Texas Municipal Retirement commits $150m to SDC digital infrastructure fund by Lewis Dayton | Jul 3, 2024 The Texas Municipal Retirement System (TMRS) has committed $150 million to SDC Digital Infrastructure Opportunity Fund IV, a recent meeting document shows.
Private markets investment in infrastructure is needed as societies navigate an evolving world by Kali Persall | Jul 2, 2024 BlackRock recently published a new report, The New Infrastructure Blueprint, outlining the opportunity and need for private markets investment in infrastructure as societies navigate an evolving world requiring significant infrastructure development.
EIG Pearl completes $11b senior debt refinancing program by Kali Persall | Jul 2, 2024 EIG Pearl, a holding company formed and managed by EIG, has completed an approximately $11.2 billion senior debt refinancing program.
Illinois Police Officers hires deputy CIO by Lewis Dayton | Jul 2, 2024 Greg Turk has joined the Illinois Police Officers’ Pension Fund as its deputy CIO, multiple media sources reported.
Pennsylvania State Employees commits $100m to IPI Partners Fund III by Lewis Dayton | Jul 2, 2024 The Pennsylvania State Employees’ Retirement System (PennSERS) has committed $100 million to IPI Partners III, a recent news release from PennSERS shows.
Data center investment on the rise in Europe despite power shortages across the continent by Released | Jul 2, 2024 The need for data center space to house equipment dedicated to artificial intelligence (AI) and cloud services is driving Europe’s largest colocation data center markets to new heights, despite power shortages across the continent, according to a new report from CBRE.
EIB backs €271m financing scheme in Egypt by Kali Persall | Jul 1, 2024 The European Investment Bank (EIB Global) has announced support for a €271 million ($290 million) financing scheme to enable industrial companies across Egypt to cut pollution, improve energy efficiency, increase renewable-energy use, scale up circular economy business practices and strengthen environmental standards.
BlackRock’s Climate Infrastructure business announces solar partnership with Google in Taiwan by Kali Persall | Jul 1, 2024 BlackRock’s Climate Infrastructure business has announced an innovative partnership with Google in Taiwan, through which the tech giant will make capital investment in BlackRock’s portfolio company New Green Power (NGP).
CTP to deliver largest photovoltaic rooftop project in the Czech Republic by Released | Jul 1, 2024 CTP has completed the construction of the largest photovoltaic project in the Czech Republic.
SENCO Hydrogen Capital injects €20m investment into Strohm by Released | Jul 1, 2024 SENCO Hydrogen Capital has completed a €20 million ($21 million) investment in Strohm, a Dutch company specializing in the development and manufacture of innovative pipelines for the conventional and renewable-energy sectors.
A midyear review — Six key themes dominating the U.S. green energy market in 2024 by Alex Brierley | Jul 1, 2024 The renewable energy sector in the United States has had a robust first half of 2024. There has been increased transaction activity, innovative financing solutions and improved clarity on regulations. This comes off a pivotal 2023 as the Inflation Reduction Act (IRA) began to take effect after being passed in summer 2022.
How stakeholders are navigating risks and vulnerabilities in the U.S. power grid by Gordon Feller | Jul 1, 2024 In its current state, due to years of chronic underinvestment, the U.S. power grid creates a plethora of risks for insurers and other stakeholders. The American Society of Civil Engineers (ASCE) gave the nation’s energy system a C- grade three years ago in its latest Report Card for America’s Infrastructure. (That was up from a D+ in the previous report.)
NAV financing gains popularity among infra investors seeking liquidity by Beth Mattson-Teig | Jul 1, 2024 Fund managers and investors that are hungry for alternative capital sources are exploring net asset value (NAV) financing. Although NAV loans have been around for nearly two decades in the private equity sector, interest for the vehicle has been growing among infrastructure investors during the past four years.
The uncertain future of offshore wind by Lewis Dayton | Jul 1, 2024 It is becoming clear for the United States to reach its decarbonization target of net-zero emissions by 2050, a robust offshore wind sector will be an important piece of the puzzle.
VIP Infrastructure 2024 sparks conversations about the IRA, election implications and governance red flags by Kali Persall | Jul 1, 2024 On June 5–7, the infamous Watergate Hotel in Washington, D.C., played host to IREI’s 2024 VIP Infrastructure conference, which counted around 140 investors, managers and consultants focused on the future of infrastructure development among its attendees.