Stonepeak-backed euNetworks announces €2.1b equity recapitalization from roster of esteemed investors by Kali Persall | Aug 27, 2024 Stonepeak portfolio company euNetworks Group, a Western European bandwidth infrastructure company, has closed on a €2.1 billion ($2.3 billion) equity recapitalization. Key investors in the recap included a Stonepeak-managed vehicle anchored by Mercer and Aware Super, and direct investments came from the Investment Management Corporation of Ontario (IMCO) and APG Asset Management (APG).
Enfinity Global closes €500m landmark investment to fund 1.5GW of Italian solar assets by Kali Persall | Aug 27, 2024 Enfinity Global has announced the financial close of a €500 million ($559 million) financing that, combined with project finance, will fund the development and construction of 1.5 gigawatts of solar assets in Italy.
LAFPP eliminates commodities allocation, adds infrastructure by Kali Persall | Aug 26, 2024 The Los Angeles Fire and Police Pensions (LAFPP) has approved a restructuring that would eliminate the 2 percent target allocation to commodities and reallocate it to infrastructure.
Jaladhi Shukla becomes senior investment officer of Dallas Employees’ Retirement Fund by Kali Persall | Aug 26, 2024 Jaladhi Shukla has been promoted to senior investment officer at the Dallas Employees’ Retirement Fund, a defined benefit plan for the city of Dallas’s nonuniformed, permanent employees.
Norges Bank Investment Management commits €900m to Copenhagen Infrastructure V by Kali Persall | Aug 26, 2024 Norges Bank Investment Management has pledged to invest €900 million ($1 billion) into Copenhagen Infrastructure Partners’ (CIP) latest renewable-energy fund, Copenhagen Infrastructure V (CI V).
Actis-backed Levanta Renewables to acquire 9.5MWp solar portfolio by Kali Persall | Aug 26, 2024 Levanta Renewables, a Southeast Asia-focused renewable-energy developer backed by Actis, is acquiring a 9.5-megawatts-peak solar portfolio for its commercial and industrial business.
Enterprise Products Partners to buy Piñon Midstream for $950m in cash by Kali Persall | Aug 26, 2024 Enterprise Products Partners has agreed to acquire Piñon Midstream, a portfolio company of Black Bay Energy Capital, for $950 million in cash.
Spearmint Energy and Sungrow to deploy more than 1GWh of additional energy-storage capacity in Texas by Kali Persall | Aug 26, 2024 Spearmint Energy and Sungrow USA Corp. have agreed to deploy more than 1 gigawatt hours of additional capacity at Spearmint’s energy-storage projects in Texas through 2025.
CGF, CDPQ, Investissement Québec and BDC Capital slate $145 million for MKB Partners Fund III by Kali Persall | Aug 23, 2024 The Canada Growth Fund (CGF), CDPQ, Investissement Québec (IQ) and BDC Capital (BDC) are committing $145 million to MKB Partners Fund III.
CIP, SSE Thermal deliver Slough Multifuel energy-from-waste plant in the U.K. by Kali Persall | Aug 23, 2024 Copenhagen Infrastructure Partners and joint venture partner SSE Thermal have completed construction and commenced operation of the 60-megawatt electric Slough Multifuel energy-from-waste plant in the United Kingdom.