Allianz GI secures €550m for second infrastructure equity fund by Kali Persall | May 16, 2022 Allianz Global Investors has secured €550 million ($572 million) in a first closing of its second infrastructure equity fund, Allianz Global Diversified Infrastructure Equity Fund II, according to Citywire Selector.
Greencoat UK Wind takes stake in world’s largest offshore wind farm by Kali Persall | May 16, 2022 Greencoat UK Wind has agreed to pay £400 million ($490 million) to Global Infrastructure Partners for a 12.5-percent stake in the 1.2-gigawatt offshore Hornsea One wind farm.
Aquila eyes Spanish solar park by Kali Persall | May 16, 2022 Aquila European Renewables Income Fund (AERIF) has plans to acquire a 30-megawatt solar PV park in Spain for an undisclosed amount, according to news reports.
BBGI Global Infrastructure to acquire 49% stake in German motorway by Kali Persall | May 16, 2022 BBGI Global Infrastructure has agreed to acquire a 49-percent equity interest in Via Solutions Nord GmbH & Co. KG, a limited partnership incorporated in Germany, from entities owned by Hochtief Solutions.
IIF releases global macro report on rising global recession risk by Andrea Zander | May 16, 2022 Institute of International Finance (IIF) cut Euro zone growth in 2022 from 3 to 1 percent almost two months ago in its recent report, Global Macro Views – Rising Global Recession Risk.
MainePERS slates $100m for KKR Diversified Core Infrastructure Fund by Kali Persall | May 16, 2022 The Maine Public Employees Retirement System (PERS) has committed $100 million to the KKR Diversified Core Infrastructure Fund (DCIF), an open-end core infrastructure fund sponsored by KKR.
Phillips 66 to convert California refinery into renewable-fuels facility by Andrea Zander | May 16, 2022 Phillips 66 has made a final investment decision to move forward with Rodeo Renewed, the project to convert its San Francisco Refinery in Rodeo, Calif., into one of the world’s largest renewable-fuels facilities.
Digital Realty contracts 158MW of solar power in California, Georgia by Kali Persall | May 13, 2022 Digital Realty is contracting for 158 megawatts of new solar power in California and Georgia, in line with its goal of achieving 100 percent renewable electricity.
Infra Build Holdings recapitalizes contractor Hypower in Florida by Released | May 13, 2022 Infra Build Holdings (IBH), an SMC Infrastructure Partners company, has partnered with management to recapitalize Fort Lauderdale-based Hypower, a critical infrastructure electrical contractor focused primarily on serving owners and operators of aviation, electrification, energy transition, telecom and transportation assets.
Brookfield lists minority stake in asset-management business, launches fifth flagship infra fund by Kali Persall | May 13, 2022 Brookfield Asset Management has unveiled plans to separately list and distribute to shareholders a 25-percent interest in the firm’s asset-management business, to be completed by the end of 2022.
Virginia pension fund backs open-ended JPMorgan IIF by Kali Persall | May 13, 2022 The Newport News (Va.) Employees Retirement Plan has approved a $35 million commitment to JPMorgan Infrastructure Investments Fund (IIF), according to recent board meeting minutes.
Infrastructure Investments Fund acquires Enstor Gas from ArcLight by Released | May 13, 2022 Enstor Gas, a privately owned gas-storage company, and its natural gas midstream assets have been acquired by the Infrastructure Investments Fund (IIF), an investment vehicle advised by J.P. Morgan Investment Management Inc., from an affiliate of ArcLight Capital.
JERA Americas to acquire thermal power portfolio in New England by Andrea Zander | May 13, 2022 JERA Americas, the Houston-based subsidiary of global energy leader JERA, has entered into an agreement to acquire a 1,633-megawatt (MW) thermal-power portfolio in New England from Stonepeak.
Lodha forms $1b green digital infrastructure partnership with Ivanhoé Cambridge and Bain Capital by Andrea Zander | May 13, 2022 Lodha, an Indian real estate developer, has announced a partnership with Bain Capital and Ivanhoé Cambridge to develop a next-generation green digital infrastructure platform.
Correlate Infrastructure Partners launches portfolio-health platform to address $190b annual energy spend in U.S. buildings by Andrea Zander | May 13, 2022 Correlate Infrastructure Partners has unveiled a new platform product, Correlate Portfolio Health, that gives commercial real estate owners unparalleled visibility and flexibility into energy optimization and procurement across building portfolios.
