BrightNight receives $440m from Golman Sachs Alternatives by Released | Aug 1, 2024 BrightNight, a renewable power company designed to provide utility and commercial and industrial customers with clean, dispatchable renewable power solutions, has received a $440 million strategic investment from the infrastructure business at Goldman Sachs Alternatives.
Stonepeak forms JV with American Tower to construct new data center by Released | Aug 1, 2024 Stonepeak has executed definitive documentation with American Tower subsidiary CoreSite to form a new joint venture (CoreSite DevCo JV) to develop, construct and operate an 18-megawatt data center (DE3) in Denver, with CoreSite operating DE3.
NOVA Infrastructure sells Bold Ocean, completes second portfolio exit by Released | Aug 1, 2024 NOVA Infrastructure has announced the exit of Bold Holdco (Bold Ocean) to institutional investors advised by J.P. Morgan Global Alternatives’ Global Transportation Group.
Quinbrook closes Net Zero Power Fund with $3b of capital commitments by Kali Persall | Aug 1, 2024 Quinbrook Infrastructure Partners has completed a final closing for its Net Zero Power Fund (NZPF), raising a total of $3 billion of new capital commitments across the fund and co-investment vehicles.
Louisiana Firefighters yields 5.2% return for the fiscal year by Lewis Dayton | Aug 1, 2024 The Firefighters’ Retirement System of Louisiana generated a 5.2 percent return for the fiscal year that ended June 30, slightly underperforming its 5.6 percent benchmark.
CalSTRS generates an 8.4% return during fiscal year by Lewis Dayton | Aug 1, 2024 The California State Teachers’ Retirement System (CalSTRS) produced an 8.4 percent net return on its investments during the fiscal year that ended June 30, outperforming its 7.4 percent benchmark.
Gordie Howe International Bridge, the longest cable-stayed bridge in North America, achieves official deck connection by Kali Persall | Aug 1, 2024 The longest cable-stayed bridge in North America is one step closer to reaching completion. On July 24, Fluor Corp., which provides professional and technical solutions to deliver capital-efficient engineering, procurement and construction (EPC) projects to clients globally, announced the official deck connection of the Gordie Howe International Bridge, spanning the Detroit River.
Zenobē names Donald Weir as its new leader by Kali Persall | Aug 1, 2024 Zenobē, an international provider of end-to-end solutions in fleet electrification and battery-storage solutions, has appointed Donald Weir as its new CEO.
BDx Indonesia JV completes phase 1 of the country’s first renewable-powered AI data center park by Kali Persall | Jul 31, 2024 BDx Indonesia, a joint venture of BDx Data Centers, Indosat Ooredoo Hutchison (Indosat or IOH) and Lintasarta, has completed phase 1 of its cutting-edge AI campus, CGK4, in Jatiluhur, Indonesia.
CVC DIF to buy aviation GSE leasing company HiSERV by Kali Persall | Jul 31, 2024 CVC DIF, the infrastructure strategy fund of global private markets manager CVC that recently joined forces with DIF Capital Partners, has agreed to acquire HiSERV, the German market leader in aviation ground service equipment (GSE) leasing.