Targa Resources to sell 25% stake in Gulf Coast Express Pipeline by Kali Persall | Feb 9, 2022 Targa Resources Corp. has agreed to sell its wholly-owned subsidiary, which holds a 25 percent equity interest in the Gulf Coast Express Pipeline (GCX), for $857 million.
Glennmont Partners invests in €100m green bonds program in Italy by Released | Feb 9, 2022 Glennmont Partners from Nuveen has invested in a €100 million ($114 million) bonds program dedicated to financing energy-efficiency improvements on residential buildings in Italy.
SMC Infrastructure Partners and IFM to recapitalize General Asphalt by Kali Persall | Feb 9, 2022 SMC Infrastructure Partners, via its infrastructure construction and rehab platform company Infra Build Holdings, has partnered with management to recapitalize Miami–based infrastructure paving contractor General Asphalt Co.
BNP Paribas Real Estate appoints Michael Umfreville to lead data center team in the U.K. by Kali Persall | Feb 9, 2022 BNP Paribas Real Estate has launched a new data center team in the United Kingdom, putting Michael Umfreville at the helm.
Columbia Threadneedle’s European Sustainable Infrastructure Fund acquires its first renewable assets by Kali Persall | Feb 9, 2022 The Columbia Threadneedle European Sustainable Infrastructure Fund (ESIF) has acquired two renewable energy assets — a portfolio of mini hydropower plants in Italy, and Storrun Windkraft, a 2.5-megawatt onshore wind farm located in Sweden.
GLP seeks $500m to expand data center offering in China by Kali Persall | Feb 9, 2022 Singapore-based GLP is seeking to raise $500 million from investors to help expand its data centers platform in China, according to Bloomberg.
Macquarie in talks to inject $13.5b into U.K. infrastructure by Kali Persall | Feb 8, 2022 The U.K. government is in talks with Macquarie Group for a £10 billion ($13.5 billion) investment in British infrastructure, representing one of the largest-ever commitments by an overseas company, according to Sky News.
SNC-Lavalin transfers P3 asset to SNC-Lavalin Infrastructure Partners by Kali Persall | Feb 8, 2022 SNC-Lavalin has transferred a sixth public-private partnership (P3) asset, the InPower BC General Partnership, to the SNC-Lavalin Infrastructure Partners partnership for a total cash consideration of $41 million.
Kinder Morgan announces Southern California renewable diesel hub project by Released | Feb 8, 2022 Kinder Morgan (KMI) announced the receipt of the necessary commercial commitments to move forward with the permitting and construction of a renewable diesel hub in Southern California.
IREI.Q database launches by Andrea Zander | Feb 8, 2022 Institutional Real Estate, Inc., has launched its IREI.Q database. Although the database has been in the works for the past two years, the IREI data services department has been continually researching, populating and updating the data.
Jonathan Yates joins RPS as U.K. country lead – deal advisory by Kali Persall | Feb 8, 2022 Jonathan Yates has taken up the position of U.K. country lead – deal advisory at RPS Group, a global professional services firm that defines, designs and manages projects across six sectors: property, energy, water, transport, resources and government.
Keppel Infrastructure Trust to invest $250m in Aramco Gas Pipelines Company by Released | Feb 8, 2022 Keppel Infrastructure Fund Management (KIFM), the trustee-manager of Keppel Infrastructure Trust (KIT), has entered into a subscription agreement, a limited partnership agreement and related documentation to invest in Aramco Gas Pipelines Company.
UBS lends €100m for CapMan Infra’s acquisition of Finnish transport operator by Kali Persall | Feb 8, 2022 UBS Asset Management (UBS-AM) Infrastructure Debt Platform has financed CapMan Infra’s complete acquisition of Koiviston Auto, a Finnish transport operator with the largest bus fleet in the country, with €100 million ($110 million) in debt.
TreadStone and Kayne Anderson expand oil and gas partnership by Released | Feb 8, 2022 Following the divestment of its oil and gas assets in the Hearne field of East Texas in December 2021, the former management team of TreadStone Energy Partners II has formed TreadStone Energy Partners III with an equity commitment of more than $180 million from Kayne Anderson Energy Fund VIII and TreadStone III management.
IREI.Q database launches by Andrea Zander | Feb 8, 2022 Institutional Real Estate, Inc., has launched its IREI.Q database.