Adani buys Macquarie’s toll roads in India by Kali Persall | Aug 10, 2022 Adani Road Transport has agreed to acquire Macquarie Asia Infrastructure Fund’s India toll roads In Andhra Pradesh and Gujarat.
GI Partners announces Northern Virginia ‘Always On’ real estate acquisitions for its Essential Tech + Science Fund by Released | Aug 10, 2022 GI Partners has announced the acquisition of five “Always On” properties totaling 860,000 square feet in the nation’s leading market for defense technology employment, on behalf of its Essential Tech + Science Fund (GI Partners ETS Fund).
Ford Motor Company and DTE Energy announce the largest renewable energy purchase from a utility in U.S. history by Released | Aug 10, 2022 Through a new clean energy agreement with DTE Energy, Ford Motor Company will soon be able to attribute all its electricity supply in Michigan to clean energy, a major step toward Ford’s goal of reaching carbon neutrality.
Carlyle partners with Tillman Global Holdings, commits $1b to U.S. cell towers by Andrea Zander | Aug 10, 2022 Funds managed by Carlyle and its global infrastructure platform have committed up to $1 billion to partner with Tillman Global Holdings to accelerate its investments in Tillman Infrastructure, a privately held cell tower platform in the United States.
S&P Global Ratings: Global gas demand to rise, amid security of supply concerns by Andrea Zander | Aug 10, 2022 Global demand for gas should keep rising this decade, but growth has become more uncertain amid surging prices, security of supply concerns and a weakening economic outlook, according to a report by S&P Global Ratings.
EV charging operator Voltera launches with backing from EQT Infrastructure by Kali Persall | Aug 9, 2022 Voltera, a company that builds, owns and operates charging facilities that enable electric vehicle (EV) deployment and operation, has officially launched on Aug. 9 with equity backing from EQT Infrastructure. The new company also has an ongoing partnership with EdgeConneX.
District of Columbia Retirement Board earmarks $150m for BlackRock infrastructure fund by Kali Persall | Aug 9, 2022 The District of Columbia Retirement Board (DCRB) has approved a commitment of up to $150 million to BlackRock Global Infrastructure Fund IV, pending legal review and final due diligence.
Actis appoints Lynnette Mays as director in its investor development group by Kali Persall | Aug 9, 2022 Actis has appointed Lynnette Mays as director, Americas within its investor development group (IDG).
Rakiza secures $300m from Saudi Arabia’s Public Investment Fund by Kali Persall | Aug 9, 2022 Rakiza, a private-equity infrastructure fund co-managed by Oman Infrastructure Investment Management (OIM) and Equitix, has received a capital injection of $300 million from Saudi Arabia’s Public Investment Fund (PIF), one of the largest sovereign wealth funds in the world.
CBRE IM to take full ownership of Norwegian ferry operator Norled by Released | Aug 9, 2022 CBRE Investment Management and CapMan Infra, which each acquired a 50 percent stake in Norwegian ferry and express boat operator Norled in 2019, have now entered into an agreement for CBRE IM to acquire the entire stake managed by CapMan.
Igneo-backed Patriot Rail acquires railroad holding company Pioneer Lines by Kali Persall | Aug 9, 2022 Patriot Rail Company, a Jacksonville, Fla.–based company majority owned by Igneo Infrastructure Partners, has agreed to acquire Denver-based Pioneer Lines, a railroad holding company from BRX Transportation Holdings.
Veolia strikes €2.4b U.K. waste deal with Macquarie by Kali Persall | Aug 9, 2022 Veolia has agreed to sell Suez Recycling and Recovery U.K. Group to Macquarie Asset Management for €2.4 billion ($2.44 billion).
Sila Realty Trust acquires Escondido Inpatient Rehabilitation Facility from Harrison Street for $63m by Andrea Zander | Aug 9, 2022 Sila Realty Trust, a public, non-traded REIT focused on investing in high-quality healthcare properties across the continuum of care, announced the acquisition of an inpatient rehabilitation facility located in Escondido, Calif., from Harrison Street for $63.4 million.
Data center demand swells in North America by Kali Persall | Aug 9, 2022 North America’s data center market has continued to surge as companies continue to shift toward hybrid cloud environments in the aftermath of the COVID-19 pandemic.
California’s last nuclear plant to remain online by Andrea Zander | Aug 9, 2022 California’s last operating nuclear plant, Diablo Canyon Nuclear Power Plant, which was scheduled to close by 2025, could remain online, led by Democratic Governor Gavin Newsom, reported the Associated Press.