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.
Quinbrook’s solar-plus-battery storage project wins largest solar CfD award in latest auction by Kali Persall | Jul 13, 2022 Quinbrook Infrastructure Partners has secured a 15-year Contract for Difference (CfD) in the latest auction round for its 350-megawatt U.K. solar-plus-battery storage project, Project Fortress.
Keppel Corp., Keppel Infrastructure Trust bolster wind-energy portfolio by Kali Persall | Jul 13, 2022 Keppel Corp. and Keppel Infrastructure Fund Management (KIFM), serving as trustee-manager of Keppel Infrastructure Trust (KIT), are paying €160 million ($160.5 million) for a 33.3-percent stake in a joint-investment vehicle, known as FundCo.
Oil prices rise, recover from previous day’s massive sell-off by Andrea Zander | Jul 13, 2022 Oil prices rose Wednesday, recovering from the previous day's massive sell-off despite a hike in U.S. oil inventories after U.S. inflation figures bolstered the case for another big Federal Reserve interest rate increase, reported Reuters.
Fubon Life sticks $130m in Brookfield Infrastructure Fund V by Kali Persall | Jul 13, 2022 Fubon Life Insurance has backed Brookfield’s latest infrastructure fund with a $130 million commitment, IREI understands. Fubon Life could not be reached to comment on the investment at the time of publication.
Pickering Energy Partners forms $300m JV to acquire and develop Permian oil, gas assets by Andrea Zander | Jul 13, 2022 Pickering Energy Partners (PEP), a Houston-based energy financial services and investment firm, has formed a strategic partnership with a large institutional investor to acquire and develop Permian Basin oil and gas interests alongside premier operators (PEP Development).
JLL and Georgia Department of Transportation to deliver EV charging stations by Released | Jul 12, 2022 JLL announced its agreement with the Georgia Department of Transportation (GDOT) to deliver a strategic plan for electric vehicle (EV) charging stations.
CDPQ increases ownership stake in India’s Apraava Energy by Kali Persall | Jul 12, 2022 CLP Group, one of the largest investor-owned power businesses in Asia, has agreed to sell a 10 percent stake in Apraava Energy, a diversified power company headquartered in Mumbai, to CDPQ, bringing their respective stakes in the company to 50 percent.
