Nesco Holdings pays $1.5b for Custom Truck One Source by Kali Persall | Apr 2, 2021 Nesco Holdings has acquired Missouri-based Custom Truck One Source (CTOS) for $1.475 billion. The combined company will be known as Custom Truck One Source, Inc.
Tata Power assumes management of power distribution in Northeastern Odisha by Released | Apr 2, 2021 Tata Power, India’s largest integrated power utility, has taken over the management and operations of North Eastern Electricity Supply Company of Odisha (NESCO).
UBS Asset Management appoints Darren Rabenou to agriculture, ESG roles by Kali Persall | Apr 2, 2021 Darren Rabenou has been named head of food and agriculture and head of ESG investment strategies, covering real estate, infrastructure, private equity and agriculture at UBS Asset Management’s (UBS-AM) real estate and private markets (REPM) business.
Infra Impact completes $17m first close of maiden institutional infra fund by Kali Persall | Apr 2, 2021 South Africa–based Infra Impact Investment Managers Proprietary has raised ZAR 250 million ($17 million) in a first close target of its maiden institutional fund, the Infra Impact Mid-Market Infrastructure Fund 1.
Digital Edge to Expand Platform Footprint in South Korea by Released | Apr 2, 2021 Digital Edge (Singapore) Holdings Pte. Ltd. — established to transform the digital infrastructure in Asia and backed by Stonepeak Infrastructure Partners — has announced plans to expand its regional footprint to South Korea by entering into a definitive agreement to acquire Sejong Telecom’s data center assets in an all-cash transaction.
CDPQ and Energize Ventures launch $125m clean-energy partnership by Kali Persall | Apr 1, 2021 Caisse de dépot et placement du Québec (CDPQ) and Energize Ventures have launched a new co-investment partnership to invest in clean-energy technologies.
Greenbacker’s first solar-plus-storage power facility enters commercial operation by Andrea Zander | Apr 1, 2021 Greenbacker Renewable Energy Co. (GREC) announced that Rawhide Prairie Solar, a 22-megawatt project in Colorado, began commercial operation on March 19. GREC is managed by Greenbacker Capital Management (Greenbacker).
$65m investment earmarked for medical facility in Arizona by Released | Apr 1, 2021 Becton, Dickinson and Co. (BD), a global medical technology company, is planning to invest $65 million to construct a state-of-the-art facility in Tucson that will be a hub for the company's supply chain, serving as a final-stage manufacturing and sterilization center.
NextEra Energy Transmission acquires GridLiance from Blackstone by Released | Apr 1, 2021 NextEra Energy Transmission, a subsidiary of NextEra Energy Inc., has completed the previously announced acquisition of independent transmission company GridLiance from affiliates of Blackstone for $660 million, including the assumption of debt.
White House unveils once-in-a-generation $2t infra package by Kali Persall | Apr 1, 2021 President Joe Biden has unveiled a $2 trillion package for rebuilding the nation’s infrastructure, calling it a “once-in-a-generation investment.”