Apollo Funds announce first close of $816m investment by Andrea Zander | Dec 30, 2021 Funds managed by Apollo affiliates have made a first close on an $816 million convertible equity portfolio financing agreement with NextEra Energy Partners in a 2.5-gigawatt contracted renewable energy generation portfolio.
Oil industry on track for worst year for discoveries since 1946 by Andrea Zander | Dec 29, 2021 Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any significant finds, Rystad Energy analysis shows.
$1b oil exploration agreement signed by EGPC by Andrea Zander | Dec 29, 2021 Egyptian General Petroleum Corp. (EGPC) has signed an agreement with Italian energy group Eni for oil exploration in the Gulf of Suez and Nile Delta regions, according to an Oil Ministry statement.
TransAlta Corp. converts power generation facilities in Canada from coal to gas by Kali Persall | Dec 29, 2021 TransAlta Corp. has completed the last of three planned coal-to-gas conversions (CTG) at its Alberta Thermal power generation facilities near Wabamun, Alberta.
Macquarie invests $161m in U.K.’s Anglian Water by Released | Dec 29, 2021 Macquarie Asset Management has finalized a £120 million ($161 million) debt investment in the holding company of the U.K.’s Anglian Water.
Industrial power transmission market to hit $11b by 2027 by Kali Persall | Dec 29, 2021 The industrial power transmission market is expected to grow at an annual rate of 3.4 percent and reach a value of $11 billion in 2027, according to a new report from Stratview Research.
ISQ Growth Markets Infrastructure Fund nears halfway mark for $2b fundraising target by Kali Persall | Dec 29, 2021 I Squared Capital has secured $846 million for its ISQ Growth Markets Infrastructure Fund, according to a recent filing with the SEC.
Arkansas Teacher Retirement System announces real assets pacing plan by Kali Persall | Dec 29, 2021 The Arkansas Teacher Retirement System (ATRS) has announced a $575 million real assets pacing plan for 2022.
ReneSola sells its most advanced project in Spanish portfolio by Kali Persall | Dec 28, 2021 ReneSola has agreed to sell a 12-megawatt portfolio of two ground-mounted solar projects in Spain via a share purchase agreement with the Aream Group, an international solar investment company headquartered in Germany.
Talos Energy undertakes greenhouse gas reduction efforts by Kali Persall | Dec 28, 2021 Talos Energy has established a long-term target of 30 percent greenhouse gas emissions, aiming for intensity reduction by 2025 from the 2018 baseline, according to the company’s second annual ESG report to stakeholders.
Super port to be delivered in Vietnam by Kali Persall | Dec 28, 2021 Singapore-based YCH Group and Vietnamese conglomerate T&T Group have broken ground on Vietnam SuperPort — Vinh Phuc ICD Logistics Centre, the largest logistics infrastructure project spearheaded by a Singaporean company in Vietnam.
San Mateo County Employees commits $25m to Tiger Infrastructure Partners III by Kali Persall | Dec 28, 2021 The San Mateo County (Calif.) Employees Retirement Association (SamCERA) has approved a $25 million investment in Tiger Infrastructure Partners III at its meeting on Dec. 7, according to an investment update posted on the pension fund’s website.
Sacramento County Employees invests $100m in Brookfield Super-Core Infrastructure Partners by Kali Persall | Dec 28, 2021 The Sacramento County (Calif.) Employees’ Retirement System (SCERS) has put $100 million in the open-end Brookfield Super-Core Infrastructure Partners, managed by Brookfield Asset Management.
Icade enters Portugal’s healthcare market by Andrea Zander | Dec 28, 2021 Icade’s Healthcare Property Investment Division1 acquired 100 percent of a Portuguese Real Estate Investment Fund owning a portfolio of four prime private hospital properties in Portugal for €213 million ($241 million).
New York City pension funds divest nearly $3b from fossil fuels by Kali Persall | Dec 28, 2021 Three New York City pension funds are undertaking a significant divestment from fossil fuel companies, bringing the total divestment across all funds to roughly $3 billion.
