Matt Wright joins Agentis Capital Advisors’ infrastructure advisory team by Kali Persall | Jul 29, 2022 Agentis Capital Advisors has added Matt Wright to its infrastructure advisory team.
Altius Renewable Royalties announces $40m financing of U.S. solar-plus-battery-storage developer with 1.8GW pipeline by Andrea Zander | Jul 29, 2022 Altius Renewable Royalties Corp. has announced that its jointly controlled subsidiary, Great Bay Renewables, has entered into a transaction with U.S. renewable energy developer Hodson Energy to gain future royalties related to Hodson’s portfolio of solar-plus-battery-storage development projects.
West Virginia American Water to purchase Jefferson Utilities for $30m by Andrea Zander | Jul 28, 2022 West Virginia American Water, a subsidiary of American Water, and the largest investor-owned water utility in the state, has signed an agreement with Jefferson Utilities to purchase the water and wastewater system assets of Jefferson Utilities, Valley Water and Sewer Services, Shenandoah Junction Public Sewer, and East Jefferson Sewer Services for $30 million.
ReNew Power pledges $8b to set up green-hydrogen facility in Egypt by Kali Persall | Jul 28, 2022 India’s ReNew Power has signed an agreement with Egyptian government agencies and the Sovereign Fund of Egypt to establish a green-hydrogen manufacturing facility in Egypt.
Ardian and partners pay $1.4b for majority stake in GreenYellow by Kali Persall | Jul 28, 2022 Ardian has partnered with Groupe Casino, Bpifrance and Tikehau Capital to acquire a majority stake in GreenYellow, a major player in the energy transition in France and abroad, and an expert in decentralized solar photovoltaic production, energy efficiency projects and energy services.
Spearmint Energy acquires 150MW battery-energy storage project in Texas by Released | Jul 28, 2022 Spearmint Energy, a next-generation renewable energy company enabling the clean-energy revolution through battery-energy storage, has acquired a 150-megawatt battery-energy storage project from Con Edison Development, a wholly owned subsidiary of Con Edison Clean Energy Businesses.
Octopus Energy Group raises $325m in latest funding round by Kali Persall | Jul 28, 2022 Octopus Energy Group has secured $325 million in a recent funding round from the company’s existing shareholders, which have backed the company’s global expansion and renewables strategy.
James Byrne to focus on energy and infrastructure at KPMG U.K. by Kali Persall | Jul 28, 2022 James Byrne has joined professional services firm KPMG U.K. as a partner within its debt advisory capability.
Glencore sells minority stake in Yancoal Australia for $293m by Kali Persall | Jul 28, 2022 Glencore, a multinational commodity trading and mining company headquartered in Switzerland, has sold its 6.4 percent minority stake in Yancoal Australia in a block trade valued at A$422 million ($293 million), according to Reuters.
LG Chem and General Motors sign supply agreement to spur EV production by Released | Jul 28, 2022 LG Chem and General Motors Co. have announced a binding agreement for the supply of cathode active material (CAM) from LG Chem to GM. The supply agreement will help GM meet its fast-growing electric vehicle (EV) production needs.
Triodos Investment Management takes stake in Danish renewables developer WindSpace by Kali Persall | Jul 28, 2022 Triodos Investment Management has acquired a minority stake in Danish wind and solar park developer WindSpace, on behalf of its Triodos Energy Transition Europe Fund.
South Korean petroleum exports hit record high by Kali Persall | Jul 27, 2022 South Korean petroleum exports reached a record high of $27.95 billion in the first half of 2022, according to several Korean news sources.
NTPC launches RFQ for solar, BESS developer in Cuba by Kali Persall | Jul 27, 2022 NTPC, India’s largest energy conglomerate, has issued an RFQ to find solar-power developers to establish a 1,150-megawatt grid-connected solar photovoltaic project and a 150-megawatt battery-energy storage system (BESS) in the Republic of Cuba.
African Infrastructure Investment Fund 4 secures $116m of new commitments by Kali Persall | Jul 27, 2022 African Infrastructure Investment Fund 4 (AIIF4), managed by African Infrastructure Investment Managers (AIIM), has added a $116 million joint investment from British International Investment (BII) and FMO, according to several news sources.
Pakistan to ditch coal-based power plant in favor of solar by Kali Persall | Jul 27, 2022 Pakistan’s power division has announced plans to abandon the 300-megawatt coal-based power plant located at Gwadar and replace it with a solar plant of the same capacity, according to The International News.
