Illinois TRS announces $100m commitment to Brookfield by Kali Persall | Feb 26, 2021 The Teachers’ Retirement System (TRS) of the State of Illinois has disclosed a $100 million commitment to Brookfield Asset Management on behalf of its $8.6 billion real assets portfolio.
AMP and Ares sign $1.8b private markets JV agreement by Kali Persall | Feb 26, 2021 Following months of discussions, AMP and Ares Management Corp. have entered into a nonbinding joint venture agreement regarding AMP’s private markets businesses.
Chevron launches $300m low-carbon fund by Kali Persall | Feb 26, 2021 Chevron Technology Ventures (CTV) has launched a new $300 million fund, focused on low-carbon technology investments.
BFIN rebrands as Sera Global, appoints experienced advisory team by Released | Feb 26, 2021 BFIN, a global independent real estate and infrastructure adviser, has rebranded as Sera Global. The name change is designed to reflect the evolution and expansion of the firm’s investment banking business into a global integrated strategic adviser.
AES bolsters renewables and energy storage portfolio with PPAs by Kali Persall | Feb 26, 2021 The AES Corp. signed 3 gigawatts of new power-purchase agreements (PPA) for renewables and energy storage in 2020, according to a Feb. 25 statement from the company.
EIB provides €211m for energy efficiency, innovation and digitalization in Slovakia by Kali Persall | Feb 26, 2021 The European Investment Bank Group has provided €211 million ($257 million) of loans, guarantees and equity commitments in Slovakia in 2020.
EDP dials up renewable investments in €24b green push by Kali Persall | Feb 26, 2021 Portuguese utility EDP is planning to pour €24 billion ($29 billion) into renewable power and grids in the United States and Europe over the next five years, according to Reuters.
JinkoSolar becomes first international solar company to sign decarbonization framework by Released | Feb 26, 2021 JinkoSolar Holding Co., one of the largest solar module manufacturers in the world, has become the first international solar company to have signed on to the Global Framework Principles for Decarbonizing Heavy Industry.
Partners Group acquires Finland’s Parmaco by Kali Persall | Feb 26, 2021 Partners Group has agreed to acquire Parmaco Oy, a Finnish provider of quality modular education buildings in the Nordics, from a consortium led by European private equity firms Terra Firma and Metric Capital. Financial terms were not disclosed.
CPP Investments’ CEO resigns by Kali Persall | Feb 26, 2021 Mark Machin, CEO of the Canada Pension Plan Investment Board (CPP Investments) has tendered his resignation.