How biotechs can scale faster amid industry challenges by Released | Oct 25, 2022 Since 2013, scaling biotech companies — early-stage and fast-growing companies — have brought two-thirds of new therapies to market, and, with billions of dollars of capital deployed into the life sciences sector, the opportunities for positive clinical impact are larger than ever before.
Advanced Power closes $60m capital facility by Kali Persall | Oct 24, 2022 Advanced Power, a privately owned, global developer, manager and owner of modern power infrastructure, has closed a $60 million capital facility through Crédit Agricole Corporate and Investment Bank (CIB).
CDPQ backs Japan’s Shizen Energy with $135m initial investment by Kali Persall | Oct 24, 2022 CDPQ has made a JPY 20 billion ($137 million) investment in Shizen Energy, a renewable-energy leader in Japan, to help the company accelerate its ongoing renewable power plant-development activities, business-enhancement initiatives in energy digitalization and human-capital expansion in key markets.
Oglethorpe Power to acquire two combustion turbine units at 660 MW Washington County Power facility by Kali Persall | Oct 24, 2022 Oglethorpe Power Corp., one of the largest power-supply cooperatives in the United States, has entered into a purchase-and-sale agreement to acquire two generating units at Washington County Power, a four-unit, 660-megawatt, combustion turbine generation and transmission facility located in Sandersville, Ga.
Montreal light-rail system delayed to spring 2023 by Kali Persall | Oct 24, 2022 CDPQ Infra will delay the opening of a $5 billion light-rail system in Montreal due to “exceptional and unpredictable events,” according to Bloomberg.
United Living Group awarded $34m contract for full-fiber rollout in England by Kali Persall | Oct 24, 2022 United Living Group, a provider of infrastructure, housing and property services, has secured a £30 million ($34 million) contract from CityFibre as part of a program to roll out its full-fiber network across the city of Sunderland, England.
TSC Real Estate acquires senior living facility in Germany by Kali Persall | Oct 24, 2022 TSC Real Estate has acquired the KRÜGER Haus Halberstadt senior-living facility, located in Germany, from a private investment company.
Goldman Sachs launches Chinese infrastructure RE JV by Andrea Zander | Oct 24, 2022 Goldman Sachs has launched a joint venture in China with local logistics company Sunjade to invest in Chinese logistics and infrastructure real estate assets, reported Reuters.
Student housing keeps record-breaking year by Andrea Zander | Oct 24, 2022 The student housing industry continued to ride healthy demand and strong fundamentals to another record-breaking performance in third quarter and 2022 overall, according to the new quarterly National Student Housing Report from Yardi® Matrix.
Oxford Properties expands presence in San Diego life science market by Released | Oct 24, 2022 Oxford Properties Group announced the purchase and long-term lease back of Ionis Pharmaceuticals, an 18.4-acre life science campus and corporate headquarters. Ionis is a publicly traded biotech company.
Starboard Value acquires minority stake in Vertiv by Kali Persall | Oct 21, 2022 Starboard Value, a New York-based investment adviser, has acquired a 7.4 percent minority stake in data center vendor Vertiv, according to Datacenter Dynamics.
Ørsted sells 50% stake in 862MW U.S. renewable portfolio by Kali Persall | Oct 21, 2022 Ørsted, a Danish operator of offshore and onshore wind farms, solar farms, energy storage facilities and bioenergy plants, has sold a 50 percent ownership stake in a U.S. renewable portfolio.
Sempra Infrastructure announces final EPC contract with Bechtel for Port Arthur LNG project by Released | Oct 21, 2022 Sempra Infrastructure has announced that Port Arthur LNG and Bechtel Energy have amended and restated the fixed-price engineering, procurement and construction (EPC) contract for the proposed phase 1 liquefaction project under development in Jefferson County, Texas. The amended contract includes an updated price of approximately $10.5 billion.
Data center construction fraught with challenges by Released | Oct 21, 2022 Data center construction is facing record-breaking inflation amid delays to materials deliveries and competition for skilled labor from large-scale advanced manufacturing projects, according to research from Turner & Townsend.
BBGI Global Infrastructure cancels purchase of 25% stake in Canadian hospital by Kali Persall | Oct 21, 2022 BBGI Global Infrastructure, a publicly listed investment company dedicated to infrastructure investments, has decided to shelve its conditional agreement to acquire a 25 percent interest in Center Hospitalier de l'Université de Montréal (CHUM), a hospital in Montreal, Québec, Canada.
