Sembcorp provides update on sale of waste-management unit by Kali Persall | May 10, 2023 Sembcorp clarified in a May 10 filing that it has not entered into any definitive agreements to sell its waste and recycling-management unit.
KGAL enters solar JV with Polish developer Lasuno by Kali Persall | May 10, 2023 KGAL Investment Management is forming a joint venture with Polish project developer Lasuno to develop four large solar parks with a total capacity of more than 200 megawatts in Poland.
U.S. passenger rail projects finally get some traction by Mike Consol | May 10, 2023 The United States has not been a transportation leader in passenger rail for a long time, let alone set technology standards in the space, but Andy Kunz, founder and president of the US High Speed Rail Association, says major progress is being made on the domestic front.
Bill Gates goes nuclear with Wyoming pilot project by Mike Consol | May 10, 2023 Bill Gates is looking to prove a couple of points. Point No. 1: A new generation of nuclear power plants designed by TerraPower — the company he founded and for which he serves as chairman — will be safer, cheaper and produce less radioactive waste. Point No. 2: Next-gen nuclear-generation stations can replace decommissioned coal plants and offer employment opportunities to coal workers who would otherwise lose their jobs.
NZ Super Fund CEO to step down by end of year by Kali Persall | May 9, 2023 Matt Whineray, CEO of the A$60 billion ($40 billion) NZ Super Fund, has announced plans to resign by the end of the year.
UniSuper acquires Vantage Towers stake in $661m deal by Kali Persall | May 9, 2023 UniSuper, A$115 billion ($76 billion) Australian superannuation fund, has acquired a 5 percent indirect stake in Vantage Towers in an A$1 billion ($661 million) deal. This acquisition is UniSuper's first direct unlisted infrastructure investment in Europe.
BlackRock’s CFP signs renewables partnership with CleanTech by Kali Persall | May 9, 2023 BlackRock Alternatives’ Climate Finance Partnership (CFP), a flagship public-private finance vehicle that seeks to accelerate the flow of capital into emerging-market climate infrastructure, has partnered with CleanTech Global Renewables, a renewable-energy developer in the Philippines.
Macquarie to acquire 12.6% stake in Endeavour Energy by Kali Persall | May 9, 2023 A fund managed by Macquarie Asset Management has agreed to acquire a 12.6 percent stake in Endeavour Energy from Rest, one of Australia’s largest profit-to-member superannuation funds.
Actis launches $550m renewables platform in Japan by Kali Persall | May 9, 2023 Actis has launched a new $500 million Japan-focused renewables platform, Nozomi Energy, targeting 1.1 gigawatt of onshore wind and solar generation by 2027.
Peakside expands logistics portfolio in Germany by Kali Persall | May 9, 2023 Peakside Capital Advisors has acquired an 85,000-square-meter (914,932-square-foot) logistics site with an existing property as well as development land in Burgbernheim, located in the Nuremberg metropolitan area in Germany, from a private seller.
DIF Capital Partners acquires U.K. PBSA portfolio by Kali Persall | May 9, 2023 DIF Capital Partners has acquired Ottoway Portfolio, which owns and operates a portfolio of eight purpose-built student accommodation (PBSA) assets in key U.K. cities, from a fund advised by Arlington Advisors and Campus Living Villages.
SSE’s Solar and Battery team joins SSE Renewables by Kali Persall | May 8, 2023 SSE’s Solar and Battery team has joined SSE Renewables to progress the delivery of its nearly 2-gigawatt pipeline of projects in the United Kingdom and Ireland, while expanding into Europe to pursue new development opportunities.
S2G Ventures bolsters impact measurement & management approach by Released | May 8, 2023 S2G Ventures, a multi-stage investment firm focused on the food, agriculture, ocean and clean energy markets, has announced its approach to Impact Measurement & Management.
NextEra Energy Partners to simplify capital structure, hone in on renewable-energy strategy by Kali Persall | May 8, 2023 NextEra Energy Partners has announced plans to simplify its capital structure and concentrate solely on a 100 percent renewable-energy strategy.
EIB, SACE provide TIM with €360m of financing for 5G buildout by Kali Persall | May 8, 2023 The European Investment Bank (EIB), assisted in part by a SACE guarantee, is providing €360 million ($397 million) in financing to TIM Group for the development of the next-generation network infrastructure in Italy.
