The inflation equation: Inflation is back and investors are recalibrating expectations by James Wallace | Mar 1, 2022 During the past two years, the primary catalyst behind the surge in inflation was the more than $10 trillion in fiscal and monetary stimulus injected by governments and central banks worldwide in response to the pandemic.
Invenergy Wind Offshore wins $645m offshore wind lease, forms investor consortium by Andrea Zander | Mar 1, 2022 Invenergy Wind Offshore, led by project sponsors Invenergy and energyRe, was named provisional winner for an 83,976-acre area of seabed by the U.S. Bureau of Ocean Energy Management (BOEM).
Mike Cannon-Brookes backs Australia’s Infradebt by Kali Persall | Feb 28, 2022 Grok Ventures, a private Australian investment company owned by tech billionaire Mike Cannon-Brookes and his wife Annie, has invested A$200 million ($144 million) for a significant stake in Infradebt, a major financier of renewables and battery storage.
Australian businessman Andrew Forrest acquires colossal renewables farm in Queensland by Kali Persall | Feb 28, 2022 Australian mining mogul Andrew Forrest has paid A$3 billion ($2.2 billion) for the largest renewables farm in the Southern Hemisphere, the Clarke Creek project in Queensland.
Infrastructure Investments Fund acquires stake in Falck Renewables by Kali Persall | Feb 28, 2022 The Infrastructure Investments Fund (IIF), managed by JP Morgan, has acquired a stake in Falck Renewables following a sale-and-purchase agreement initiated in October 2021, according to Renews.biz.
John Graves named CIO of Low Carbon Renewables Fund by Kali Persall | Feb 28, 2022 John Graves, a member of the investment committee at Low Carbon Investment Management, has been appointed CIO of the Low Carbon Renewables Fund.
Copenhagen Infrastructure Partners fund snaps up offshore wind lease area in New York Bight by Kali Persall | Feb 28, 2022 Mid-Atlantic Offshore Wind, a fund managed by Copenhagen Infrastructure Partners (CIP), has acquired lease area OCS-A 0544 in the New York Bight, a triangular geological indentation located along the Atlantic coast of the United States.
Philippe Wind joins CDPQ as a global operating partner by Kali Persall | Feb 28, 2022 Philippe Wind has become a global operating partner for Caisse de dépôt et placement du Québec’s (CDPQ) global infrastructure portfolio.
SC Capital launches data-center platform with $500m Seoul project by Andrea Zander | Feb 28, 2022 Singapore-based SC Capital Partners has launched an Asia data-center platform, SC Zeus Data Centers, starting with the development of a hyperscale South Korean facility at an expected cost of $500 million.
CalSTRS releases 2020-2021 sustainability report by Kali Persall | Feb 28, 2022 The California State Teachers’ Retirement System (CalSTRS) has released its 2020-2021 Sustainability Report, outlining its investment-return progress as well as its transition to net zero, among other updates.
Germany launches 980MW offshore wind tender by Kali Persall | Feb 25, 2022 Germany's Federal Network Agency has launched a tender for 980 megawatts of offshore wind turbines in the North Sea, according to Bloomberg.
$277m of grants awarded through U.S. Broadband Infrastructure Program by Released | Feb 25, 2022 The U.S. Department of Commerce’s National Telecommunications and Information Administration (NTIA) has awarded 13 grants as part of its Broadband Infrastructure Program.
EQT acquires Stockland Retirement Living in Australia by Kali Persall | Feb 25, 2022 EQT has agreed to acquire Stockland Retirement Living from Stockland Group on behalf of its EQT Infrastructure V fund, which closed in November 2021 with €15.7 billion ($18 billion) of capital commitments.
Slate Asset Management launches impact investment strategy, appoints global head of infrastructure by Kali Persall | Feb 25, 2022 Slate Asset Management, a global alternative-investment platform targeting real assets, has launched an impact-investment strategy targeting infrastructure assets that advance the global energy transition.
Korean Air-Asiana merger moves ahead with conditions by Kali Persall | Feb 25, 2022 A proposed $1.5 billion merger that would combine Korean Air Lines Co. and South Korean–based Asiana Airlines Inc. has moved forward, after approval by South Korea’s antitrust regulator, but challenges persist.