Blackstone becomes first $1t private equity manager by Andrea Zander | Jul 21, 2023 Blackstone is the first alternative investment firm to reach $1 trillion in assets under management, up from $940.8 billion a year earlier.
David Bicarregui steps into CFO, executive director roles at ICG by Kali Persall | Jul 21, 2023 Intermediate Capital Group (ICG), the global alternative asset manager, has appointed David Bicarregui CFO and an executive director.
Denham Capital signs Brazilian renewable-energy deal with Equinor by Kali Persall | Jul 21, 2023 Denham Capital has penned an agreement to sell Rio Energy assets, the Rio Energy trade name, and the management-team platform to Equinor. Financial terms were not disclosed.
BOEM to lead first offshore wind-lease sale in the Gulf of Mexico by Kali Persall | Jul 21, 2023 The Biden-Harris Administration has announced the first offshore wind-lease sale in the Gulf of Mexico.
ACWA Power to deliver 10GW wind project in Egypt by Kali Persall | Jul 21, 2023 Saudi-listed ACWA Power has signed an agreement with the New and Renewable Energy Authority (NREA) to allocate land for a 10-gigawatt wind project in Egypt.
enCore Energy sells Marquez-Juan Tafoya Uranium Project to Anfield Energy by Kali Persall | Jul 21, 2023 enCore Energy has sold the Marquez-Juan Tafoya Uranium Project to Anfield Energy.
Energy storage market soars as alternative power sources grow in popularity by Kali Persall | Jul 20, 2023 Amid the rising focus on alternative power sources, as well as increasing costs of electricity, the global energy storage market is growing, with capacity expected to reach 410,543 megawatts by 2030, according to a report from P&S Intelligence.
KGAL invests €1.3b on behalf of KGAL ESPF 4, plans additional close for successor fund by Kali Persall | Jul 20, 2023 KGAL has completed the investment phase for its KGAL ESPF 4 green energy fund, with a total of €1.3 billion ($1.4 billion) invested.
Macquarie Asset Management consortium expands interest in U.K.’s National Gas by Kali Persall | Jul 20, 2023 A consortium led by Macquarie Asset Management has forged an agreement with National Grid to increase its equity interest in National Gas, which operates the United Kingdom’s 7,600-kilometer (4,722-mile) national transmission system, to 80 percent.
TotalEnergies, GIP and NextDecade to develop phase 1 of Rio Grande LNG project by Kali Persall | Jul 20, 2023 TotalEnergies, Global Infrastructure Partners (GIP), NextDecade Corp. and their partners, GIC and Mubadala, have reached a final investment decision to develop phase 1 of Rio Grande LNG (RGLNG) in South Texas.