Offshore wind market to soar to $56.8b in next five years by Kali Persall | Aug 9, 2021 Offshore wind has come to be regarded as a crucial component of the green energy mix. Multinational companies such as Equinor and energy giant Total are taking initiatives to cut down their carbon footprints, and various government policies have been established to support the shift toward green energy.
ReNew Power signs PPA for round-the-clock renewable energy in India by Kali Persall | Aug 9, 2021 India’s ReNew Power has signed a power-purchase agreement (PPA) with the government-owned Solar Energy Corporation of India (SECI), for round-the-clock (RTC) electricity supply, the first-of-its-kind in India.
IFC to invest in Vietnam insurance company, PVI by Kali Persall | Aug 9, 2021 International Finance Corp. (IFC) has announced plans to invest up to $25 million equivalent in common shares of PVI Holdings, the largest non-life insurance company in Vietnam.
American Electric Power unveils Sustainable Finance Framework by Released | Aug 9, 2021 American Electric Power (AEP) has developed a Sustainable Finance Framework, which will allow the company and its subsidiaries to issue green, social and sustainability bonds, loans or other financial instruments and allocate the funds to investments that enable positive social and environmental change.
Macquarie invests $1.4b in the U.K.’s Southern Water by Kali Persall | Aug 9, 2021 Macquarie Asset Management has agreed to acquire a majority stake in Southern Water Services, which serves 2.6 million water and 4.7 million wastewater customers in the United Kingdom.
Walmart signs significant solar deal with Nexamp by Released | Aug 9, 2021 Walmart has inked a contract with Nexamp as an anchor tenant to support 129 megawatts of community solar projects, in one of the biggest deals of its kind.
DWS brings on seasoned infra debt adviser by Kali Persall | Aug 9, 2021 Stephen Davies, an experienced infrastructure debt adviser, has joined DWS Infrastructure Equity.
Texas TRS commits $150m to Nuveen Ag Infrastructure Fund by Kali Persall | Aug 9, 2021 The Teacher Retirement System (TRS) of Texas has committed $150 million to an infrastructure strategy managed by Nuveen Alternatives Advisors.
IMCO to establish global battery storage platform through Green Frog Power acquisition by Kali Persall | Aug 6, 2021 The Investment Management Corporation of Ontario (IMCO) has agreed to acquire 100 percent of U.K. power generator Green Frog Power.
Thyssenkrupp sells infra business to FMC Beteiligungs by Kali Persall | Aug 6, 2021 Thyssenkrupp Infrastructure has sold its infrastructure business to independent German investment company FMC Beteiligungs for an undisclosed amount.
Grain collects $104m in equity financing to extend U.K. fiber footprint by Kali Persall | Aug 6, 2021 Grain Connect, a provider of fiber-optic internet in the United Kingdom, has secured a £75 million ($104 million) financing package from Equitix, alongside Albion Capital, its existing institutional backer.
IFM moves closer to acquiring stake in Naturgy by Kali Persall | Aug 6, 2021 The Spanish government has approved the offer by IFM Global Infrastructure Fund (IFM GIF) to acquire a 22.689 percent stake in Spanish utility Naturgy Energy Group, according to various news reports.
Presidio secures private placement notes to bump up oil and gas investments by Released | Aug 6, 2021 Presidio Investment, a portfolio company of Morgan Stanley Energy Partners, has secured an inaugural issuance of asset-backed securities in a private placement transaction with a syndicate of U.S.-based institutional investors.
TRIG hits generating capacity of 1,941MW in first half of 2021 by Kali Persall | Aug 6, 2021 The Renewables Infrastructure Group (TRIG), a London-listed investment company advised by InfraRed Capital Partners and RES, has reached a portfolio generation capacity of 1,941 megawatts in first half 2021, compared to 1,820 megawatts in first half 2020.
Legacy Investing and Invesco expand data center portfolio by Kali Persall | Aug 6, 2021 Legacy Investing and joint venture partner Invesco Real Estate have closed a second sale-leaseback transaction with Flexential Corp. for their 18-megawatt data center in Plano, Texas.