Ohio Police & Fire Pension Fund slates $80m for Brookfield Infrastructure Fund V by Kali Persall | Mar 2, 2023 The $17 billion Ohio Police & Fire Pension Fund (OP&F) has approved a commitment of up to $80 million to Brookfield Infrastructure Fund V (BIF V), a noncore vehicle focused on investment opportunities in the Americas, Western Europe and Asia.
Commerz Real focuses on electricity production in 2023 by Kali Persall | Mar 2, 2023 Commerz Real, the real assets subsidiary of Commerzbank, is planning to grow its electricity production in 2023.
District of Columbia Retirement Board commits $75m to JLC Infrastructure Fund II by Kali Persall | Mar 2, 2023 The District of Columbia Retirement Board has closed on a $75 million commitment to JLC Infrastructure Fund II, according to recent board meeting minutes.
EPA to award $250m of grants to build clean-energy economies by Kali Persall | Mar 2, 2023 The Biden Administration has announced $250 million of planning grants through the U.S. Environmental Protection Agency (EPA) to develop innovative strategies to slash pollution and build clean-energy economies.
South Korean pension fund records negative returns amid market tightening by Kali Persall | Mar 2, 2023 South Korea’s Government Employees Pension Service (GEPS) has posted a –4.4 percent return on investment in 2022, but achieved a double-digit return on its alternative assets, according to The Korea Economic Daily.
EQT Corp. buys $3b digital infrastructure property owner by Andrea Zander | Mar 2, 2023 EQT Active Core Infrastructure Fund, managed by EQT, and Canada’s Public Sector Pension Investment Board have plans to acquire Radius Global Infrastructure in a transaction valued at a total enterprise value of approximately $3 billion.
DataBank issues $715m securitization to pay down debt, fund data center expansion by Released | Mar 1, 2023 DataBank, a provider of enterprise-class colocation, interconnection and managed cloud services, has issued $715 million of secured notes in its third securitization offering since 2021.
New Jersey public utility to upgrade gas mains, introduce RNG and hydrogen into systems by Kali Persall | Mar 1, 2023 Public Service Electric & Gas Co. (PSE&G), New Jersey’s oldest and largest gas and electric delivery public utility, has filed for a three-year, $2.54 billion extension of its Gas System Modernization Program (GSMP) with the New Jersey Board of Public Utilities.
CBRE IM names Kerron Lezama as senior director on private infra team by Kali Persall | Mar 1, 2023 CBRE Investment Management (CBRE IM) has appointed Kerron Lezama as a senior director in the firm’s private infrastructure team.
bp pulse and APCOA Parking Group sign strategic EV-charging agreement by Released | Mar 1, 2023 bp pulse, one of the leading rapid and ultra-fast public EV charging networks in the United Kingdom, and APCOA Parking Group, the U.K.’s leading provider of tailored parking solutions, have signed a strategic pan-European frame agreement to open more than 100 EV fast-charging hubs across Europe.
Macquarie to sell stake in one of Austria’s largest energy distribution and service companies by Kali Persall | Mar 1, 2023 Macquarie Asset Management has agreed to sell Macquarie European Infrastructure Fund 4’s stake in Energie Steiermark, one of the largest energy distribution and service companies in Austria, to the Provincial Government of Styria for €525 million ($555 million).
IKAV to sell half of $4b California energy producer to CPP Investments by Andrea Zander | Mar 1, 2023 Canada Pension Plan Investment Board (CPP Investments) will partner with international asset management group IKAV to acquire California energy producer Aera Energy LLC.
U.S. House passes bill blocking ESG investment rule by Kali Persall | Mar 1, 2023 The U.S. House of Representatives has passed a bill blocking President Biden's administration from allowing retirement plans to consider ESG issues in their investment decisions, according to multiple news sources.
SPONSORED: Vantage Infrastructure – What the events of 2022 mean for infrastructure debt in 2023 by Jennifer Babcock | Mar 1, 2023 Investor demand for infrastructure debt has been growing for the past 10 years, and 2023 looks to be another year of growth.
SPONSORED: Infracapital – Energy transition in Europe one year into Russia’s war in Ukraine by Jennifer Babcock | Mar 1, 2023 Russia’s war in Ukraine, and European sanctions on Russia, have affected energy supply and security in Europe for the past year, starting with spikes in gas prices, but also fueling the thinking and planning to shift away from fossil fuels.