CIP to sell stake in Thailand offshore wind farm by Kali Persall | Jul 14, 2021 Copenhagen Infrastructure Partners has agreed to sell a 25 percent stake in the 595-megawatt Changfang and Xidao (CFXD) offshore wind farm in Thailand to Global Power Synergy Public Company. Financial terms were not disclosed.
GI Partners launches new technology and science fund by Kali Persall | Jul 14, 2021 GI Partners has launched a new fund to invest in the technology and life sciences sectors.
CPP Investments establishes Japan data center venture with Mitsui by Andrea Zander | Jul 14, 2021 Canada Pension Plan Investment Board (CPP Investments) has established a data center joint venture with Mitsui & Co. Ltd., one of Japan’s largest general trading and investment companies. CPP Investments will allocate approximately C$400 million ($320 million) in equity into the venture.
Enel X and Volkswagen Group sign electric vehicle JV in Italy by Kali Persall | Jul 13, 2021 Enel X and Volkswagen Group have agreed to establish a joint venture to enhance the electric vehicle uptake in Italy.
U.S. mayors urge Congress to pass Bipartisan Infrastructure Framework by Released | Jul 13, 2021 A group of 369 mayors have urged Congress to take immediate action on the Bipartisan Infrastructure Framework announced by President Biden and a group of Republican and Democratic senators in June.
EDF Renewables and Goldman Sachs announce commercial operation of solar project by Released | Jul 13, 2021 EDF Renewables North America (EDFR) and the Renewable Power business within Goldman Sachs Asset Management have announced the commercial operation of the Toms River Solar Project, delivering 28.9 megawatts of clean renewable energy. The project, built on BASF Corp.’s property by EDFR in coordination with PVOne and Goldman Sachs, is New Jersey’s largest solar project and the largest solar project built on a Superfund site in the United States.
Tiger Infrastructure–backed Sunlight Financial merges with Spartan Acquisition Corp. II by Kali Persall | Jul 13, 2021 New York City–based financing company Sunlight Financial has merged with Spartan Acquisition Corp. II, a publicly traded special purpose acquisition company sponsored by funds managed by an affiliate of Apollo Global Management.
Dominion Energy and Berkshire Hathaway Energy call off pipeline deal by Kali Persall | Jul 13, 2021 Dominion Energy and Berkshire Hathaway Energy have agreed to terminate the planned sale of Questar Pipelines to Berkshire Hathaway Energy, due to ongoing uncertainty associated with achieving clearance from the Federal Trade Commission.
CIT Group provides $68m in financing for 150MW solar farm in Texas by Released | Jul 13, 2021 CIT Group’s power and energy business has arranged $68.4 million in financing for the acquisition of Crane Solar, a 150-megawatt solar farm located in Crane County, Texas, and an adjacent 25-megawatt battery development.
Sera Global adds two managing partners to global infra practice by Released | Jul 13, 2021 Sera Global has added two managing partners to its global infrastructure private capital advisory (PCA) business.