McMorgan launches second infrastructure fund, captures $200m of commitments by Kali Persall | Mar 24, 2023 McMorgan Infrastructure Fund II, an open-ended infrastructure fund managed by McMorgan & Company, has captured more than $200 million of commitments from investors, according to a recent filing with the SEC.
Consortium launches new brand focused on Norwegian offshore-wind sector by Kali Persall | Mar 24, 2023 Norwegian renewable energy developers Vårgrønn and Å Energi, together with global offshore-wind specialist Corio Generation, have launched a new brand for its Brigg Vind consortium, focused on shoring up the Norwegian offshore-wind sector.
First Sentier Investors outlines five structural trends to power listed infrastructure in 2023 by Kali Persall | Mar 24, 2023 Global listed infrastructure companies outperformed both global equities and bonds in 2022 — not surprising, given infrastructure tends to provide essential services, has strong pricing power, and often carries high barriers to entry and predictable cash flows.
Korea’s NPS records annual total return of –8.2% in 2022 by Kali Persall | Mar 24, 2023 The National Pension Service Investment Management, a dedicated fund management arm of South Korea’s National Pension Service (NPS), recorded a return of –8.22 percent for the fiscal year ending Dec. 31, 2022.
Capital Dynamics acquires Italian solar PV projects by Kali Persall | Mar 23, 2023 Capital Dynamics’ clean energy business has acquired three solar PV projects in Italy from a major international developer. Financial terms were not disclosed.
abrdn backs Digi Spain’s fiber rollout in Spain by Kali Persall | Mar 23, 2023 abrdn has plans to make a major equity investment in a partnership with Digi Spain, a subsidiary of Romanian telecom company, RCS & RDS.
Allianz and consortium to acquire near-half stake in German offshore wind farm by Kali Persall | Mar 23, 2023 Allianz Capital Partners, as part of a consortium with Norges Bank Investment Management and AIP Management, has agreed to purchase a 49.9 percent stake in the offshore windfarm He Dreiht from German utility EnBW.
Excelsior holds $502m first close on latest renewable-energy fund by Kali Persall | Mar 23, 2023 Excelsior Energy Capital, an independent renewable-energy and energy-transition investor in North America, has completed the first closing of its second flagship fund, Excelsior Renewable Energy Investment Fund II.
BluEarth acquires U.S. development portfolio, totaling over 1 GW by Andrea Zander | Mar 23, 2023 BluEarth Renewables US LLC has acquired seven wind and solar development projects in the United States, totaling approximately 1 gigawatt (GW).
Enel partners with Nestlé for investment in Ganado solar project by Released | Mar 23, 2023 Enel North America has partnered with Nestlé to be the sole tax equity investor for its 208 MWdc Ganado solar-plus-storage project in Jackson County, Texas.
Global investors preparing for new market regime, allocating more to infrastructure by Andrea Zander | Mar 23, 2023 Faced with profound market change, both current and contemplated, major institutional investors around the world are taking concerted action to better position their portfolios for the future — from increasing investments in infrastructure and private assets, and reformulating capital market assumptions, to better quantifying the risks and opportunities of climate change and making a commitment to impact investments, according to the primary findings of Nuveen’s third annual EQuilibrium Global Institutional Investor Survey, which explores the insights and actions of 800 global institutional investors.
Cube Infrastructure acquires majority stake in Nordic data center operator by Kali Persall | Mar 22, 2023 Cube Infrastructure Managers has plans to acquire a majority stake in GleSYS, a Nordic data center operator and a leading provider of Infrastructure as a Service (IaaS) in the Nordics.
CIP and GreenIT to develop three floating offshore wind projects off the Italian coast by Kali Persall | Mar 22, 2023 Copenhagen Infrastructure Partners (CIP) and GreenIT, the Italian renewable-energy joint venture between Plenitude (Eni) and CDP Equity (CDP Group), have agreed to develop three floating offshore wind projects, with an overall capacity of 2 gigawatts, in Italy.
Dexus to buy Collimate Capital’s property, infrastructure business by Andrea Zander | Mar 22, 2023 Dexus has plans to buy Collimate Capital’s real estate and domestic infrastructure equity business from AMP Limited.
Pension Insurance Corporation contributes $60m to major reservoir project in the U.K. by Kali Persall | Mar 22, 2023 Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has invested £50 million ($60 million) in Portsmouth Water to help fund the construction of the first major new water storage reservoir in the United Kingdom since the 1980s.
