GIP invests $500m in BrightNight by Kali Persall | Jan 31, 2022 Global Infrastructure Partners (GIP) and its coinvestors have invested $500 million in independent power producer (IPP) and renewable-power company BrightNight.
NextEnergy Capital closes its largest private fund to date by Kali Persall | Jan 31, 2022 NextEnergy Capital (NEC), has surpassed its $750 million target for its NextPower III ESG (NPIII ESG) fund, closing at $896 million in capital commitments, including an SMA.
Greenbacker acquires 6.5-MWdc pre-operational solar project in Vermont by Denise Moose | Jan 28, 2022 Greenbacker Renewable Energy Co., a leading owner and operator of sustainable infrastructure and energy-efficiency projects, announced that, through a wholly owned subsidiary, it has purchased a 6.5-megawatts DC to-be-constructed solar project from Encore Renewable Energy, a preeminent integrated clean energy developer in the region.
LaGuardia Gateway Partners announces opening of second pedestrian skybridge at new LaGuardia Terminal B by RELEASED | Jan 28, 2022 LaGuardia Gateway Partners (LGP), the private entity managing and redeveloping LaGuardia Airport’s Terminal B, announced the opening of the second pedestrian skybridge, making LaGuardia the first airport in the world with dual skybridges.
CBRE Investment Management adds Mariana Barrientos to European private infrastructure team by RELEASED | Jan 28, 2022 CBRE Investment Management has appointed Mariana Barrientos as a director in its European private infrastructure markets team. Mariana will focus on sourcing, executing and asset managing investments as part of the private infrastructure investment team in London.
Funding in battery storage, smart grid and energy efficiency up to $19.5b in 2021 by RELEASED | Jan 28, 2022 The corporate funding for battery-storage, smart-grid and energy-efficiency sectors more than doubled to $19.5 billion in 2021.
Top 30 most responsible asset allocators by Jennifer Molloy | Jan 28, 2022 Institutional investors from around the world are focusing more attention on environmental, social and governance (ESG) issues, and responsible investing (RI) practices, according to New America’s The 2021 Leaders List: The 30 Most Responsible Asset Allocators. The biannual Responsible Asset Allocator Initiative (RAAI) Index was developed in partnership with the Fletcher School at Tufts University […]
CDPQ Infra, CN agree to land sale for light-rail reroute by Denise Moose | Jan 28, 2022 CDPQ Infra has secured an option to purchase from CN a segment of the Souligny railroad right-of-way in the heart of Mercier-Est in Montreal, which will avoid the need for a section of route on the Sherbrooke Street East commercial corridor.
GLIL Infrastructure and Local Pensions Partnership Investments double stakes in social infrastructure fund by Denise Moose | Jan 28, 2022 GLIL Infrastructure and Local Pensions Partnership Investments have doubled their equity stakes in Semperian PPP Investment Partners Holdings, the U.K. social infrastructure fund.
Hydrogen blending for home heating would push energy prices higher by RELEASED | Jan 27, 2022 The United Kingdom's plans to begin delivering gas blends of 20 percent hydrogen from next year would be unwise, a scientific study has concluded, as they would increase gas bills and exacerbate the existing price crisis.
Malaysia’s Axiata and XL Axiata to buy 66% in Link Net for $606.2m by RELEASED | Jan 27, 2022 Axiata Group Berhad and PT XL Axiata Tbk announced the signing of a conditional share-purchase agreement to jointly acquire an aggregate 66.03 percent equity interest in PT Link Net Tbk from Asia Link Dewa and PT First Media.
Singapore’s GIC invests in Aussie green-fuels company InterContinental Energy by Denise Moose | Jan 27, 2022 Singapore’s sovereign wealth fund GIC and InterContinental Energy, the leading dedicated green-fuels company, announce GIC’s strategic equity investment in ICE.
Equinix and GIC to invest $525m to build hyperscale data centers in Korea by Denise Moose | Jan 27, 2022 Equinix, the world's digital infrastructure company, today announced the signing of an agreement to form a $525 million joint venture in the form of a limited-liability partnership with GIC, Singapore’s sovereign wealth fund, to develop and operate two xScale data centers in Seoul, Korea.
BlackRock invests $200m in renewable-distributed-energy projects in Chile by Denise Moose | Jan 27, 2022 BlackRock Real Assets announced that its Global Renewable Power Fund III (GRP III) has agreed to invest up to $200 million for a 435-megawatt portfolio of solar projects in Chile.
The money talks virtually: takeaways from part II of the i3 Editorial Advisory Board meeting by Drew Campbell | Jan 27, 2022 Infrastructure investing has in the past three years become a popular destination for institutional capital. That is partly due to the asset class’s ability to provide investors downside protection as market values continue to grow to seemingly exuberant levels. It is also in part thanks to the macro trends of the energy and digital transitions, which are in the early stages of attracting capital to create decarbonized and more high-tech societies. And now with inflation on the rise, infrastructure’s ability to hedge portfolios against this risk is giving investors another reason to allocate capital to the asset class.
