Transactions Recurrent Energy and Axium Infrastructure complete storage deal in Canada Recurrent Energy, the wholly owned subsidiary of Canadian Solar, has sold a 80 percent stake…
Investors CalSTRS unveils net-zero emissions goals, names new COO The board of the $318.4 billion California State Teachers’ Retirement System has pledged to pursue…
Investors Bloomberg Philanthropies and PT SMI to advance Indonesia’s clean energy transition Bloomberg Philanthropies and PT Sarana Multi Infrastruktur (Persero), an Indonesian state-owned enterprise financing national projects…
From the Current Issue Global listed infrastructure: Essential news and notes by Fraser Hughes The GLIO Index of infrastructure companies was back on track in July, up 1.7 percent. Year-to-date the GLIO Index is up 8.2 percent. Electric (3.6 percent), Gas (1.8 percent) and Water (9.4 percent) utilities all finished the month well ahead. Communications infrastructure (2.7 percent), Renewables (2.5 percent) and Airports (2.3 percent) also finished July on positive ground. Transportation companies fell (–1.1 percent) on average, driven down by declines in railroads (–0.7 percent), toll-roads (–1.2 percent), passenger rail (–5.8 percent) and marine ports (–5.2 percent).
From the Current Issue Potential problem analysis: A non-quantitative approach to risk management by Geoffrey Dohrmann We’ve been on a mission here at Institutional Real Estate, Inc. to help build on and enhance the body of knowledge surrounding risk and risk management within the realm of real asset–related investing. Much of our work on this topic, led by our director of research, Dr. Randall Zisler, has focused on the search for, and greater understanding of, more useful data and analytics. But not all approaches to risk management need be quantitative.
Resource Center In Focus: Declan O’Brien on climate risk and the impact of carbon pricing on infrastructure assets
Transactions Suncor and eight indigenous communities to acquire pipeline stake from TC Energy Suncor has partnered with eight indigenous communities to acquire TC Energy’s 15 percent equity interest…
Research Report: U.S. utilities not adequately prepared for extreme weather events of the future As the risks of acute, extreme weather events arise, U.S. utilities will need to step…
Transactions East Point Energy sells 20MW energy storage project to Dominion Energy East Point Energy, a Virginia-based energy storage developer, has sold the Dry Bridge Energy Storage…
From the Current Issue Infrastructure 101: A guide to white papers and reports focused on infrastructure investing by Drew Campbell The major British cities outside London, with some exceptions, lack the large-scale, integrated public transport systems that are a feature of comparable cities on the continent, such as Lyon, Rotterdam, Cologne or Barcelona. Perhaps more surprisingly, there is also a growing gap with many mid-size U.S. cities, which have seen significant light-rail development over the past decade. By any measure, the rollout of tram and other mass-transit city region schemes in Britain has been disappointing over the past 20 years. Their absence is holding back growth and productivity.
From the Current Issue It will take 40 years to repair the number of structurally deficient U.S. bridges, analysis finds by Kali Persall It will take 40 years to repair the number of structurally deficient U.S. bridges, analysis finds More than 220,000 U.S. bridges need major repair work or should be replaced; however, at the current pace of rehabilitation, it would take four decades to repair the current backlog of structurally deficient bridges nationally, according to an analysis from the American Road & Transportation Builders Association (ARTBA).