American Tower to acquire CoreSite in $10b deal by Andrea Zander | Nov 15, 2021 American Tower Corp. has plans to acquire CoreSite Realty Corp. for $10.1 billion.
Tenders launched for $5b sustainable housing P3 project in the U.K. by Kali Persall | Nov 15, 2021 The Scarborough Borough Council in the United Kingdom has launched tenders in search of a private partner to deliver environmentally sustainable homes, with a focus on affordable housing, according to InfraPPP.
Matrix Renewables strengthens solar foothold in Italy by Kali Persall | Nov 15, 2021 Matrix Renewables, the Madrid-based global renewable-energy platform, has agreed to acquire a 91-megawatt solar portfolio in Italy from Spanish developer Solaer, according to Renewables Now.
Japan’s Marubeni Corp. collaborates on the decarbonization of Scotland by Kali Persall | Nov 12, 2021 Japan’s Marubeni Corp. has signed an agreement with Scottish Enterprise to collaborate for the decarbonization of Scotland through various renewable initiatives.
U.S. DFC pours $267m into upgrading Brazil’s smart-city infrastructure by Kali Persall | Nov 12, 2021 The U.S. International Development Finance Corporation (DFC) has reached financial close on a $267 million investment to support the installation and management of smart-city infrastructure in Rio de Janeiro.
Microsoft forms strategic digital partnership with world’s largest IT infrastructure services provider by Kali Persall | Nov 12, 2021 Microsoft Corp. and Kyndryl, the world's largest IT infrastructure-services provider, have formed a landmark global strategic partnership to accelerate digital transformation for enterprise customers.
NextEra Energy subsidiary submits offshore wind proposals in New York by Kali Persall | Nov 12, 2021 NextEra Energy Transmission New York, a subsidiary of NextEra Energy, has submitted multiple proposals in response to the New York Independent System Operator's (NYISO) Long Island Offshore Wind Public Policy Transmission Need.
PPL Corp. contributes to EIP’s $1b fund by Kali Persall | Nov 12, 2021 PPL Corporation, a U.S. energy company generating 7,500 megawatts of power for the Kentucky market, has joined Energy Impact Partners (EIP), in its Flagship Fund, Fund II. The fund held a final close this week, with $1 billion in commitments.
Global Energy Storage acquires oil terminal at Europe’s deepest port by Kali Persall | Nov 12, 2021 Global Energy Storage (GES), a newly formed company with a focus on energy-transition fuels and related services, is acquiring part of the assets of Stargate Oil Terminal Rotterdam (SOTR) from Gunvor Group.
Eni subsidiary becomes second-largest Italian EV charge-point operator through BE Power acquisition by Kali Persall | Nov 12, 2021 Italian multinational oil and gas company Eni, through its subsidiary Eni gas e luce, has closed a deal with Zouk Capital and Aretex formalizing the 100 percent acquisition of BE Power.
Equitix-leased data-center property sold to Blackstone fund by Kali Persall | Nov 12, 2021 Landsec, the largest commercial-property development and investment company in the United Kingdom, has sold 6-9 Harbour Exchange, London E14, the site of Equinix’s LD8 data center, to Blackstone European Property Income Fund (BEPIF) for £196.5 million ($263 million).
U.S. infrastructure legislation set to become law: President Biden announces bill signing on Monday by Drew Campbell | Nov 12, 2021 The long-awaited infrastructure bill will be signed into law Monday, the Biden Administration announced yesterday.
Oregon Investment Council address fossil-fuel divestment concerns by Kali Persall | Nov 12, 2021 The Oregon Investment Council (OIC) has issued a statement addressing why the Oregon Public Employees Retirement Fund (OPERF) retains holdings in fossil-fuel companies, as climate-change concerns continue to grow.
New investors make student-housing sector more competitive by Andrea Zander | Nov 12, 2021 After a tumultuous year in student-housing commercial real estate, the return of students to colleges and universities is providing a boost to the sector, with increased investor interest and demand from, not only traditional student-housing investors, but new entrants as well.
African Development Bank Group launches historic green-growth framework by Kali Persall | Nov 11, 2021 The African Development Bank Group has launched its Climate Change and Green Growth Framework — the first of its kind by any multilateral development bank — to strengthen the bank’s vision to address climate change and promote green growth.