Digital Alpha Advisors strikes deal with Unitas Global by Kali Persall | Apr 18, 2022 Digital Alpha Advisors has completed the asset acquisition of Unitas Global's Connectivity Business in an effort to enhance digital transformation for enterprise networks. Financial terms were not disclosed.
Sterlite Power acquires majority stake in India’s MTCIL by Released | Apr 18, 2022 Sterlite Power has acquired a 64.98-percent equity stake in India’s Maharashtra Transmission Communication Infrastructure Ltd. (MTCIL), a joint venture with Maharashtra State Electricity Transmission Company, from Sterlite Technologies.
DigitalBridge strengthens partnership with Wafra by Kali Persall | Apr 18, 2022 DigitalBridge Group has agreed to acquire New York investment firm Wafra’s 31.5 percent ownership in DigitalBridge’s investment-management subsidiary.
Cathay Life contributes €30m to Macquarie European Infrastructure Fund 7 by Kali Persall | Apr 18, 2022 Taiwan-based Cathay Life Insurance Co. has slated €30 million ($32 million) for Macquarie European Infrastructure Fund 7 (MEIF 7), a new fund managed by Macquarie Infrastructure and Real Assets (MIRA).
Texas Municipal Retirement System puts $300m in three infrastructure funds by Kali Persall | Apr 18, 2022 The Texas Municipal Retirement System has poured nearly $300 million of equity commitments into three private-infrastructure vehicles, a recent investment report shows.
AIIB provides $108m of financing for Uzbekistan railway line by Released | Apr 15, 2022 The Asian Infrastructure Investment Bank (AIIB) and the Republic of Uzbekistan have signed a $108 million loan to electrify the Bukhara-Miskin-Urgench-Khiva railway line.
Calgary launches RFQ for Green Line LRT project by Kali Persall | Apr 15, 2022 The Canadian city of Calgary has issued an RFQ for Phase 1 of its Green Line LRT project.
NYC plans state’s largest renewable-energy and transmission project in 50 years by Andrea Zander | Apr 15, 2022 New York Governor Kathy Hochul announced that the State Public Service Commission has approved contracts with Clean Path New York LLC for its Clean Path NY project and H.Q. Energy Services Inc. for its Champlain Hudson Power Express project to deliver clean, renewable solar, wind and hydroelectric power from upstate New York and Canada to New York City.
AE Industrial Partners to sell BHI Energy by Released | Apr 15, 2022 AE Industrial Partners (AEI) — a U.S.-based private-equity firm specializing in aerospace, defense and government services; space, power and utility services; and specialty-industrial markets — has signed a definitive agreement to sell its portfolio company BHI Energy to Westinghouse Electric Company.
NV Energy issues renewable-energy RFP by Kali Persall | Apr 15, 2022 NV Energy has issued an RFP to add new renewable-energy projects to its portfolio.
Convergent Energy + Power to provide battery-storage system in Massachusetts by Kali Persall | Apr 15, 2022 Convergent Energy + Power, an energy-storage-solutions provider in North America, is planning to provide Massachusetts' municipally owned utility company Holyoke Gas & Electric (HG&E) with a battery-storage system.
Equinix pays $320m for West African data center by Kali Persall | Apr 15, 2022 Equinix has expanded into Africa with the acquisition of MainOne, a West Africa data center and connectivity solutions provider, for an enterprise value of $320 million.
Meridiam moves forward with light-rail project by Kali Persall | Apr 15, 2022 Meridiam has reached financial close on its 16.2-mile Purple Line light rail transit project in Maryland, one of the first public-private partnership (P3) rail projects in the United States.
Moltex and SNC-Lavalin form nuclear energy partnership by Kali Persall | Apr 14, 2022 Moltex Energy Canada and SNC-Lavalin Group have formed a strategic partnership to advance clean nuclear energy.
Australian telecom group to accept takeover bid from Brookfield and Morrison & Co. by Kali Persall | Apr 14, 2022 Australia’s Uniti Group, a diversified provider of telecommunications services, has agreed to a nearly A$3.6 billion ($2.7 billion) takeover offer from a consortium consisting of Brookfield Asset Management and Morrison & Co., according to Reuters.
