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KGAL acquires 50% stake in GP JOULE Projects

by Denise Moose | Jan 12, 2022

KGAL Investment Management GmbH & Co. KG has acquired a 25 percent stake in GP JOULE Projects for each of its funds KGAL ESPF 4 and KGAL ESPF 5. KGAL and GP JOULE are joining forces to drive the energy transition, and to take advantage of the immense growth opportunities offered by renewable energies in Germany and across Europe.

Rakiza to acquire stake in Oman International container terminal

by RELEASED | Jan 12, 2022

Rakiza, Oman’s infrastructure fund, has announced that it signed multiple definitive agreements to acquire a stake of more than 31 percent in Oman International Container Terminal, a modern container-handling facility capable of accommodating the latest generation of mega-vessels.

ExxonMobil acquires stake in Biojet AS

by RELEASED | Jan 12, 2022

ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9 percent stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components.

Navitas Midstream sells to Enterprise Products Partners for $3.25b

by Denise Moose | Jan 12, 2022

Navitas Midstream Partners Holdings recently announced the sale of 100 percent of its interests in Navitas Midstream Partners, to an affiliate of Enterprise Products Partners L.P. for $3.25 billion in an all-cash deal. Navitas is a portfolio company of funds managed by Warburg Pincus.

Invenergy receives $3b investment from Blackstone for renewable energy activities

by Denise Moose | Jan 12, 2022

Blackstone has announced that funds managed by Blackstone Infrastructure Partners entered into a definitive agreement with Caisse de dépôt et placement du Québec (CDPQ) and Invenergy for an approximately $3 billion equity investment in Invenergy Renewables Holdings, the largest private renewable energy company in North America.
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