Prysmian to acquire Encore Wire in €4b deal by Kali Persall | Apr 18, 2024 Encore Wire has signed a definitive merger agreement to be acquired by Prysmian, a multinational company in Italy specializing in the production of electrical cable for use in the energy and telecom sectors and for optical fibers. Prysmian will pay $290 per share in cash to Encore Wire, implying an enterprise value of €3.9 billion ($4.15 billion) for the company.
GIP to sell 50% stake in Scotland’s busiest airport for $1.6b by Kali Persall | Apr 18, 2024 Global Infrastructure Partners has entered into a binding agreement to sell a 50.01 percent stake in Edinburgh Airport to VINCI Airports for £1.27 billion ($1.6 billion).
Natixis CIB leads $1.27b construction financing of four renewable-energy projects for Invenergy by Released | Apr 18, 2024 Natixis Corporate and Investment Banking (Natixis CIB) has closed a series of financings amounting to $1.27 billion to support the development and construction of Invenergy's renewable power projects in Kansas and Texas.
Keppel DC REIT unlocks $112m from divestment of Sydney data center at 35% premium over valuation by Released | Apr 18, 2024 Keppel DC REIT Management has entered into a sale-and-purchase agreement to divest its 100 percent freehold interest in Intellicentre Campus in Sydney at an agreed value of A$174.0 million ($11.7 million) to Macquarie Data Centres Macquarie Park Property SubTST.
DC Advisory advises abrdn on refinancing of Oikos Storage by Kali Persall | Apr 17, 2024 International investment bank DC Advisory has advised abrdn, a global investment company and asset manager, on the refinancing of its portfolio company, Oikos Storage, a significant storage terminal on Canvey Island in England.
Macquarie Green Energy and Climate Opportunities Fund acquires six companies and projects by Released | Apr 17, 2024 Macquarie Asset Management has agreed for Macquarie Green Energy and Climate Opportunities Fund to acquire a portfolio of six solar, wind, energy storage and natural climate solutions investments.
Blackstone’s QTS to buy former Britishvolt site for new data center by Andrea Zander | Apr 17, 2024 Blackstone plans to buy the former site of Britishvolt, a failed battery startup in northeast England, for £110 million (€129 million /$137 million), according to media outlets.
Arevon Energy, MCE sign offtake agreement for 250MW energy-storage project in California by Released | Apr 17, 2024 Arevon Energy, a renewable-energy developer, owner and operator, has signed a long-term tolling agreement with electricity provider MCE for 188 megawatts of the Cormorant Energy Storage Project.
Pioneer Point Partners acquires Italian energy-efficiency service provider Simet by Kali Persall | Apr 17, 2024 Pioneer Point Partners, a sustainable infrastructure investment firm, has announced the eighth investment from its maiden institutional fund, Pioneer Infrastructure Partners.
Masdar to acquire 50% stake in Terra-Gen from Energy Capital Partners by Kali Persall | Apr 17, 2024 Abu Dhabi Future Energy Company PJSC – Masdar signed a definitive agreement to acquire a 50 percent stake in Terra-Gen Power Holdings II from Energy Capital Partners.