Mid-year life science report: How slowdowns in funding are shifting but not stopping growth in the sector by Andrea Zander | Aug 24, 2022 While life science venture capital funding declined 18.5 percent year-over-year to $20.8 billion in first half 2022, that level of funding is still greater than every full-year amount prior to 2018, according to a report released by Newmark, 2022 Mid-Year Life Science Overview & Market Clusters.
Shell mulls wind power expansion in Australia by Kali Persall | Aug 23, 2022 Shell is considering expanding its wind power business in Australia as part of a push to diversify away from fossil fuels, according to Bloomberg.
Intel pens agreement with Brookfield for chip factory investment by Kali Persall | Aug 23, 2022 Intel Corp. has signed a definitive agreement with the infrastructure affiliate of Brookfield Asset Management to invest in chip factories.
Daily U.S. electricity generation from natural gas hit a record in mid-July by Released | Aug 23, 2022 In the U.S. lower 48 states, electric power generated by natural gas-fired power plants reached 6.37 million megawatt hours on July 21, according to the U.S. Energy Information Administration (EIA)’s Hourly Electric Grid Monitor.
Leaders take steps to spur renewable-energy investment in Africa by Kali Persall | Aug 23, 2022 Investments in African clean energy must grow sixfold in order to spur renewable development, and multilateral development banks have been implored to increase concessional finance flows to energy and adaptation in the country.
KKR and GCM Grosvenor execute significant structured investment in Arevia Power by Kali Persall | Aug 23, 2022 KKR has led a significant structured investment in Arevia Power, a U.S. renewable energy developer, with strategic participation by GCM Grosvenor.
Peakside and Partners Group sell Omega asset to University Hospital Essen by Andrea Zander | Aug 23, 2022 A joint venture between investment manager Peakside Capital Advisors AG and the global private markets investment manager Partners Group, on behalf of its clients, has sold an office building from the former Omega portfolio to University Hospital Essen (Universitätsklinikum Essen). The parties agreed not to disclose the purchase price.
Railpen enters Oxford life sciences market with life sciences acquisition by Kali Persall | Aug 23, 2022 Railpen has acquired a life sciences asset in Oxford for £29 million ($34 million) from AEW.
Ares infrastructure strategy acquires majority stake in Atlas Crane Service by Kali Persall | Aug 23, 2022 A fund managed by Ares Management’s infrastructure opportunities strategy has acquired a controlling stake in Atlas Crane Service, a full-service crane rental company that primarily serves the wind industry.
New Energy Solar sells 606MW solar portfolio in the United States by Kali Persall | Aug 23, 2022 Australia’s New Energy Solar has agreed to sell its 606-megawatt U.S. solar portfolio to MN8 Energy, a Goldman Sachs subsidiary.