Navitas Midstream sells to Enterprise Products Partners for $3.25b by Denise Moose | Jan 12, 2022 Navitas Midstream Partners Holdings recently announced the sale of 100 percent of its interests in Navitas Midstream Partners, to an affiliate of Enterprise Products Partners L.P. for $3.25 billion in an all-cash deal. Navitas is a portfolio company of funds managed by Warburg Pincus.
Invenergy receives $3b investment from Blackstone for renewable energy activities by Denise Moose | Jan 12, 2022 Blackstone has announced that funds managed by Blackstone Infrastructure Partners entered into a definitive agreement with Caisse de dépôt et placement du Québec (CDPQ) and Invenergy for an approximately $3 billion equity investment in Invenergy Renewables Holdings, the largest private renewable energy company in North America.
Global Infrastructure Partners invests $175m in Panama power plant by Denise Moose | Jan 12, 2022 Global Infrastructure Partners (GIP), together with its co-investors, announced that it has made a senior secured term loan investment of $175 million in Group Energy Gas Panama S de RL, to finance the acquisition and construction of Generadora de Gatun (Gatun), the owner of a 670-megawatt natural gas cogeneration power plant to be constructed in Colon, Panama.
AREP and Harrison form $1b data center JV by Andrea Zander | Jan 12, 2022 A joint venture between American Real Estate Partners (AREP), an institutional fund manager and operating partner focused on data center, office, and residential/mixed-use development and repositioning throughout the Eastern United States, and Harrison Street, have announced a $1 billion commitment to develop six powered shell data centers representing 2.1 million square feet of data center space in Data Center Alley, the world’s largest and most connected data center submarket, located in Ashburn and Arcola, Va.
North Sky Capital closes $200m sustainable assets fund by RELEASED | Jan 12, 2022 North Sky Capital recently announced that it raised $200 million to finance the development and construction of new sustainable assets in low-income communities across the United States.
Ridgewood Infrastructure acquires aviation operator by Kali Persall | Jan 11, 2022 Ridgewood Infrastructure has acquired APP Jet Center, a fixed–base operator (FBO) that owns and operates essential aviation infrastructure.
Targa Resources to acquire its development company JV interests from Stonepeak by Released | Jan 11, 2022 Targa Resources Corp. has agreed to repurchase interests in its development company joint ventures from investment vehicles affiliated with Stonepeak Partners for around $925 million.
Foresight Group strengthens infrastructure pipeline by Kali Persall | Jan 11, 2022 Foresight Group said it has deployed more than £90 million ($122 million) across its infrastructure and private equity businesses as of the third quarter of fiscal year 2022.
Cube Infrastructure Managers sells Cube Hydro Power to a consortium by Kali Persall | Jan 11, 2022 Cube Infrastructure Managers has sold Cube Hydro Power, the last asset of its Cube I fund, to a consortium backed by White Summit Capital, IST3 Investment Foundation and Reichmuth & Co.
W&T Offshore to acquire oil- and gas-producing properties in Gulf of Mexico by Kali Persall | Jan 11, 2022 W&T Offshore has agreed to pay $47 million in cash for working interests in and operatorship of oil- and gas-producing properties in federal shallow waters in the central region of the Gulf of Mexico.
Delorean Power announces investment from Greenbacker Capital by Released | Jan 11, 2022 Greenbacker Capital Management, through an affiliated fund, has made a strategic equity investment into Delorean Power, a developer and owner-operator of standalone battery energy storage projects in the United States.
Deutsche sells Danish student accommodation platform for €314m by Released | Jan 11, 2022 Deutsche Finance International (DFI) has sold its Danish student accommodation platform, Blækhus, for €314 million ($355.9 million)
Strategic Wireless acquires 11 cell towers by Andrea Zander | Jan 11, 2022 SWI Funds Tower Holdings, an affiliate of Strategic Wireless Infrastructure Funds Management, has completed the acquisition of 11 cell towers and an easement in various regions throughout the United States.
Phase II of electric distribution grid project announced in Virginia by Released | Jan 10, 2022 The Virginia State Corporation Commission (SCC) has approved Phase II of the Grid Transformation Plan (GT Plan), the company's 10-year plan to transform the electric-distribution grid.
Cantor Fitzgerald to set up sustainable infrastructure fund by Kali Persall | Jan 10, 2022 Cantor Fitzgerald, an organization specializing in financial services, investment banking, and asset management for institutional and high-net-worth clients, is setting up a new fund focused on digital transformation, decarbonization and the enhancement of aging infrastructure assets.
