AIIB slates $125m for climate adaptation, disaster resilience in India by Released | Aug 11, 2021 The Asian Infrastructure Investment Bank (AIIB) has approved $125 million to help India’s state government of Kerala better prepare against natural disasters, the impact of climate change, and the outbreak of disease and pandemics.
KKR Global Infrastructure Investors IV raises $14.2b in first close by Kali Persall | Aug 11, 2021 KKR has completed a first closing of its KKR Global Infrastructure Investors IV, with $14.2 billion in equity commitments, according to the transcript of a second-quarter earnings call.
KGAL launches first renewable energy Impact Fund by Kali Persall | Aug 11, 2021 KGAL Investment Management has launched its first renewable energy Impact Fund, KGAL ESPF 5.
AEP Energy and Doral Renewables sign second solar PPA in Indiana by Kali Persall | Aug 10, 2021 AEP Energy, a subsidiary of American Electric Power, and Doral Renewables have signed an additional long-term renewable energy purchase agreement for the second phase of a 1.65-gigawatt direct current solar project in Indiana.
Maryland State Retirement and Pension System logs record 26.7% return by Kali Persall | Aug 10, 2021 The Maryland State Retirement and Pension System (MSRPS) has announced a record 26.7 percent return, net of fees, on its investment portfolio for the fiscal year ending June 30. The fund’s performance raised MSRPS’s assets to $67.9 billion, an increase of $13.3 billion from the previous fiscal year.
$1t infrastructure bill passes in Senate, moves to House by Kali Persall | Aug 10, 2021 The U.S. Senate has passed a $1 trillion bipartisan infrastructure bill after months of negotiations, with an overwhelming vote in favor at 69-30.
Dominion Energy to convert fleet of vehicles to electric power under new initiative by Kali Persall | Aug 10, 2021 Dominion Energy has unveiled a new initiative that will transform into electric vehicles a fleet of more than 8,600 vehicles serving customers in 16 states, helping Dominion Energy achieve its goal of net-zero carbon dioxide and methane emissions.
Energea Global and BTG Pactual sign $27m solar deal in Brazil by Kali Persall | Aug 10, 2021 Energea Global and BTG Pactual, the largest investment bank in Latin America, have agreed to invest $27 million to construct a portfolio of solar projects in Brazil.
Reliance New Energy Solar to invest $144m in energy storage company by Released | Aug 10, 2021 Reliance New Energy Solar Ltd. (RNESL), along with strategic investors Paulson & Co. and Bill Gates, and a few other investors, has invested $144 million in Ambri Inc., an energy storage company based in Massachusetts.
Hamilton Lane raises $310m for first dedicated infrastructure specialized fund by Kali Persall | Aug 10, 2021 Hamilton Lane has launched its first dedicated infrastructure specialized fund, and closed on $310 million of investor commitments at the end of July in and alongside the fund, according to transcripts from an earnings call, which took place Aug. 3.
KKR-backed Global Technical Realty to deliver data center in Israel by Kali Persall | Aug 10, 2021 Global Technical Realty (GTR), a $1 billion European build-to-suit acquisition data center platform backed by KKR, has unveiled plans to build a new 10.5-megawatt underground data facility in Petah Tikva, Israel.
Fiera Infrastructure and Mitsui & Co. Alternative Investments enter distribution agreement by Kali Persall | Aug 10, 2021 Fiera Infrastructure, a global mid-market direct infrastructure investor and subsidiary of Fiera Capital Corp., has entered into a distribution agreement with Japan-based Mitsui & Co. Alternative Investments (MAI).
DigitalBridge to own controlling stake in Vertical Bridge Holdings by Kali Persall | Aug 10, 2021 Funds affiliated with DigitalBridge Group’s investment management platform have agreed to acquire a controlling stake in Vertical Bridge Holdings, the largest private owner and operator of wireless communications infrastructure in the United States.
EBRD commits €74m to Bulgarian airport transformation by Released | Aug 9, 2021 The European Bank for Reconstruction and Development (EBRD) has announced a €74.3 million ($87 million) indirect equity investment in SOF Connect, the company operating and managing the Sofia airport through a concession agreement with the Bulgarian government.
Canadian government to build new water treatment system in rural community by Kali Persall | Aug 9, 2021 The Canadian government is constructing a new water treatment system in Petit-Rocher, a Canadian village in New Brunswick.
