Fed cuts rates for a third and final time this year by Elise Mackanych | Dec 20, 2024 In the final meeting of the year, the Federal Open Market Committee has decided to cut the federal funds rate by 25 basis points, to a target range of 4.25 percent to 4.5 percent. T
Accenture to buy IQT Group, expanding generative AI and digital capabilities by Released | Dec 19, 2024 Accenture has agreed to acquire IQT Group, a provider of engineering managed services for large infrastructure projects, based in Rovigo, Italy.
DORE sells Swedish wind farm to Angel Wind by Kali Persall | Dec 19, 2024 Downing Renewables & Infrastructure Trust (DORE) has sold the Gabrielsberget wind farm in Sweden to Angel Wind, a subsidiary of Bagnall Energy.
Pioneer Point Partners makes three senior board hires, bolsters investment team by Released | Dec 19, 2024 Pioneer Point Partners, a sustainable infrastructure investment firm, has appointed three industry experts to its advisory board — Leif Zierz, Ole Hvelplund and Michele Appendino — bringing the total to seven. Their experience ranges across the full spectrum of the energy transition and environment space.
Copenhagen Infrastructure Partners and Google sign power purchase agreement in the Netherlands by Kali Persall | Dec 19, 2024 Google has signed a 250-megawatt power-purchase agreement with Copenhagen Infrastructure Partners (CIP) to purchase renewable energy generated by the Zeevonk project to power its Dutch operations in the Netherlands for 15 years.
Antin Infrastructure Partners raises largest fund of 2024 at €10.2b by Kali Persall | Dec 19, 2024 Antin Infrastructure Partners has closed its fifth flagship fund at €10.2 billion ($10.7 billion), exceeding its fundraising target.
GLP Clean Energy to deliver solar PV project at logistics center in Germany by Kali Persall | Dec 18, 2024 GLP Clean Energy, the European renewable-energy business of GLP, has started installing a rooftop photovoltaic (PV) system at Unit II of GLP’s logistics center in Mönchengladbach, Germany.
Copenhagen Infrastructure Partners snaps up majority stake in ABO Energy’s wind and hydrogen project by Released | Dec 18, 2024 Copenhagen Infrastructure Partners has acquired a majority stake in Toqlukuti’k Wind & Hydrogen, a large-scale onshore wind and hydrogen project in Newfoundland & Labrador, Canada, from Germany-based renewable energy developer ABO Energy.
SUSI Partners acquires 100% of Italian energy service company by Released | Dec 18, 2024 SUSI Partners, through its SUSI Energy Transition Fund (SETF), has secured 100 percent ownership of Italian energy service company, Genera New Energy S.p.A. Società Benefit (Genera Group) by acquiring the remaining 25 percent stake.
Swiss Life Asset Managers to invest in Spanish toll road operator by Kali Persall | Dec 18, 2024 Swiss Life Asset Managers, on behalf of Swiss Life Funds (LUX) Global Infrastructure Opportunities IV SCSp, SICAV-RAIF (GIO IV), has entered into a binding agreement with APG to invest in Spanish toll road operator, ItÃnere Infraestructuras.
Listed infrastructure offers resilience and returns in an uncertain future by Elise Mackanych | Dec 18, 2024 Despite the geopolitical volatility looming over 2025, listed infrastructure is an asset class that offers resilient, necessary and protective investments even in times of uncertainty.
Ørsted announces largest investment by a Taiwan life insurer in an offshore wind farm by Kali Persall | Dec 17, 2024 Cathay Life Insurance in Taiwan and its affiliate, Cathay Wind Power Holdings Co., Ltd, have agreed to acquire a 50 percent ownership share of Ørsted’s 583-megawatt Greater Changhua 4 Offshore Wind Farm.
Pattern Energy receives equity investment from consortium headed by APG and ART by Kali Persall | Dec 17, 2024 A consortium headed by APG Asset Management, on behalf of the largest Dutch pension fund, ABP, and Australian Retirement Trust (ART), will acquire Riverstone Holdings’ equity stake in Pattern Energy Group, becoming owners alongside Canada Pension Plan Investment Board (CPP Investments) and Pattern management. Financial terms were not disclosed.
PORT 32 Marinas locks in $400m financing facility for coastal marina portfolio by Kali Persall | Dec 17, 2024 Newmark Group has arranged a $400 million credit facility for PORT 32 Marinas to refinance its existing portfolio of coastal marinas and to fund the future acquisition of others.
SDCL pays $28m for stake in North Carolina poultry waste-to-energy projects by Kali Persall | Dec 17, 2024 Sustainable Development Capital LLP (SDCL), a specialist energy-efficiency investor, has acquired a stake in two poultry waste-to-energy projects in North Carolina for $28 million.
