EQT Infrastructure V wraps up fundraising with $18b in committed capital by Kali Persall | Nov 2, 2021 EQT has completed a final closing of its EQT Infrastructure V fund at €15.7 billion ($18 billion) in capital commitments.
BlackRock closes Climate Finance Partnership fund at $673m by Kali Persall | Nov 2, 2021 BlackRock has raised $673 million for its Climate Finance Partnership (CFP) with the help of a global consortium of 22 investors, exceeding its target of $500 million. Governments, philanthropies and institutional investors committed to the fundraise.
EXCLUSIVE — Harrison Street and fifteenfortyseven acquire four data center facilities in U.S. by Kali Persall | Nov 2, 2021 A joint venture consisting of Harrison Street Real Estate Capital and fifteenfortyseven Critical Systems Realty (1547), an owner, developer and operator of data centers, has acquired a portfolio of four facilities in Illinois, New York state and Wyoming from CIM Group.
CBRE completes acquisition of majority interest in and strategic partnership with Turner & Townsend by Andrea Zander | Nov 2, 2021 CBRE Group and Turner & Townsend Holdings have completed their previously announced transaction whereby CBRE has acquired a 60 percent ownership interest in, and entered into a strategic partnership with, Turner & Townsend.
Interior Department to advance offshore wind in the Atlantic and Gulf of Mexico by Released | Nov 1, 2021 As part of the Biden-Harris administration’s goal of deploying 30 gigawatts of offshore wind energy by 2030, the U.S. Department of the Interior has announced three major milestones to advance commercial offshore wind energy development.
Turkey breaks wind-generation records by Kali Persall | Nov 1, 2021 After increasing its ​​renewable-energy capacity, Turkey broke production records and met 20 percent of its one-day energy generation from wind, according to Hurriyet Daily News.
Multilateral Development Banks release plan for net-zero transition by Released | Nov 1, 2021 The European Investment Bank (EIB) is joining seven other Multilateral Development Banks (MDBs) in committing to a just transition that supports countries and other clients moving towards net-zero emission economies.
Brookfield wins $7.7 takeover bid for AusNet by Kali Persall | Nov 1, 2021 After months of negotiations, a Brookfield Asset Management-led consortium has won a takeover offer for AusNet, the largest energy distributor in Victoria, Australia.
Macquarie targets $1b capital raise, shifts Green Investment Group to funds-management business by Kali Persall | Nov 1, 2021 Macquarie Group has announced plans to raise at least A$1.5 billion ($1.13 billion) in an effort to ramp up its green energy-related investments, according to Reuters.
Nippon Koei Co. and Aquila to develop battery-energy-storage system on former coal site in Belgium by Kali Persall | Nov 1, 2021 Japan’s Nippon Koei Co. subsidiary, Nippon Koei Energy Europe, and Germany’s Aquila Capital have reached financial close on a 25-megawatt grid-scale battery-energy-storage system (BESS) located in Belgium.
CenterPoint Energy to acquire 300MW solar array in Indiana by Kali Persall | Nov 1, 2021 CenterPoint Energy, Inc.’s Indiana-based electric and natural gas business, CenterPoint Energy Indiana South, has been approved to acquire a 300-megawatt solar array in the state, following approval by the Indiana Utility Regulatory Commission.
Volt Energy Utility brings on new partner by Kali Persall | Nov 1, 2021 Volt Energy Utility has hired Tiffany Elliott as a partner.
Infra investors to take minority stake in Peel Ports by Kali Persall | Nov 1, 2021 APG, Global infrastructure Partners (GIP) and AustralianSuper have agreed to acquire a 37.4-percent interest in Peel Ports Group, a critical U.K. infrastructure asset located close to major demand centers. The seller was DWS.
DT Midstream and Mitsubishi Power Americas sign hydrogen development agreement by Released | Nov 1, 2021 DT Midstream, Inc., a natural-gas pipeline and storage provider, and Mitsubishi Power Americas, Inc., have entered into a strategic joint-development agreement (JDA) to advance clean-hydrogen-energy-development projects across the United States.
A conversation with Alex Symes on the U.S. infrastructure bill by Drew Campbell | Nov 1, 2021 Investors are increasingly interested in infrastructure as an asset class.