American Campus Communities announces $13b transaction with Blackstone Funds by Released | Apr 19, 2022 American Campus Communities (ACC) has entered into a definitive agreement under which Blackstone Core+ perpetual capital vehicles, primarily comprised of Blackstone Real Estate Income Trust (BREIT), alongside Blackstone Property Partners (BPP), to acquire ACC for $65.47 per share.
Iowa Municipal Fire & Police commits $20m to IFM Global Infrastructure Fund by Kali Persall | Apr 19, 2022 The Municipal Fire & Police Retirement System of Iowa (MFPRSI) has committed $20 million to the IFM Global Infrastructure Fund, a spokesperson for the pension fund confirmed in an email.
Pivot Energy secures $190m of financing for U.S. solar projects by Kali Persall | Apr 18, 2022 Pivot Energy, a national solar provider that develops, finances, builds, owns, and manages solar and energy-storage projects, has closed a $190 million financing facility to support a multi-state portfolio of distributed generation solar projects.
Aquila Capital and TopInfra launch JV focused on South Korean renewable market by Kali Persall | Apr 18, 2022 Aquila Capital and TopInfra, a South Korean renewable energy asset development company, have set up a joint venture to focus on the development and construction of solar photovoltaic, wind, and battery energy-storage systems projects in South Korea.
Digital Alpha Advisors strikes deal with Unitas Global by Kali Persall | Apr 18, 2022 Digital Alpha Advisors has completed the asset acquisition of Unitas Global's Connectivity Business in an effort to enhance digital transformation for enterprise networks. Financial terms were not disclosed.
Sterlite Power acquires majority stake in India’s MTCIL by Released | Apr 18, 2022 Sterlite Power has acquired a 64.98-percent equity stake in India’s Maharashtra Transmission Communication Infrastructure Ltd. (MTCIL), a joint venture with Maharashtra State Electricity Transmission Company, from Sterlite Technologies.
DigitalBridge strengthens partnership with Wafra by Kali Persall | Apr 18, 2022 DigitalBridge Group has agreed to acquire New York investment firm Wafra’s 31.5 percent ownership in DigitalBridge’s investment-management subsidiary.
Cathay Life contributes €30m to Macquarie European Infrastructure Fund 7 by Kali Persall | Apr 18, 2022 Taiwan-based Cathay Life Insurance Co. has slated €30 million ($32 million) for Macquarie European Infrastructure Fund 7 (MEIF 7), a new fund managed by Macquarie Infrastructure and Real Assets (MIRA).
Texas Municipal Retirement System puts $300m in three infrastructure funds by Kali Persall | Apr 18, 2022 The Texas Municipal Retirement System has poured nearly $300 million of equity commitments into three private-infrastructure vehicles, a recent investment report shows.
AIIB provides $108m of financing for Uzbekistan railway line by Released | Apr 15, 2022 The Asian Infrastructure Investment Bank (AIIB) and the Republic of Uzbekistan have signed a $108 million loan to electrify the Bukhara-Miskin-Urgench-Khiva railway line.
Calgary launches RFQ for Green Line LRT project by Kali Persall | Apr 15, 2022 The Canadian city of Calgary has issued an RFQ for Phase 1 of its Green Line LRT project.
NYC plans state’s largest renewable-energy and transmission project in 50 years by Andrea Zander | Apr 15, 2022 New York Governor Kathy Hochul announced that the State Public Service Commission has approved contracts with Clean Path New York LLC for its Clean Path NY project and H.Q. Energy Services Inc. for its Champlain Hudson Power Express project to deliver clean, renewable solar, wind and hydroelectric power from upstate New York and Canada to New York City.
AE Industrial Partners to sell BHI Energy by Released | Apr 15, 2022 AE Industrial Partners (AEI) — a U.S.-based private-equity firm specializing in aerospace, defense and government services; space, power and utility services; and specialty-industrial markets — has signed a definitive agreement to sell its portfolio company BHI Energy to Westinghouse Electric Company.
NV Energy issues renewable-energy RFP by Kali Persall | Apr 15, 2022 NV Energy has issued an RFP to add new renewable-energy projects to its portfolio.
Convergent Energy + Power to provide battery-storage system in Massachusetts by Kali Persall | Apr 15, 2022 Convergent Energy + Power, an energy-storage-solutions provider in North America, is planning to provide Massachusetts' municipally owned utility company Holyoke Gas & Electric (HG&E) with a battery-storage system.