Ontario Teachers and Brookfield acquire 50% stake in Scotia Gas Networks by Kali Persall | Aug 3, 2021 A consortium consisting of Ontario Teachers’ Pension Plan and Brookfield Super-Core Infrastructure Partners has agreed to acquire a combined 50 percent stake in Scotia Gas Networks (SGN), the second-largest gas distribution network in the United Kingdom.
OMERS Infrastructure pays $219m for Azure Power by Kali Persall | Aug 3, 2021 OMERS Infrastructure has signed a stock-purchase agreement to acquire a 19.4 percent stake in Azure Power Global from International Finance Corp. and IFC GIF Investment Company I. The deal is expected to fetch $219 million.
I Squared Capital acquires Mexico’s largest data center operator by Kali Persall | Aug 3, 2021 I Squared Capital has agreed to acquire KIO Networks, the largest data center operator in Mexico.
Quarterly cloud market leaps to $42b — Amazon, Microsoft & Google Pocket 63% of dollars spent by Released | Aug 3, 2021 New data from Synergy Research Group shows that second quarter enterprise spending on cloud infrastructure services reached $42 billion, having increased by $2.7 billion from the previous quarter and up 39 percent from the second quarter of 2020.
5 questions for Richard Geddes on how to improve U.S. infrastructure policy by JAMES PETHOKOUKIS | Aug 2, 2021 Is the goal of infrastructure maintenance to spend a certain amount of money now, or do we also need to make sure we keep spending money going into the future?
Waste’s winning formula: Waste management infrastructure has attracted investor attention during COVID-19 by CHRIS ANDERSON | Aug 2, 2021 One of the infrastructure asset classes that has endured during the pandemic, and shown its resilience, is waste.
COFIDES and Grupo Ortiz to deliver new hospital in Colombia by Kali Persall | Aug 2, 2021 Madrid-based COFIDES is supporting Grupo Ortiz in the design, construction, provision and maintenance of the Bosa Hospital in Colombia.
Kent takes majority stake in SNC-Lavalin’s oil and gas division by Kali Persall | Aug 2, 2021 Kent, an integrated energy services partner formerly known as Kentech, has acquired the majority of SNC-Lavalin’s oil and gas division, with a minority portion to follow at a later date. Financial terms were not disclosed.
Greenbacker invests in Virginia’s Commonwealth Energy Partners by Kali Persall | Aug 2, 2021 Greenbacker Capital Management has made a strategic investment in Commonwealth Energy Partners (CEP), through the company’s subsidiary, CEP Solar.
Engie and RAC to launch energy efficiency project at Saudi Arabian airport by Kali Persall | Aug 2, 2021 Engie and Riyadh Airports Company (RAC), which manages and operates King Khalid International Airport (KKIA) in Riyadh, Saudi Arabia, has launched a new energy efficiency project to develop smart energy conservation measures at the airport.
Longroad Energy begins construction on Maine solar projects by Kali Persall | Aug 2, 2021 Longroad Energy has broken ground on four distributed solar projects in Maine. The projects have been under development by Longroad for over two years.
Terra-Gen finances the world’s largest integrated solar/battery storage project by Released | Aug 2, 2021 Terra-Gen, an independent renewable energy provider, has completed financing on the initial phase of its Edwards Sanborn Solar Storage facility in Kern County, Calif.
GSEO allocates $69m for Australia’s energy transition by Released | Aug 2, 2021 VH Global Sustainable Energy Opportunities (GSEO), a London-listed investment trust, has invested £50 million ($69 million) to acquire a portfolio of distributed solar generation assets in Australia.
Foresight Group hits €787m for FEIP by Kali Persall | Aug 2, 2021 Foresight Group has held an additional interim close for its sustainability-led energy infrastructure fund, Foresight Energy Infrastructure Partners (FEIP).
CIP fund makes foray into Indian renewables market by Kali Persall | Aug 2, 2021 Copenhagen Infrastructure Partners (CIP) has agreed to invest $100 million with Amp Energy India to enable more than $200 million of joint equity investments in utility and C&I renewable energy projects in India.
