Eni Sustainable Mobility forms biorefinery JV with PBF Energy by Kali Persall | Feb 17, 2023 Eni Sustainable Mobility and PBF Energy Inc. have agreed to partner in a 50-50 joint venture — dubbed St. Bernard Renewables (SBR) — for the under-construction biorefinery colocated with PBF's Chalmette Refinery in Louisiana.
I Squared Capital acquires majority stake in Whistler Pipeline system by Kali Persall | Feb 16, 2023 I Squared Capital has acquired a controlling interest in the Whistler Pipeline, a natural gas infrastructure system connecting the Permian Basin’s growing natural gas supply to LNG, Mexico and Gulf Coast demand.
Kotak Alternate Assets secures $590m for data center fund by Kali Persall | Feb 16, 2023 Kotak Alternate Assets, an arm of the Kotak Mahindra Bank, has completed the first closing of its Kotak Data Centre Fund at $590 million, according to multiple news sources. The fund is seeking to raise a total of $800 million.
Lotus Infrastructure Partners launches hydrogen subsidiary by Kali Persall | Feb 16, 2023 Lotus Infrastructure Partners, formerly known as Starwood Energy, has launched NeuVentus, a newly established platform focused on developing and delivering hydrogen pipeline transportation and salt cavern hydrogen-storage projects in North America.
Blackstone principal vacates role on infrastructure team by Kali Persall | Feb 16, 2023 Greg Stamas, a former principal at Blackstone, has left the company after five years.
AvSuper and Australian Retirement Trust mull merger agreement by Kali Persall | Feb 16, 2023 AvSuper and Australian Retirement Trust (ART) have inked a memorandum of understanding, exploring a merger of the two Australian superannuation funds. The agreement will kick off a due diligence period.
AXIS Capital outlines greenhouse-gas reduction goals by Kali Persall | Feb 16, 2023 AXIS Capital has committed to a 50 percent absolute reduction of Scope 1 and 2 greenhouse-gas emissions across its global operations by 2030.
Ford to build $3.5b electric vehicle battery plant in Michigan by Andrea Zander | Feb 16, 2023 Ford Motor Co. has plans to build a $3.5 billion factory, BlueOval Battery Park Michigan, in Michigan. It will add a second battery technology to Ford’s electric vehicle (EV) lineup.
Centerline Communications acquires Canada’s Pearson Pelletier Telecom by Kali Persall | Feb 15, 2023 Centerline Communications, a portfolio company of Audax Private Equity, is joining forces with Pearson Pelletier Telecom (PPT) in a strategic acquisition that will support increased demand for fiber and wireless networks across the combined company’s blue-chip customer base.
FirstEnergy subsidiary connects largest landfill solar project in North America to the grid by Released | Feb 15, 2023 Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp., has completed a grid connection for a 19.8-megawatt solar project located at a former landfill in Mount Olive, N.J. that is now delivering clean energy through FirstEnergy's transmission lines.