New York City pension funds to drop fossil fuel companies as ‘green new deal’ forges ahead by Kali Persall | Jan 24, 2020 New York City Mayor Bill de Blasio and comptroller Scott Stringer, along with trustees of three of the city’s pension funds, are making strides in an unprecedented plan to divest New York City’s largest pension funds from fossil fuel companies.
European Investment Bank backs €517m Greek airport development by Kali Persall | Jan 24, 2020 The European Investment Bank (EIB) is loaning the Greek government €180 million ($199 million) for the construction of the New Heraklion International Airport in Greece.
Sparkle kicks off construction of first ‘green’ data center in Greece by Kali Persall | Jan 24, 2020 Sparkle, an international telecommunications provider, has broken ground on its fourth data center in Greece, the company’s first “green” facility of its kind in the country.
John Laing CEO steps down by Kali Persall | Jan 24, 2020 Olivier Brousse, CEO of John Laing Group, has announced plans to resign from the U.K. infrastructure company in order to take up a senior position at Veolia Group.
Brookfield Infrastructure ups bid for Ohio telecom company by Kali Persall | Jan 24, 2020 Cincinnati Bell, an Ohio telecommunications company, is in talks with a Brookfield Infrastructure fund to sell the shares of its common stock for $12 per share in cash.
Universities Superannuation Scheme unlocks private markets assets by Kali Persall | Jan 24, 2020 Universities Superannuation Scheme (USS), the largest pension fund in the United Kingdom, has expanded its £1 billion ($1.3 billion) defined contribution section to include private markets in its asset allocation, becoming one of the first U.K. pension schemes to do so.
NorthStar Midstream brings on senior VP of technical services by Released | Jan 24, 2020 NorthStar Midstream, a midstream services company owned by funds managed by Oaktree Capital Management, has named Jon “Jack” Hamel as senior vice president of technical services. Hamel will report directly to the Mac Hummel, CEO of NorthStar.
Omnes buys invests in Better Energy on behalf of fourth renewable fund by Kali Persall | Jan 24, 2020 Paris-based Omnes has paid €30 million ($33 million) for a minority stake in Danish solar photovoltaic provider Better Energy, marking the first investment of Omnes’s fourth-generation fund dedicated to renewable energy, Capenergie 4.
Dallas–Fort Worth International Airport pension fund seeks investment consultant by Kali Persall | Jan 23, 2020 The Dallas–Fort Worth International Airport Board Retirement Trust has issued a request for proposal (RFP), seeking consulting services for its defined benefit plan and defined contribution plan.
Bell Canada backs fiber rollout in Ontario city with C$400m commitment by Kali Persall | Jan 23, 2020 Bell Canada has agreed to invest C$400 million ($305 million) to expand broadband and internet access in urban and rural areas of Hamilton, Ontario, in what has been called the “largest digital infrastructure investment in the city’s history.”