the sale of Dutch fibre network owner Eurofiber for around €1.5 billion.[12] In 2021, it acquired Pulsant, a provider of data center services.[13] Transportation
In September 2014 Antin bought UK motorway services company Roadchef for £153 million;[14] the company was sold to Macquarie Asset Management in March 2022.[15] Since 2018, Antin has bought 82 per cent of Norwegian shipping company Sølvtrans .[16] Social Infrastructure
In 2015, Antin acquired Amedes , a German company active in the sector of laboratory and health services.[17] The company was sold in 2021 to a Canadian pension fund and Goldman Sachs.[18] In 2017, Antin bought 60 per cent of the capital of the French clinic group Almaviva Santé from Gimv and UI Gestion.[19] In late 2020, Antin acquired Babilou , a French nursery operator.[20] References
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Best, --Cosmo2023 (talk) 10:38, 2 November 2023 (UTC)
Reply 12-NOV-2023
editApproved
- I have implemented the text which I felt was neutrally worded and which did not speak to future events. This text has been incorporated into the article's already-established sections, in chronological order. Regards, Spintendo 00:37, 13 November 2023 (UTC)
Edit Request 23 November 2023
editThis edit request by an editor with a conflict of interest has now been answered. |
I would like to propse two changes. --Cosmo2023 (talk) 12:42, 23 November 2023 (UTC)
- Infobox
Antin has a new team of managers:
| key_people =
- Alain Rauscher (CEO)
- Mélanie Biessy (COO)
- Stéphane Ifker
- Angelika Schöchlin
- Kevin Genieser[1]
I know that the source is a press release, but I hope it's okay considering that "key people" is basic information?
- Controversies section
Currently, the controversies section includes text that was directly copied from the cited BBC News article, i.e., it's a copyvio. Furthermore, Hesely Group is not independently notable in the English language Wikipedia, and Hesley Group is not owned by Antin Infrastructure partners anymore. I'm not sure whether information regarding Hesley Group should be present in this article; @User:Spintendo, maybe you can provide some help or input?
If it's decided that the section is kept, then I would suggest the following wording:
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In 2018, Antin Infrastructure Partners acquired the Hesley Group, which was sold again in 2023.[2][3] Prior to the sale, the Hesley Group, which ran a children's home that has since been closed, had received public criticism for their treatment of the children in their care, as reported by BBC News.[4] |
References
- ^ "Antin announces leadership evolution". Yahoo Finance. 2023-11-08. Retrieved 2023-11-17.
- ^ Plimmer, Gill; Louch, Will (2023-08-17). "Scandal-hit children's care homes up for sale by private equity owner". Financial Times. Retrieved 2023-11-17.
- ^ "Scandal-hit care group Hesley sold to new private investor". Sky News. 2023-11-02. Retrieved 2023-11-17.
- ^ "Children punched and hit over the head in care homes rated 'good'". January 24, 2023 – via www.bbc.co.uk.
Cosmo2023 (talk) 12:42, 23 November 2023 (UTC)
- Partly done The
|key people=
included were the ones with titles given. The information regarding Hesley being put up for sale was added to the article. Regards, Spintendo 20:55, 27 November 2023 (UTC)