Fed continues interest-rate cuts by Jennifer Molloy | Nov 12, 2024 The U.S. Federal Open Market Committee (FOMC) cut interest rates by an additional 25 basis points at its Nov. 7 meeting, providing it with flexibility as the labor market cools amid lower inflation, according to Barrons.
Bloom Energy announces world’s largest fuel cell installation in history by Released | Nov 8, 2024 Bloom Energy, a company specializing in solid oxide fuel cell generation (SOFC) and solid oxide fuel cell electrolyzer (SOEC) technologies, has announced a landmark project to deliver fuel cells to the largest single-site installation in South Korea’s history.
InfraVia Capital Partners pens purchase agreement for majority stake in Italy’s Green Utility by Kali Persall | Nov 8, 2024 InfraVia Capital Partners has entered into a purchase agreement to acquire a majority stake in Green Utility, a solar PV platform focusing on distributed generation and self-consumption for commercial and industrial (C&I) clients in Italy.
Veolia to deliver AI-operated waste-to-energy plant in France by Kali Persall | Nov 8, 2024 Veolia has forged a 25-year strategic partnership with SYTTOM 19 for a public service delegation involving the construction and management of a new waste-to-energy plant in Saint-Pantaléon-de-Larche, France.
Schroders promotes Tom Darnowski to CEO Americas by Kali Persall | Nov 8, 2024 Schroders, a global investment manager that provides active asset management, wealth management and investment solutions, has promoted Tom Darnowski to CEO Americas, starting Jan. 1.
Executives brace for economic, political and regulatory risks in the U.S. by Kali Persall | Nov 7, 2024 PwC’s October 2024 Pulse Survey discovered executives were anticipating economic, political and regulatory risks ahead, regardless of the 2024 U.S. presidential election results.
Ares Management Corp. expects to close infra secondaries fund at $400m soon by Kali Persall | Nov 7, 2024 During its third quarter earnings call, Ares Management Corp. revealed it is actively scaling the third vintage of its infrastructure secondaries fund and expects to raise nearly $400 million soon.
I Squared’s Cube Green Energy joins forces with SUNfarming to fund future growth by Released | Nov 7, 2024 I Squared Capital announced that its renewables platform Cube Green Energy has signed an agreement to acquire control of SUNfarming, a German photovoltaic (PV) developer and independent power producer with a focus on solar projects on agricultural land, known as “Agri-PV.”
CapitaLand Investment raises S$261 million from Mitsui O.S.K. Lines for its Southeast Asia, India funds by Kali Persall | Nov 7, 2024 CapitaLand Investment (CLI) has secured S$261 million ($198 million) of capital commitment from a new Japanese capital partner, Mitsui O.S.K. Lines (MOL), for its private funds in Southeast Asia and India.
U.S. GDP in Q3 slows but remains strong by Denise Moose | Nov 7, 2024 U.S. GDP increased by 2.8 percent on an annualized basis in third quarter 2024 (advance estimate), down from 3 percent in second quarter and below market expectations of 3.1 percent.
Equitix picks up minority stake in Cornerstone Telecommunications Infrastructure by Released | Nov 6, 2024 Equitix has acquired an 8.3 percent minority stake in mobile tower joint venture Cornerstone Telecommunications Infrastructure from Virgin Media O2.
Infranity expands into North American market by Kali Persall | Nov 6, 2024 Infranity, a global infrastructure specialist investor that is part of Generali Investments, has strategically expanded into North America, opening a first office in New York.
Standard Chartered and BII renew $350m commitment to support emerging markets in Africa and South Asia by Released | Nov 6, 2024 Standard Chartered, an international cross-border bank, and British International Investment (BII), the United Kingdom’s development finance institution (DFI) and impact investor, have signed a $350 million risk participation agreement.
Brookfield snaps up four of Ørsted’s U.K. wind farms for $2.3b by Kali Persall | Nov 6, 2024 Brookfield and its listed affiliate Brookfield Renewable have plans to acquire a 12.45 percent minority stakes in four of Ørsted’s operational U.K. offshore wind farms: Hornsea 1, Hornsea 2, Walney Extension and Burbo Bank Extension, which have a combined total capacity of approximately 3.5 gigawatts.
EPC contractor selected for Texas LNG project by Kali Persall | Nov 6, 2024 Kiewit has been chosen to lead the engineering, procurement and construction of Texas LNG Brownsville, a 4 million tonnes per annum (MTPA) LNG export terminal to be constructed in the Port of Brownsville, Texas, under a lump-sum turnkey structure.
