Gaw Capital Partners appoints senior executive to lead clean-energy investment in Australia by Kali Persall | Dec 20, 2023 Gaw Capital Partners has appointed Oliver Yates as head of Australia.
BKW completes offtake agreement for offshore wind in Germany by Kali Persall | Dec 20, 2023 BKW has concluded a long-term power purchase agreement (PPA) with OWP Butendiek, an offshore wind farm located in the German North Sea.
Deal volume declined by 23.6 percent from 2022 to 2023 by Lewis Dayton | Dec 20, 2023 There was a decline of 23.6 percent from 2022 to 2023 for deals (mergers & acquisitions (M&A), private equity and venture financing) made from January to November in the respective years, according to a data report from GlobalData.
Fed holds rates steady and indicates series of cuts in 2024 by Lewis Dayton | Dec 20, 2023 With the economy moderating, the labor market balancing and inflation easing, the Federal Reserve decided to maintain the target federal funds rate at between 5.25 percent and 5.5 percent at its meeting in December, and indicated that multiple rate cuts could be coming in 2024.
Copenhagen Infrastructure V adds $535m commitment from Swedish insurance company Folksam by Kali Persall | Dec 19, 2023 Folksam, one of the largest insurance companies in Sweden, has invested SEK 5.6 billion ($535 million) in Copenhagen Infrastructure V.
AXA IM Alts and Cabot Properties complete 3.7MW community solar project in New Jersey by Kali Persall | Dec 19, 2023 A joint venture between AXA IM Alts and Cabot Properties has completed a 3.7-megawatt community solar project on the rooftop of an industrial building in Somerset, N.J.
Board of Regents of the University of Texas System pays $258m for hospital by Andrea Zander | Dec 19, 2023 The Board of Regents of the University of Texas System has purchased Webster Healthcare Facility II from Sila Realty Trust for $258.4 million.
Washington University in St. Louis posts -2.3% return for fiscal year by Lewis Dayton | Dec 19, 2023 The Washington University Investment Management Co. reported a –2.3 percent return for the fiscal year that ended on June 30, 2023, underperforming the Global 70/30 Stock/Bond benchmark of 10.8 percent.
Octopus Energy Group raises an additional $800m of capital from shareholders by Released | Dec 19, 2023 Octopus Energy Group has announced $800 million of additional investment from its existing shareholders.
199,000 jobs added to the U.S. economy in November by Lewis Dayton | Dec 19, 2023 Total nonfarm payroll employment in the United States increased by 199,000, roughly in line with consensus estimates, as the unemployment rate dropped from 3.9 percent to 3.7 percent.