National EV charging network under way by Denise Moose | Aug 17, 2022 In keeping with the current administration’s commitment to build out a national network of 500,000 electric vehicle (EV) chargers by 2030, the U.S. Departments of Transportation and Energy announced all 50 states, the District of Columbia and Puerto Rico have submitted EV infrastructure deployment plans as required under the National Electric Vehicle Infrastructure (NEVI) Formula Program established and funded by President Biden’s Bipartisan Infrastructure Law.
Maryland State Retirement and Pension System beats policy benchmark for the fiscal year by Kali Persall | Aug 16, 2022 The Maryland State Retirement and Pension System (MSRPS) has generated a modestly negative return of -2.97 percent, net of fees, for the fiscal year ending June 30, beating its policy benchmark of -3.48 percent.
Sacramento County Employees backs Ridgewood water and infrastructure fund by Kali Persall | Aug 16, 2022 Sacramento County Employees Retirement System (SCERS) has slated $50 million for the Ridgewood Water & Strategic Infrastructure Fund II, according to a recent investment report.
SUSI Partners acquires U.S. battery storage portfolio by RELEASED | Aug 16, 2022 SUSI Partners, through SETF, has secured a 100-megawatt portfolio of front-of-the-meter battery storage systems located in South Texas in partnership with SMT Energy.
Connor, Clark & Lunn Infrastructure and CarbonFree Technology close $360 million debt financing for Chilean solar portfolio by Denise Moose | Aug 16, 2022 Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) and CarbonFree Technology announce the closing of approximately $360 million in debt financing facilities for their portfolio of utility-scale solar projects located in Chile.
BlackRock Real Assets commits $1b to Australian battery development by Denise Moose | Aug 16, 2022 BlackRock announced a commitment to invest more than $1 billion to drive the build-out of 1 gigawatt of batteries across Australia as it seeks to tap into the surging need for electricity storage to support the shift to renewable energy, according to the Australian Financial Review.
CBRE announces enhanced focus on solar, battery storage as part of sustainability initiative by Denise Moose | Aug 15, 2022 CBRE Investment Management announced a sustainability initiative intended to scale the development of solar projects within its direct logistics portfolio, which now spans 17 countries worldwide and encompasses more than 600 assets, 200 million square feet and $30.2 billion assets under management.
HydrogenOne pours capital into hydrogen pipeline company by Kali Persall | Aug 12, 2022 HydrogenOne Capital Growth, the first LSE-listed investment fund dedicated to clean hydrogen, has invested £8.4 million ($10 million) in Strohm Holding, a private supply-chain company focused on the offshore wind-to-hydrogen sector.
Partnership announced for California federal infrastructure spending project by Kali Persall | Aug 12, 2022 The office of California Gov. Gavin Newsom has announced a partnership on a new project with California Forward (CA FWD) and former Los Angeles Mayor Antonio Villaraigosa.
Keppel, KIFM to acquire 50% stake in German offshore wind farm by Released | Aug 12, 2022 Keppel Corp. and Keppel Infrastructure Fund Management (KIFM) are jointly investing €305 million ($315 million) to acquire a 50.01 percent stake in a special-purpose vehicle (SPV) that holds 50 percent of Borkum Riffgrund 2 (BKR2), an offshore wind farm in Germany.
CPP Investments unveils slew of real assets commitments by Kali Persall | Aug 12, 2022 Canada Pension Plan Investment Board (CPP Investments) has disclosed several real assets commitments and reported a $16 billion decrease in net assets for the quarter ending June 30.
KOGAS to cut exposure to Indonesian LNG project by Kali Persall | Aug 11, 2022 Korea Gas Corp. (KOGAS) has plans to slash its exposure to the $2.8 billion Donggi-Senoro LNG (DSLNG) project in Indonesia when its long-term procurement contract expires in 2027.
EIB and UniCredit Bank to back energy-efficiency projects in Austria by Released | Aug 11, 2022 The European Investment Bank (EIB) and UniCredit Bank Austria are planning to support investments in small and medium-sized renewable energy and energy-efficiency projects in Austria.
Carlyle partners with Tillman Global Holdings, commits $1b to U.S. cell towers by Andrea Zander | Aug 10, 2022 Funds managed by Carlyle and its global infrastructure platform have committed up to $1 billion to partner with Tillman Global Holdings to accelerate its investments in Tillman Infrastructure, a privately held cell tower platform in the United States.
District of Columbia Retirement Board earmarks $150m for BlackRock infrastructure fund by Kali Persall | Aug 9, 2022 The District of Columbia Retirement Board (DCRB) has approved a commitment of up to $150 million to BlackRock Global Infrastructure Fund IV, pending legal review and final due diligence.
Rakiza secures $300m from Saudi Arabia’s Public Investment Fund by Kali Persall | Aug 9, 2022 Rakiza, a private-equity infrastructure fund co-managed by Oman Infrastructure Investment Management (OIM) and Equitix, has received a capital injection of $300 million from Saudi Arabia’s Public Investment Fund (PIF), one of the largest sovereign wealth funds in the world.
Texas TRS slates $450m for Brookfield, I Squared infra funds by Kali Persall | Aug 8, 2022 The Teacher Retirement System of Texas (Texas TRS) has committed $450 million to one new and one existing infrastructure manager, according to a recent investment report.
Octopus Energy, Nest join with GLIL to acquire stake in Hornsea One Wind Farm by Kali Persall | Aug 5, 2022 Octopus Energy Group’s generation business and Nest have teamed up with GLIL Infrastructure to acquire a stake in the 1.2-gigawatt Hornsea One Wind Farm, the world’s largest operational offshore wind farm, which is located off the coast of northeast England.
Australia’s NGS Super fund ditches oil and gas exploration and production companies by Kali Persall | Aug 5, 2022 Australia’s super fund, NGS Super, has announced plans to divest from oil and gas exploration and production companies.
TotalEnergies, Corio Generation, Qair team up for offshore wind bid by Released | Aug 5, 2022 A consortium consisting of TotalEnergies, Corio Generation and Qair has been pre-selected by the French Directorate General for Energy and Climate (DGEC) to participate in a competitive tender to develop two floating wind farms in the Mediterranean Sea.
U.S. DOE announces $26m to fund clean-energy program for America’s electricity grid by Kali Persall | Aug 4, 2022 The U.S. Department of Energy (DOE) has earmarked $26 million to fund projects that will demonstrate that America’s electricity grid can reliably run with a mix of solar, wind, energy storage and other clean distributed energy resources.
Greenalia moves forward with two onshore wind farms in Spain by Kali Persall | Aug 4, 2022 Renewable-energy producer Greenalia has advanced in the processing of two new onshore wind farms in Spain, totaling 75 megawatts.
Florida SBA puts $250m in transport, infra funds by Kali Persall | Aug 3, 2022 The State Board of Administration (SBA) of Florida has disclosed commitments to a transport fund and an infrastructure fund, on behalf of its strategic investments asset class.
Macomb County Retirement System retains AndCo Consulting for another five-year term by Kali Persall | Aug 3, 2022 The Macomb County (Mich.) Retirement System has retained AndCo Consulting as its investment consultant, abandoning the need for further interviews.
Greenbacker invests in energy-efficiency platform Renew Energy Partners by Andrea Zander | Aug 3, 2022 Greenbacker Development Opportunities Fund I has made a strategic growth investment in Boston-based Renew Energy Partners (RENEW), a nationwide distributed generation, microgrid and energy efficiency company.