NYC plans state’s largest renewable-energy and transmission project in 50 years by Andrea Zander | Apr 15, 2022 New York Governor Kathy Hochul announced that the State Public Service Commission has approved contracts with Clean Path New York LLC for its Clean Path NY project and H.Q. Energy Services Inc. for its Champlain Hudson Power Express project to deliver clean, renewable solar, wind and hydroelectric power from upstate New York and Canada to New York City.
AE Industrial Partners to sell BHI Energy by Released | Apr 15, 2022 AE Industrial Partners (AEI) — a U.S.-based private-equity firm specializing in aerospace, defense and government services; space, power and utility services; and specialty-industrial markets — has signed a definitive agreement to sell its portfolio company BHI Energy to Westinghouse Electric Company.
NV Energy issues renewable-energy RFP by Kali Persall | Apr 15, 2022 NV Energy has issued an RFP to add new renewable-energy projects to its portfolio.
Convergent Energy + Power to provide battery-storage system in Massachusetts by Kali Persall | Apr 15, 2022 Convergent Energy + Power, an energy-storage-solutions provider in North America, is planning to provide Massachusetts' municipally owned utility company Holyoke Gas & Electric (HG&E) with a battery-storage system.
Equinix pays $320m for West African data center by Kali Persall | Apr 15, 2022 Equinix has expanded into Africa with the acquisition of MainOne, a West Africa data center and connectivity solutions provider, for an enterprise value of $320 million.
Meridiam moves forward with light-rail project by Kali Persall | Apr 15, 2022 Meridiam has reached financial close on its 16.2-mile Purple Line light rail transit project in Maryland, one of the first public-private partnership (P3) rail projects in the United States.
Moltex and SNC-Lavalin form nuclear energy partnership by Kali Persall | Apr 14, 2022 Moltex Energy Canada and SNC-Lavalin Group have formed a strategic partnership to advance clean nuclear energy.
Australian telecom group to accept takeover bid from Brookfield and Morrison & Co. by Kali Persall | Apr 14, 2022 Australia’s Uniti Group, a diversified provider of telecommunications services, has agreed to a nearly A$3.6 billion ($2.7 billion) takeover offer from a consortium consisting of Brookfield Asset Management and Morrison & Co., according to Reuters.Â
Blackstone and Italian family launch €58b bid to take Atlantia private by Kali Persall | Apr 14, 2022 Blackstone and Italy's Benetton family have submitted a €58 billion ($63 million) buyout offer that would take Atlantia, an Italian holding company active in the infrastructure sector, private.
Fengate acquires wireless communications portfolio in the U.S. by Released | Apr 14, 2022 Fengate Asset Management has reached financial close on the acquisition of a significant portfolio of high-quality wireless communications towers, located in nine states across the United States, from Florida-based TowerCom.
Connecticut greenlights $100m for Tiger Infrastructure Partners III by Kali Persall | Apr 14, 2022 At the April 13 meeting of the state’s Investment Advisory Council, Connecticut state treasurer Shawn Wooden approved a commitment of $100 million to Tiger Infrastructure Partners III, a middle-market infrastructure fund focused on investment opportunities in the United States and Europe, on behalf of the Connecticut Retirement Plans and Trust Funds.
Google plans to invest $9.5b in 2022 by Andrea Zander | Apr 14, 2022 Google has plans to invest $9.5 billion toward offices and data centers across the United States in 2022. Google CEO Sundar Pichai said in a blog post that offices and data centers serve as anchors to local communities and their economies.
Renewable-energy prices skyrocket nearly 30% in one year by Released | Apr 14, 2022 North American renewable energy developers are struggling to build solar and wind projects fast enough to keep up with demand because of the extremely difficult development landscape, according to a new report from LevelTen Energy, a provider of renewable-transaction infrastructure and operator of the world’s largest PPA marketplace.
ScottishPower, Shell move forward with offshore wind development off Scottish coast by Kali Persall | Apr 13, 2022 ScottishPower and Shell have signed option-to-lease agreements with Crown Estate Scotland for the seabed rights to their two floating offshore wind farms, MarramWind and CampionWind.
TIP Trailer Services to acquire trailer-leasing and maintenance business by Kali Persall | Apr 13, 2022 TIP Trailer Services, a portfolio company of I Squared Capital that leases, rents, maintains and repairs trailers, has agreed to acquire the trailer-leasing and maintenance business of Ryder.
