Data center M&A deals in 2020 surpass the 2019 total by Released | Apr 23, 2020 The value of data center–oriented M&A deals that closed in the first 16 weeks of 2020 has already surpassed the 2019 total, according to new data from Synergy Research Group.
Arcus’ Swiss4net signs fiber-to-the-home deal with Swiss municipality by Kali Persall | Apr 23, 2020 Swiss4net, a Swiss fiber-to-the-home (FTTH) business that was bought out by Arcus Infrastructure Partners in 2018, has signed an agreement with the municipality of Ascona in the Ticino Canton region of Switzerland to construct a new network using the town’s existing utility duct infrastructure.
APG, CPP Investments and ESR establish $1b South Korean logistics development JV by Andrea Zander | Apr 23, 2020 APG, Canada Pension Plan Investment Board (CPP Investments) and ESR have entered into a strategic agreement to establish a new development joint venture, ESR-KS II, with a total equity allocation of $1 billion, representing an investment capacity to deliver as much as $2 billion of new development projects in South Korea.
Uganda eyes $328m for major expressway project by Kali Persall | Apr 22, 2020 The government of Uganda is seeking $328 million for a billion dollar transportation project, known as the Kampala – Jinja Expressway project, according to several news sources. Funding is expected to be supplied by the African Development Bank and the French Agency for Development.
Digital Realty signs renewable agreement with Citi by Released | Apr 22, 2020 Digital Realty has announced a new 7.5-year power and renewable energy credit agreement with Citi to supply clean, renewable energy for Digital Realty’s portfolio of data centers in the Dallas area.
KKR mulls sale of stake in India’s Ramky Enviro Engineers by Kali Persall | Apr 22, 2020 KKR is considering the sale of its 60 percent stake in Indian environmental services provider Ramky Enviro Engineers Ltd. (REEL), people familiar with the matter told Bloomberg. KKR has reportedly been in talks with prospective buyers, which include a Chinese company.
Eneco nabs Shell vice president for CEO role by Kali Persall | Apr 22, 2020 Eneco has appointed As Tempelman, a vice president at Royal Dutch Shell in Singapore, as CEO and chairman of Eneco’s management board.
$2.4b Cellnex and Arqiva merger receives approval to move forward by Kali Persall | Apr 22, 2020 The United Kingdom’s Competition and Markets Authority (CMA) has approved the £2 billion ($2.4 billion) merger between Cellnex UK and Arqiva’s telecommunication infrastructure division.
NextEra Energy to invest $1b on battery-storage projects by Andrea Zander | Apr 22, 2020 NextEra Energy has plans to invest $1 billion on battery-storage projects next year, which is the largest ever by a power company.
Operations continue as planned within TRIG’s renewables portfolio by Kali Persall | Apr 22, 2020 The Renewables Infrastructure Group (TRIG), a London-listed investment company advised by InfraRed Capital Partners and RES, has disclosed that the company’s operating portfolio continues to perform well despite adverse effects caused by the COVID-19 pandemic.
U.S. oil demand down almost 20m barrels per day by Mike Consol | Apr 22, 2020 The coronavirus-related decline in economic activity has dealt a body blow to U.S. petroleum deliveries, plummeting by 19.4 million barrels per day in March, according to a report from the American Petroleum Institute (API). When compared with the same months of 2019, February and March petroleum demand decreased 4.6 percent and 4.0 percent, respectively, and represents the lowest March demand since 2015.
PBF Energy sells five hydrogen plants to Air Products by Kali Persall | Apr 22, 2020 PBF Energy, one of the largest independent refiners in North America, has completed the sale of five steam methane reformer hydrogen production plants to Air Products for a total consideration of $530 million.
Equinix and GIC enter JV to build out xScaleTM data centers in Japan by Released | Apr 21, 2020 Equinix has signed a joint venture valued at more than $1 billion with GIC, Singapore's sovereign wealth fund, to develop and operate xScaleTM data centers in Japan.
I Squared Capital sells Taiwan solar platform to Marubeni Corp. by Kali Persall | Apr 21, 2020 I Squared Capital has sold Chenya Energy, a dedicated solar development, construction and operating platform in Taiwan, to Marubeni Corp. Financial terms were not disclosed.
CDPQ appoints head of real assets and private equity by Kali Persall | Apr 21, 2020 Macky Tall has been appointed head of real assets and private equity at the Caisse de dépôt et placement du Québec (CDPQ). He formerly served as head of liquid markets and was the executive vice president of infrastructure, overseeing infrastructure strategy and investments.
