EIB unlocks €8.6b of new financing for projects, revises policy for sustainable transport lending by Kali Persall | Jul 14, 2022 The European Investment Bank (EIB) has earmarked €8.6 billion ($8.62 billion) of new financing to accelerate innovation, water, energy, education, health and housing investment globally.
Nova Southeastern University JV sells multi-housing development site by Released | Jul 14, 2022 A partnership between the Brandon Company and Nova Southeastern University has sold Modera Academical Village development site, a two-phase, 793-home mixed-use apartment community with 16,000 square feet of ground-floor retail located on the campus of Nova Southeastern University in Davie, Fla.
Microsoft, Alaska Air, Twelve collaborate to advance sustainable aviation fuels by Kali Persall | Jul 14, 2022 Microsoft Corp., Alaska Air Group and carbon-transformation company Twelve have agreed to collaborate on advancing the market for sustainable aviation fuels (SAF) to include fuels derived from recaptured carbon dioxide and renewable energy.
NOVA Infrastructure closes middle-market fund at $565m by Kali Persall | Jul 14, 2022 NOVA Infrastructure has completed the final close of its value-add NOVA Infrastructure Fund I, raising $565 million of commitments from a diverse group of North American and global institutional investors.
CIP forms offshore wind JV with Tokyu Land Corp. by Kali Persall | Jul 14, 2022 Copenhagen Infrastructure Partners (CIP) and Tokyu Land Corp. (TLC) have formed a joint partnership to develop the Aomori South offshore wind project in northern Japan.
Andrew Linowes takes up leadership role in JLL’s clean energy and infrastructure advisory team by Kali Persall | Jul 14, 2022 Andrew Linowes, CEM, has taken up a position as clean energy public sector lead in JLL’s clean energy and infrastructure advisory team.
ConocoPhillips and Sempra Infrastructure sign agreement for large-scale LNG projects and carbon capture activities by Released | Jul 14, 2022 ConocoPhillips (COP) announced a potentially significant expansion of its global liquefied natural gas (LNG) business through investment in a new large-scale LNG facility under development by Sempra Infrastructure, a subsidiary of Sempra, in Jefferson County, Texas.
CES to deliver biomass carbon removal and storage facility in California by Released | Jul 13, 2022 Clean Energy Systems, Inc. (CES) has entered into an agreement to acquire the idled Madera Biomass Power Plant, located in Madera County, Calif. CES intends to convert the existing facility into a Biomass Carbon Removal and Storage (BiCRS) Facility.
Apollo pours $175m into community solar operator Summit Ridge by Kali Persall | Jul 13, 2022 Funds managed by Apollo have agreed to make a $175 million strategic investment in Summit Ridge Energy, an owner-operator of community solar assets.
New York’s largest fossil-fuel power plant to be transformed into renewable-energy hub by Kali Persall | Jul 13, 2022 Rise Light & Power, a New York–based energy asset manager and developer has plans to redevelop its Ravenswood Generating Station — New York City’s largest power generator — as a new renewable energy hub, dubbed Renewable Ravenswood.