Sky to bring full-fiber broadband to CityFibre network through long-term partnership by Released | Aug 21, 2024 CityFibre has signed a long-term partnership with Sky, one of the biggest broadband providers in the United Kingdom. The new agreement will see Sky offering its broadband on CityFibre’s nationwide full-fiber network.
Apollo and Rettig complete acquisition of 95% stake in Purmo Group by Kali Persall | Aug 21, 2024 Apollo and Rettig have acquired a 94.53 percent equity ownership stake in Purmo Group, a company specializing in indoor climate solutions.
Swift Current Energy secures investment from Google for 800MW solar project by Released | Aug 20, 2024 Swift Current Energy has closed on a tax equity investment from Google for its landmark 800 megawatt defined conditions (593 megawatts of alternating current) Double Black Diamond Solar project in southern Illinois.
Data and risk remain key challenges to scaling generative AI, says Deloitte survey by Released | Aug 20, 2024 Survey respondents say that while their senior executives and board members are still intrigued by generative AI (GenAI), there are signs of enthusiasm beginning to wane as the "new technology" shine wears off.
USG Water Solutions opens new service center in California by Kali Persall | Aug 20, 2024 USG Water Solutions, an industry leader providing asset management and rehabilitation services to municipal and private water companies across the United States, has opened a new service center in Ontario, Calif.
Insurers plan to increase their private markets allocations in 2024, with private debt of particular interest by Kali Persall | Aug 20, 2024 Currently, almost three-quarters — or 73 percent — of insurers invest in private markets or plan to do so in 2024, according to the Mercer and Oliver Wyman 2024 Global Insurance Investment Survey.
Wind and solar overtake E.U. fossil fuels in the first half of 2024 by Released | Aug 20, 2024 The European Union’s electricity system has continued its rapid shift towards renewables, led by wind and solar. Reliance on fossil fuel generation reached an all-time low in the first half of 2024, even though electricity demand increased and power prices returned to pre-crisis levels, according to a recent report from Ember.
Labour Party launches $9.4b National Wealth Fund to mobilize private sector capital into U.K. infrastructure by Kali Persall | Aug 19, 2024 After months of groundwork, in July, Rachel Reeves, chancellor of the exchequer and a member of the Labour Party in the United Kingdom, announced the creation of a £7.3 billion ($9.4 billion) National Wealth Fund (NWF) to kickstart economic growth and attract private sector capital for big infrastructure projects across the United Kingdom.
Harrison Street expands strategic partnership with CPV through investment in renewables affiliate by Kali Persall | Aug 19, 2024 Harrison Street has executed an agreement to acquire one-third of CPV Renewable Power (CPV Renewables), a CPV Group affiliate. Through this investment, Harrison Street will support and accelerate CPV Renewables’ growing renewable-energy development business.
British International Investment, DP World back development of the Democratic Republic of the Congo’s first deepwater container port by Kali Persall | Aug 19, 2024 British International Investment has committed to invest up to $35 million alongside DP World into phase one of the Democratic Republic of the Congo’s first deepwater container port.