Stellantis, DTE Energy add 400MW of solar in Michigan by Kali Persall | Dec 12, 2022 Stellantis, a mobility provider and one of the world’s leading automakers, and DTE Energy, Michigan’s largest producer of and investor in renewable energy, have committed to adding 400 megawatts of new solar projects in Michigan.
EQT Future and consortium invest in SHL Medical by Kali Persall | Dec 12, 2022 EQT Future, EQT’s new impact-driven longer-hold investment strategy, and ATHOS have invested in SHL Medical alongside a consortium of other coinvestors.
Global cumulative stationary BESS capacity to exceed 2TWh by 2033 by Released | Dec 12, 2022 Battery demand for stationary energy storage is set to grow in line with an increasing number of renewable-energy resources being added to electricity grids globally, alongside pressure from governments and states to reach targets pertaining to renewable-energy generation and energy storage, according to a new report from IDTechEx titled Batteries for Stationary Energy Storage 2023–2033.
Growing student housing demand and construction costs lead universities to get creative by Andrea Zander | Dec 12, 2022 Quality student housing and other amenities have proven to be key considerations for attracting and retaining top students at colleges and universities, according to JLL.
Petya Nikolova promoted to deputy CIO, head of infra investments in New York City by Kali Persall | Dec 12, 2022 Petya Nikolova has stepped into the role of deputy CIO and head of infrastructure investments at the New York City Bureau of Asset Management.
Bernhard Capital Partners establishes national network for engineering and consulting firms by Kali Persall | Dec 12, 2022 Bernhard Capital Partners has established a dedicated Department of Energy (DOE) services platform through the recent acquisitions of Boston Government Services (BGS) and Sterling Engineering & Consulting Group (SE&C). Financial terms of the transactions were not disclosed.
Schroders top 10 predictions for 2023: Favors short-duration high-yield bonds, Hong Kong and mainland Chinese equities, clean energy by Released | Dec 12, 2022 Over the course of 2022, global asset returns are among the worst on record, and challenges have persisted, according to Schroders in its report of 10 predictions for 2023 across various asset classes, which highlights the importance of a dynamic asset allocation and diversification investment approach in the face of economic headwinds.
Border to Coast allocates more than $1b of capital to major infrastructure players by Kali Persall | Dec 9, 2022 Border to Coast Pensions Partnership has backed a series of funds managed by some of the world’s-largest infrastructure managers, including Brookfield, KKR, iCON Infrastructure, DigitalBridge and Blackstone.
RWE acquires East Celtic Wind Farm project off the Irish coast by Kali Persall | Dec 9, 2022 RWE has acquired Irish company Western Power Offshore Developments, which is in the early stages of developing the East Celtic Wind Farm project off the coast of Ireland. Financial terms were not disclosed.
GM and LG Energy Solution JV invests $275m to expand battery-cell manufacturing plant in Tennessee by Kali Persall | Dec 9, 2022 Ultium Cells, a joint venture of LG Energy Solution and General Motors, will expand its Spring Hill, Tenn., battery-cell manufacturing operations to increase its capacity from 35 gigawatt-hours to 50 gigawatt-hours.
ArcLight Capital Partners adds managing director, investor relations by Kali Persall | Dec 9, 2022 Yokasta Segura-Baez has joined ArcLight Capital Partners as a managing director, investor relations.
AES Brasil takes ownership of three wind farms in Brazil by Kali Persall | Dec 9, 2022 AES Brasil Energia has acquired three wind farms with a combined installed capacity of 455.9 megawatts, spread throughout three different Brazilian states.
NineDot Energy receives $85m financing package for battery-storage projects in New York City by Kali Persall | Dec 9, 2022 CIT has helped arrange $85 million of construction-to-term debt financing for NineDot Energy, a portfolio company of the global investment firm Carlyle Group.
Eni Plenitude to acquire PLT, strengthen its presence in Italy and Spain by Kali Persall | Dec 9, 2022 Eni Plenitude has signed an agreement to acquire the entire capital of PLT (including PLT Energia, SEF and their respective subsidiaries and affiliates), an integrated Italian group producing electricity from renewables and supplying energy to retail customers.
Adani Green Energy becomes world’s largest wind-solar hybrid power developer by Kali Persall | Dec 9, 2022 Adani Green Energy Ltd. (AGEL), the renewables arm of the Adani Group, has commissioned its third wind-solar hybrid power plant, representing a combined operational generation capacity of 450 megawatts, in Jaisalmer, Rajasthan, in India.
