SUSI Partners takes controlling stake in Encore Renewable Energy by Kali Persall | May 23, 2023 SUSI Partners has snapped up a controlling equity stake in Encore Renewable Energy, a clean-energy company specializing in the development, construction and operation of distributed and utility-scale solar photovoltaics (PV) and battery storage assets.
Carlton Power and Schroders Greencoat launch green hydrogen joint venture company by Kali Persall | May 23, 2023 Carlton Power and Schroders Greencoat plan to roll out the construction and operation of green hydrogen production schemes in the United Kingdom through a new joint venture company, Green Hydrogen Energy Company (GHECO).
Nuveen Infrastructure joins SolarPower Europe association by Kali Persall | May 23, 2023 Nuveen Infrastructure, one of the world’s largest fund managers investing in clean energy, has become the latest organization to join SolarPower Europe, which was recently ranked by InfluenceMap as the second leading E.U. association for climate policy engagement.
Cube Infrastructure Managers, Equitix acquire majority stake in RiverRidge by Kali Persall | May 23, 2023 Cube Infrastructure Managers and Equitix Investment Management have jointly acquired a majority stake in RiverRidge, a waste management and energy recovery organization in Northern Ireland.
Harrison Street and Toll Brothers sell 826-bed student housing community in Arizona by Kali Persall | May 23, 2023 Harrison Street and Toll Brothers, a builder of luxury homes, have announced the sale of Canvas Tempe, an 826-bed student housing community at Arizona State University, to University Partners. Financial terms were not disclosed.
Cbus Super announces merger with EISS by Kali Persall | May 23, 2023 Melbourne-based Cbus Super, one of Australia’s leading integrated property developers and investors, has completed its merger with Energy Industries Superannuation Scheme from Sydney, forming a $54 billion fund that serves 900,000 members.
Senior housing occupancy levels rise in April by Kali Persall | May 23, 2023 The senior housing all-occupancy rate increased to 83.5 percent in the April reporting period, up 0.3 percentage points (pps) from March and up 5.7 pps from the 77.8 percent low recorded in June 2021.
Swiss Life Asset Managers acquires majority stake in Powy by Kali Persall | May 22, 2023 A fund managed by Swiss Life Asset Managers has acquired a majority equity interest in Powy, an independent owner and operator of electric vehicle (EV)-charging infrastructure in Italy and Spain.
Manulife Investment Management acquires controlling stake in Serverfarm by Kali Persall | May 22, 2023 Manulife Investment Management has agreed to acquire a controlling interest in Serverfarm, a data center owner and operator, on behalf of the Manulife Infrastructure Fund II and its affiliates.
LS Power Equity Partners V picks up 3 U.S. pension funds by Kali Persall | May 22, 2023 LS Power Equity Partners V, an infrastructure fund managed by LS Power Group, recently captured $275 million of commitments from three U.S. pension funds.
Octopus Energy to inject nearly $2b in the Asia Pacific energy market by 2027 by Kali Persall | May 22, 2023 Octopus Energy, a global energy and technology group, has committed to invest £1.5 billion ($1.9 billion) in the Asia Pacific energy market by 2027.
ONEOK to acquire Magellan Midstream Partners in $18.8b transaction by Kali Persall | May 22, 2023 ONEOK and Magellan Midstream Partners have executed a definitive merger agreement, under which ONEOK will acquire all outstanding units of Magellan in a cash-and-stock transaction valued at $18.8 billion.
Maryland SRPS contributes $300m to Brookfield Infrastructure Fund V by Kali Persall | May 22, 2023 The $64.5 billion Maryland State Retirement and Pension System (SRPS) has invested $300 million in Brookfield Infrastructure Fund V (BIF V), a spokesperson for the pension fund confirmed in an email.
Chicago Municipal Employees’ Annuity & Benefit Fund rehires Marquette Associates as investment consultant by Kali Persall | May 22, 2023 The $3.8 billion Chicago Municipal Employees' Annuity & Benefit Fund has retained Marquette Associates as its investment consultant, according to a recent board meeting document.
Growing pains lie ahead for U.S. battery boom by Kali Persall | May 19, 2023 Although global energy storage firms are pivoting toward the U.S. battery market on the back of the Inflation Reduction Act (IRA), growing pains lie ahead, according to a new report, Taking Charge: Inside the U.S. Battery Boom, from U.S. law firm Troutman Pepper.
