Global ETF assets reach record $5.78t by Andrea Zander | Oct 22, 2019 Global ETFs and ETPs gathered net inflows of $77.17 billion in September, bringing year-to-date net inflows to $350.25 billion which is on par with the $351.09 billion gathered at this time last year, reported ETFGI’s September 2019 Global ETFs and ETPs industry insights landscape report.
Renewable power generation to jump 50% in five years but still not enough by Andrea Zander | Oct 22, 2019 Power generation from renewable sources is set to jump 50 percent over the next five years, due to the increase in the number of solar panels on buildings, reported International Energy Agency (IEA).
Gresham House fund to buy U.K. battery storage project by Kali Persall | Oct 21, 2019 London-listed Gresham House Energy Storage Fund, managed by Gresham House Asset Management, has conditionally agreed to acquire a 49-megawatt batterystorage project on the Red Scar Business Park in Preston, England.
Dominion Energy to sell stake in Cove Point LNG business by Kali Persall | Oct 21, 2019 Dominion Energy has agreed to sell a 25 percent stake in its Cove Point LNG business to Brookfield Super-Core Infrastructure Partners, an infrastructure fund managed by Brookfield Asset Management, for a cash consideration of $2 billion.
European Union to invest €838m in Polish rail project by Kali Persall | Oct 21, 2019 The European Union (EU) is planning to funnel €838 million ($935 million) to a Polish rail project, Railway Gazette reported on Oct. 19.
Asia to dominate wind energy market by 2050, study finds by Kali Persall | Oct 21, 2019 Asia is on track to dominate the wind energy market in the coming decades, according to a new report by the International Renewable Energy Agency (IRENA).
Greenbacker buys solar assets, partners with Scenic Hill Solar by Released | Oct 21, 2019 Greenbacker Renewable Energy Co., through wholly-owned subsidiaries, has acquired the rights to 31.33 megawatts (MW) of solar projects and partnered on an additional 3.5MWs of solar in three separate transactions.
Report: Transportation infrastructure contributes $34b to U.S. economy by Kali Persall | Oct 21, 2019 A new report by the Rails-to-Trails Conservancy revealed that active transportation infrastructure contributes more than $34.1 billion to the U.S. economy annually.
China doubles infrastructure pipeline with new project approvals by Kali Persall | Oct 21, 2019 China has more than doubled its pipeline of large-scale infrastructure projects, according to the South China Morning Post, indicating a future boost in infrastructure spending in the coming years.
Newlight Capital invests $150m in Leyline Renewable Capital by Kali Persall | Oct 21, 2019 Newlight Capital has invested $150 million in Leyline Renewable Capital, a provider of development financing across renewable energy sectors.