Infra Build Holdings recapitalizes contractor Hypower in Florida by Released | May 13, 2022 Infra Build Holdings (IBH), an SMC Infrastructure Partners company, has partnered with management to recapitalize Fort Lauderdale-based Hypower, a critical infrastructure electrical contractor focused primarily on serving owners and operators of aviation, electrification, energy transition, telecom and transportation assets.
Brookfield lists minority stake in asset-management business, launches fifth flagship infra fund by Kali Persall | May 13, 2022 Brookfield Asset Management has unveiled plans to separately list and distribute to shareholders a 25-percent interest in the firm’s asset-management business, to be completed by the end of 2022.
Virginia pension fund backs open-ended JPMorgan IIF by Kali Persall | May 13, 2022 The Newport News (Va.) Employees Retirement Plan has approved a $35 million commitment to JPMorgan Infrastructure Investments Fund (IIF), according to recent board meeting minutes.
Infrastructure Investments Fund acquires Enstor Gas from ArcLight by Released | May 13, 2022 Enstor Gas, a privately owned gas-storage company, and its natural gas midstream assets have been acquired by the Infrastructure Investments Fund (IIF), an investment vehicle advised by J.P. Morgan Investment Management Inc., from an affiliate of ArcLight Capital.
JERA Americas to acquire thermal power portfolio in New England by Andrea Zander | May 13, 2022 JERA Americas, the Houston-based subsidiary of global energy leader JERA, has entered into an agreement to acquire a 1,633-megawatt (MW) thermal-power portfolio in New England from Stonepeak.
Lodha forms $1b green digital infrastructure partnership with Ivanhoé Cambridge and Bain Capital by Andrea Zander | May 13, 2022 Lodha, an Indian real estate developer, has announced a partnership with Bain Capital and Ivanhoé Cambridge to develop a next-generation green digital infrastructure platform.
Correlate Infrastructure Partners launches portfolio-health platform to address $190b annual energy spend in U.S. buildings by Andrea Zander | May 13, 2022 Correlate Infrastructure Partners has unveiled a new platform product, Correlate Portfolio Health, that gives commercial real estate owners unparalleled visibility and flexibility into energy optimization and procurement across building portfolios.
New strategy targets $1.5b of mid-market, value-add infra investments in North America by Kali Persall | May 13, 2022 Quintana Infrastructure & Development (QID), a Houston-based infrastructure investor and operator, has partnered with London asset management firm Astarte Capital Partners to form QAI Capital.
Core Spaces and Tom Winkopp Development form JV to develop country’s largest off-campus student housing project by Released | May 13, 2022 Core Spaces and Tom Winkopp Development have formed a joint venture to create one of the country’s largest off-campus student housing development projects into a 140-acre, walkable student village located near Clemson University’s campus in Clemson, S.C.
U.S. DOE seeks input on $2.5b transmission program by Released | May 12, 2022 The U.S. Department of Energy (DOE) has issued an RFI seeking public input on the structure of the $2.5 billion Transmission Facilitation Program (TFP), which President Biden’s Bipartisan Infrastructure Law created to help build out critical new transmission lines across the country.
Althea Group sells to a consortium consisting of F2i and DWS by Kali Persall | May 12, 2022 Funds managed by Permira have plans to sell Althea Group, an independent provider of technology management services to the European healthcare industry, to a consortium formed by F2i and DWS.
Axium Infrastructure makes its first renewable development company acquisition by Kali Persall | May 12, 2022 A fund managed by Axium Infrastructure has acquired BlueWave, a Boston-based solar and energy storage developer and certified B Corp. This will be Axium's first renewable development company acquisition.
AFC to mobilize $2b to aid economic recovery in Africa by Kali Persall | May 12, 2022 The Africa Finance Corp. (AFC) is launching a $2 billion facility to support recovery and resilience in Africa. AFC has committed to funding up to 50 percent of the new African Economic Resilience Facility and mobilizing the remainder through the corporation’s network of international partners and investors.
BDx expands into Indonesia through $300m JV by Andrea Zander | May 12, 2022 Big Data Exchange (BDx), a data center solutions provider in the Asia Pacific region and a portfolio company of I Squared Capital, has inked a conditional sale and purchase agreement of shares (CSPA) and joint venture agreement, together with a series of commercial and operational agreements, with PT Indosat Tbk (Indosat Ooredoo Hutchison or IOH), PT Aplikanusa Lintasarta, and PT Starone Mitra Telekomunikasi (SMT).
Generate Capital launches upcycle platform by Released | May 12, 2022 Generate Capital, a sustainable infrastructure investment and operating platform, has launched its Generate Upcycle platform to accelerate its growth and expansion in waste-to-value solutions including organic waste, recycling, composting and wastewater treatment.
