Michael Weinstein joins Spearmint Energy as a senior vice president and head of investor relations by Kali Persall | Jan 14, 2025 Spearmint Energy, a next-generation clean-energy company specializing in battery energy storage, has hired Michael Weinstein as senior vice president and head of investor relations.
StepStone closes its inaugural commingled infrastructure fund at more than $1b by Kali Persall | Jan 14, 2025 StepStone Group has announced the final closing of its inaugural infrastructure co-investment fund, StepStone Infrastructure Co-Investment Partners 2022 (SICP), raising approximately $1.2 billion, with an additional $200 million raised in related separate accounts.
Prostar Capital brings hydrogen fuel cell power-generation facilities online in South Korea by Kali Persall | Jan 14, 2025 Prostar Capital has commenced operations at the first two of seven hydrogen fuel cell (HFC) power-generation facilities, as part of the Changwon Green Energy Project in South Korea.
Michigan Office of Retirement services commits $100m to fifth KKR Global Infrastructure Fund by Elise Mackanych | Jan 14, 2025 Michigan Office of Retirement Services has committed $100 million to KKR Global Infrastructure Investors V, a program of KKR.
Blackstone backs data intelligence platform DDN with $300m investment by Kali Persall | Jan 13, 2025 Blackstone has invested $300 million via its tactical opportunities business in DDN, an AI and data intelligence company, at a $5 billion valuation.
QIC sells Northeastern University’s parking operator to JLC Infrastructure by Kali Persall | Jan 13, 2025 QIC has successfully divested MasParc and Mobility, the exclusive operator of the parking system at Northeastern University, to JLC Infrastructure.
ArcLight announces $500m investment by ADIA in AlphaGen power infrastructure platform by Kali Persall | Jan 13, 2025 A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) has plans to make a $500 million minority investment in AlphaGen, a power infrastructure portfolio owned by affiliates of ArcLight Capital Partners.
Apollo to acquire Argo Infrastructure Partners by Kali Persall | Jan 13, 2025 Apollo, a high-growth, global alternative asset manager, has announced that it will acquire Argo Infrastructure Partners, a mid-market asset manager targeting essential infrastructure assets in North America, in a stock and cash transaction.
Illinois FPIF commits $80m to two infrastructure funds by Elise Mackanych | Jan 13, 2025 The Illinois Firefighters’ Pension Investment Fund (FPIF) has committed a total of $80 million to two infrastructure funds: Global Infrastructure Partners V and Stonepeak Infrastructure Fund V.
Market cap of Asia Pacific’s top 50 firms hits $8t in 2024, led by tech giants amid economic uncertainty by Released | Jan 10, 2025 The combined market capitalization of the top 50 companies in the Asia Pacific region surged to $8.1 trillion in 2024, reflecting a 20.6 percent year-on-year increase, according to GlobalData, a data and analytics company.
Blackstone locks in $1b for infra fund designed for individual investors by Kali Persall | Jan 10, 2025 Blackstone Infrastructure Strategies (BXINFRA), a Blackstone-sponsored fund that seeks to provide qualified individual investors access to Blackstone’s premier infrastructure platform, has raised more than $1 billion, according to a recent SEC filing.
KKR, PSP Investments pay $3b for stake in two AEP transmission companies by Kali Persall | Jan 10, 2025 KKR and the Public Sector Pension Investment Board (PSP Investments) have formed a 50-50 strategic partnership to acquire a 19.9 percent interest in American Electric Power’s Ohio and Indiana & Michigan transmission companies for $2.82 billion.
EverWind submits clean hydrogen ITC for Point Tupper Green Ammonia Project in Canada by Released | Jan 10, 2025 EverWind has completed and submitted the Clean Hydrogen Investment Tax Credit Clean Hydrogen Project Property Plan for its Point Tupper Green Ammonia Project Phase I to Natural Resources Canada (NRCan).
KPPA considers investing $100m in ITE Rail Fund by Elise Mackanych | Jan 10, 2025 Kentucky Public Pensions Authority (KPPA) is considering a $100 million investment in the ITE Rail Fund, a fund managed by Industrial Transportation Equipment.
Fortress acquires 850MW energy generation portfolio from APR Energy by Kali Persall | Jan 9, 2025 Fortress Investment Group has acquired a portfolio of energy generation assets from APR Energy. The assets include 30 mobile gas-powered turbines and related balance-of-plant inventory with a combined energy generation capacity of 850 megawatts.
