Eurazeo leads €160m fundraising round for fast-charging infra company Electra by Kali Persall | Jul 1, 2022 Eurazeo has backed Electra, a French company specializing in fast-charging infrastructure for electric vehicles (EVs), through a €160 million ($167 million) fundraising round that included several other top-tier investors.
Japan’s GPIF logs 5.4% investment return by Kali Persall | Jul 1, 2022 Japan's Government Pension Investment Fund (GPIF) has posted a 5.42 percent investment return for fiscal year 2021, bringing its portfolio size to more than $196 trillion yen ($1.4 trillion).
Morrison & Co. to take ownership of FiberLight by Kali Persall | Jul 1, 2022 A consortium led by funds managed by Morrison & Co. has agreed to acquire FiberLight, a pure-play, high-bandwidth fiber infrastructure provider headquartered in Atlanta, from Thermo Companies.
Missouri State Employees leader announces impending retirement by Kali Persall | Jul 1, 2022 Ronda Stegmann, executive director of the $9.7 billion Missouri State Employees’ Retirement System (MOSERS), has announced plans to retire in 2023. Stegmann will have 30 years of public service in 2022.
Malaysian data center business pulls in high-profile bidders DigitalBridge, I Squared Capital, Equinix by Kali Persall | Jun 30, 2022 Malaysia’s Time Dotcom data center business has attracted a swath of high-profile suitors — among them DigitalBridge Group Inc., I Squared Capital-owned BDx and Equinix Inc., according to Reuters.
GIP, ADIA acquire 72% stake in Europe’s largest private wagon-hire company by Kali Persall | Jun 30, 2022 Global Infrastructure Partners (GIP) and its partner, the Abu Dhabi Investment Authority (ADIA), have agreed to acquire a 72.5 percent equity interest in European railcar lessor VTG. The sellers were Morgan Stanley Infrastructure Partners and Joachim Herz Stiftung.
EIB, European Commission provide €150m for water and sanitation projects in the Caribbean by Released | Jun 30, 2022 The European Investment Bank (EIB) is partnering with the European Commission to improve water and sanitation networks in the Caribbean.
Permian Highway Pipeline moves ahead with expansion project by Kali Persall | Jun 30, 2022 Permian Highway Pipeline (PHP), an entity jointly owned by subsidiaries of Kinder Morgan, Kinetik Holdings and ExxonMobil, will proceed with its expansion project after securing binding firm transportation agreements for all available capacity.
Brookfield takes stake in Australia’s AGL Energy by Kali Persall | Jun 30, 2022 A subsidiary of Brookfield Asset Management has acquired a 2.56 percent stake in AGL Energy, the Australian energy company confirmed in a June 30 press release.
Keppel Infrastructure, KIT move toward sale and purchase of Singapore’s fourth desalination plant by Kali Persall | Jun 30, 2022 Keppel Infrastructure and Keppel Infrastructure Fund Management (KIFM), the trustee have signed a non-binding term sheet for the sale and purchase of a 50 percent equity stake in Marina East Water (MEW), owner of the Keppel Marina East Desalination Plant (KMEDP), for S$355 million ($255 million).
Abrdn invests in Italy’s second-largest transmission system operator by Kali Persall | Jun 30, 2022 Abrdn has invested €60 million ($63 million), on behalf of its strategic partner Phoenix Group, in Societa Gasdotti Italia (SGI), the second-largest transmission system operator in Italy.
Listed infrastructure companies announce energy and transportation transactions by Drew Campbell | Jun 29, 2022 Listed infrastructure companies have announced several notable transactions during the past two weeks.
EIG launches Chilean renewables platform by Kali Persall | Jun 29, 2022 EIG, an institutional investor to the global energy sector and a major infrastructure investor, has launched a new renewable-energy platform in Chile, Grupo Cerro.
Actis launches power-generation business for Asian market by Kali Persall | Jun 29, 2022 Actis has launched a power-generation business that will pursue gas-fired power projects in Southeast Asia.
Foresight Group signs infrastructure, forestry partnership with the Eden Project by Released | Jun 29, 2022 London-based Foresight Group has selected the Eden Project as its new sustainability partner. Eden will advise Foresight on enhancing biodiversity across its portfolio with an initial focus on its infrastructure and forestry assets.