Texas ERS commits $140m to private infrastructure by Kali Persall | Jan 13, 2022 The $35.5 billion Employees’ Retirement System (ERS) of Texas has made three commitments to private infrastructure funds.
KGAL acquires 50% stake in GP JOULE Projects by Denise Moose | Jan 12, 2022 KGAL Investment Management GmbH & Co. KG has acquired a 25 percent stake in GP JOULE Projects for each of its funds KGAL ESPF 4 and KGAL ESPF 5. KGAL and GP JOULE are joining forces to drive the energy transition, and to take advantage of the immense growth opportunities offered by renewable energies in Germany and across Europe.
Rakiza to acquire stake in Oman International container terminal by RELEASED | Jan 12, 2022 Rakiza, Oman’s infrastructure fund, has announced that it signed multiple definitive agreements to acquire a stake of more than 31 percent in Oman International Container Terminal, a modern container-handling facility capable of accommodating the latest generation of mega-vessels.
ExxonMobil acquires stake in Biojet AS by RELEASED | Jan 12, 2022 ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9 percent stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components.
Airport Hotel PPP project in Ireland receives green light by RELEASED | Jan 12, 2022 Dublin Airport will get a €100 million ($1.25 million) investment in a new terminal-linked hotel that will create up to 550 jobs on campus.
CenterPoint Energy sells segments of natural gas distribution businesses to Summit Utilities by Denise Moose | Jan 12, 2022 CenterPoint Energy has announced that it successfully completed the previously announced sale of its natural gas distribution utilities in Arkansas and Oklahoma to Summit Utilities.
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.
