LACERA undertakes search for deputy CIO by Kali Persall | Dec 13, 2022 The Los Angeles County Employees Retirement Association (LACERA) is seeking applications for the deputy CIO position.
CapitaLand India Trust to acquire Chennai site and develop its third data center in India by Released | Dec 13, 2022 CapitaLand India Trust Management Pte. Ltd., the trustee-manager of CapitaLand India Trust (CLINT), has acquired a 4.01-acre freehold site in Ambattur, Chennai, for S$14.1 million ($10.4 million) to develop its third data center in India.
Morrison & Co sells five infrastructure assets in New Zealand to Amber Infrastructure by Kali Persall | Dec 12, 2022 Morrison & Co has agreed to sell five New Zealand infrastructure assets from its Public Infrastructure Partners (PIP) portfolio to Amber Infrastructure Group for NZ$200 million ($128 million).
AXA IM Alts makes first PBSA by Released | Dec 12, 2022 AXA IM Alts has acquired Vita Student Lewisham Exchange, a 758-bed purpose built student accommodation (PBSA) scheme in Lewisham, Southeast London.
Indiana Public Retirement System reports negative return on defined benefit portfolio by Kali Persall | Dec 12, 2022 The Indiana Public Retirement System (INPRS) has reported a negative return of 4.95 percent return on its defined benefit (DB) portfolio for fiscal year-to-date 2023.
Stellantis, DTE Energy add 400MW of solar in Michigan by Kali Persall | Dec 12, 2022 Stellantis, a mobility provider and one of the world’s leading automakers, and DTE Energy, Michigan’s largest producer of and investor in renewable energy, have committed to adding 400 megawatts of new solar projects in Michigan.
EQT Future and consortium invest in SHL Medical by Kali Persall | Dec 12, 2022 EQT Future, EQT’s new impact-driven longer-hold investment strategy, and ATHOS have invested in SHL Medical alongside a consortium of other coinvestors.
Global cumulative stationary BESS capacity to exceed 2TWh by 2033 by Released | Dec 12, 2022 Battery demand for stationary energy storage is set to grow in line with an increasing number of renewable-energy resources being added to electricity grids globally, alongside pressure from governments and states to reach targets pertaining to renewable-energy generation and energy storage, according to a new report from IDTechEx titled Batteries for Stationary Energy Storage 2023–2033.
Growing student housing demand and construction costs lead universities to get creative by Andrea Zander | Dec 12, 2022 Quality student housing and other amenities have proven to be key considerations for attracting and retaining top students at colleges and universities, according to JLL.
Petya Nikolova promoted to deputy CIO, head of infra investments in New York City by Kali Persall | Dec 12, 2022 Petya Nikolova has stepped into the role of deputy CIO and head of infrastructure investments at the New York City Bureau of Asset Management.
Bernhard Capital Partners establishes national network for engineering and consulting firms by Kali Persall | Dec 12, 2022 Bernhard Capital Partners has established a dedicated Department of Energy (DOE) services platform through the recent acquisitions of Boston Government Services (BGS) and Sterling Engineering & Consulting Group (SE&C). Financial terms of the transactions were not disclosed.
Schroders top 10 predictions for 2023: Favors short-duration high-yield bonds, Hong Kong and mainland Chinese equities, clean energy by Released | Dec 12, 2022 Over the course of 2022, global asset returns are among the worst on record, and challenges have persisted, according to Schroders in its report of 10 predictions for 2023 across various asset classes, which highlights the importance of a dynamic asset allocation and diversification investment approach in the face of economic headwinds.
Border to Coast allocates more than $1b of capital to major infrastructure players by Kali Persall | Dec 9, 2022 Border to Coast Pensions Partnership has backed a series of funds managed by some of the world’s-largest infrastructure managers, including Brookfield, KKR, iCON Infrastructure, DigitalBridge and Blackstone.
RWE acquires East Celtic Wind Farm project off the Irish coast by Kali Persall | Dec 9, 2022 RWE has acquired Irish company Western Power Offshore Developments, which is in the early stages of developing the East Celtic Wind Farm project off the coast of Ireland. Financial terms were not disclosed.
GM and LG Energy Solution JV invests $275m to expand battery-cell manufacturing plant in Tennessee by Kali Persall | Dec 9, 2022 Ultium Cells, a joint venture of LG Energy Solution and General Motors, will expand its Spring Hill, Tenn., battery-cell manufacturing operations to increase its capacity from 35 gigawatt-hours to 50 gigawatt-hours.
