In widely expected move, Fed increases rates by 0.25% by Loretta Clodfelter | Jul 27, 2023 The Federal Open Market Committee raised the target federal funds rate by 25 basis points to a range of 5.25 percent to 5.5 percent at its meeting July 26.
Balfour Beatty acquires student housing portfolio in Tallahassee by Released | Jul 27, 2023 Balfour Beatty announced that it has acquired a 168-unit/592-bed student housing community in Tallahassee, Fla.
HIH Invest acquires new daycare center in Germany by Kali Persall | Jul 26, 2023 HIH Invest has acquired a new German-Chinese daycare center in Bremen, Germany, for its open-ended institutional fund HIH Zukunft Invest.
Hero Future Energies pens renewable agreements with REC, PFC by Kali Persall | Jul 26, 2023 Hero Future Energies (HFE), an independent power-producer with a presence across multiple states in India, Bangladesh, Vietnam, Singapore, Ukraine and the United Kingdom, has signed two renewable-energy agreements with REC and PFC.
IFC supplies €20m financing package for airport refurbishment in Africa by Kali Persall | Jul 26, 2023 IFC has announced a sustainability-linked €20 million ($22 million) financing package for Cabo Verde Airports, a subsidiary of VINCI Airports, to improve the infrastructure at Cabo Verde’s seven airports in Africa and help them to reduce greenhouse gas emissions.
Spearmint Energy moves forward with 300MWh battery-energy storage project by Kali Persall | Jul 26, 2023 Spearmint Energy, a next-generation renewable-energy company, has commissioned activities at its 300-megawatt-hour battery-energy storage (BESS) project, Revolution, for Texas’ ERCOT power market.
TotalEnergies to buy out Total Eren for €1.5b by Released | Jul 26, 2023 TotalEnergies has plans to buy out Total Eren’s other shareholders, increasing its stake from close to 30 percent to 100 percent. The Total Eren teams will be fully integrated within TotalEnergies’ Renewables business unit.
GIC plans for $704m investment to data center in Seoul by Andrea Zander | Jul 26, 2023 Singapore sovereign wealth fund GIC will team with domestic institutional investors and other partners to build a $704 million data center located in Goyang City, Gyeonggi Province, Seoul.
MassMutual backs Low Carbon with $511m capital injection by Kali Persall | Jul 25, 2023 Massachusetts Mutual Life Insurance Company (MassMutual) has pumped a £400 million ($511 million) capital investment into Low Carbon.
Clay McCoy joins Campbell Lutyens as a managing director by Kali Persall | Jul 25, 2023 Campbell Lutyens has appointed Clay McCoy as a managing director in the firm’s secondary advisory practice.