U.S. DOE seeks input on $2.5b transmission program by Released | May 12, 2022 The U.S. Department of Energy (DOE) has issued an RFI seeking public input on the structure of the $2.5 billion Transmission Facilitation Program (TFP), which President Biden’s Bipartisan Infrastructure Law created to help build out critical new transmission lines across the country.
Althea Group sells to a consortium consisting of F2i and DWS by Kali Persall | May 12, 2022 Funds managed by Permira have plans to sell Althea Group, an independent provider of technology management services to the European healthcare industry, to a consortium formed by F2i and DWS.
Axium Infrastructure makes its first renewable development company acquisition by Kali Persall | May 12, 2022 A fund managed by Axium Infrastructure has acquired BlueWave, a Boston-based solar and energy storage developer and certified B Corp. This will be Axium's first renewable development company acquisition.
AFC to mobilize $2b to aid economic recovery in Africa by Kali Persall | May 12, 2022 The Africa Finance Corp. (AFC) is launching a $2 billion facility to support recovery and resilience in Africa. AFC has committed to funding up to 50 percent of the new African Economic Resilience Facility and mobilizing the remainder through the corporation’s network of international partners and investors.
BDx expands into Indonesia through $300m JV by Andrea Zander | May 12, 2022 Big Data Exchange (BDx), a data center solutions provider in the Asia Pacific region and a portfolio company of I Squared Capital, has inked a conditional sale and purchase agreement of shares (CSPA) and joint venture agreement, together with a series of commercial and operational agreements, with PT Indosat Tbk (Indosat Ooredoo Hutchison or IOH), PT Aplikanusa Lintasarta, and PT Starone Mitra Telekomunikasi (SMT).
Generate Capital launches upcycle platform by Released | May 12, 2022 Generate Capital, a sustainable infrastructure investment and operating platform, has launched its Generate Upcycle platform to accelerate its growth and expansion in waste-to-value solutions including organic waste, recycling, composting and wastewater treatment.
Macquarie consortium takes minority stake in Bersama Digital Infrastructure Asia by Kali Persall | May 12, 2022 A Macquarie Asset Management–led consortium has paid $610 million for a significant minority stake in Bersama Digital Infrastructure Asia, a Southeast Asian regional digital infrastructure platform controlled by Provident Capital and PT Saratoga Investama Sedaya.
GRESB launches new reports addressing sustainability-related business challenges by Released | May 12, 2022 GRESB, the global ESG benchmark for real estate and infrastructure investments, has launched two new products to help asset managers get ahead of emerging sustainability-related business challenges, with one focused on net-zero alignment and the other on TCFD requirements.
Orbital Energy Group sells U.K. gas business to nZero Group by Kali Persall | May 11, 2022 Orbital Energy Group has agreed to sell its U.K. gas business, Orbital-UK, to nZero Group for an undisclosed sum.
DigitalBridge, IFM Investors to take Switch private by Kali Persall | May 11, 2022 DigitalBridge Partners II, the value-added digital infrastructure equity strategy of DigitalBridge Group, and an affiliate of IFM Investors have agreed to acquire all outstanding common shares of Switch in an all-cash transaction valued at $11 billion, including the assumption of debt.