KKR lobs $12b takeover offer for Telecom Italia by Kali Persall | Nov 22, 2021 KKR has submitted a $12 billion preliminary cash offer to buy Italy’s largest phone company, TIM/Telecom Italia, in what would be one of the largest transactions in the telecommunications industry this year, according to Bloomberg.
Nuveen partners with Safari Energy on solar developments by Kali Persall | Nov 22, 2021 Nuveen Real Estate has partnered with Safari Energy to develop the company’s solar resources, following a pledge to make all existing and future assets carbon-neutral by 2040.
Apollo acquires 50% stake in Broad Reach Power by Kali Persall | Nov 22, 2021 Funds managed by Apollo have agreed to acquire a 50 percent stake in Broad Reach Power, a U.S. utility-scale energy-storage and renewable-energy platform. The seller is existing investor EnCap Investments and its co-investment partners, Yorktown Partners and Mercuria Energy.
VoltH2 and Virya Energy establish green hydrogen partnership in the Netherlands by Kali Persall | Nov 22, 2021 VoltH2, the subsidiary of Vision Hydrogen Corp. has partnered with Virya Energy to develop a 25-megawatt green hydrogen plant, located in the North Sea Port of Terneuzen in the Netherlands.
Institutional investors raise net-zero targets by Kali Persall | Nov 22, 2021 Some 52 percent of insurers and 50 percent of pension funds have committed to achieving net zero in their portfolios before 2050, according to a recent real-assets study by Aviva Investors.
PSERS’ executive director Glen Grell to retire in 2022 by Kali Persall | Nov 22, 2021 Glen Grell, executive director of the Public School Employees’ Retirement System (PSERS), has announced plans to retire after seven years in the role. His retirement will take effect Feb. 28, 2022.
EQT and GEH sell sustainable-energy-service company to J.P. Morgan fund by Kali Persall | Nov 19, 2021 EQT and GETEC Energie Holding (GEH) are planning to sell their stakes in European sustainable-energy-service company, G+E GETEC Holding (GETEC), to Infrastructure Investments Fund (IIF), a vehicle advised by J.P. Morgan Investment Management.
Shell and Irish developer launch floating wind JV by Kali Persall | Nov 19, 2021 Shell has signed an agreement with Irish developer Simply Blue Group to acquire their 51 percent share of Western Star venture, which seeks to develop a floating-wind farm, located at least 35 kilometers (22 miles) off the Clare coast.
$524m transmission line P3 advances in Brazil by Kali Persall | Nov 19, 2021 Brazil’s Agência Nacional de Energia Elétrica (ANEEL) is moving to auction works for a $524.3 million transmission line public-private partnership concession, according to InfraPPP.
Värde Partners-led consortium sells GCX Holdings to 3i Infrastructure by Kali Persall | Nov 19, 2021 An investor consortium consisting of Värde Partners, Bardin Hill Investment Partners, and Portsea Asset Management has agreed to sell its stake in global data-communications-service provider GCX Holdings (GCX).
W&T Offshore named apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 257 by Kali Persall | Nov 19, 2021 W&T Offshore, Inc., an independent oil and natural gas producer with operations offshore in the Gulf of Mexico, has been determined as the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 257, held by the Bureau of Ocean Energy Management (BOEM) on Nov. 17.
EQT Infrastructure V acquires Australia’s largest integrated cancer care provider by Kali Persall | Nov 19, 2021 EQT Infrastructure V has agreed to acquire Integrated Clinical Oncology Network, Australia’s largest integrated cancer-care provider, from a consortium consisting of Goldman Sachs Asset Management, QIC Private Capital Pty Ltd and Pagoda Investment Advisors.
EIB partners provides €5m grant for high-priority transport network in the Balkans by Kali Persall | Nov 19, 2021 The European Investment Bank (EIB) and the Ministry of Finance of Bosnia and Herzegovina have signed a €5 million ($5.7 million) grant with the European Union for construction on the Počitelj-Zvirovići subsection of Corridor Vc.
Institutional investors announce new net-zero investment initiative by Kali Persall | Nov 19, 2021 The African Green Infrastructure Investment Bank (AfGIIB) has announced its model law on Institutional Investor-Public Partnerships (IIPP) initiative (ML-IIPP).
Long-awaited $1.2t infrastructure bill to transform U.S. industries by Kali Persall | Nov 19, 2021 Since the signing of the $1.2 trillion infrastructure bill, financial experts, government watchdogs, and other industry professionals have praised the historic spending package, which promises to benefit companies across a variety of industries.
