Portland General Electric announces region’s largest battery-storage procurement by Kali Persall | May 3, 2023 Portland General Electric Company (PGE) has procured 400 megawatts of new battery-storage projects to help shore up Oregon’s energy grid. This is the largest single procurement of standalone energy storage to date by a utility in the United States outside the state of California.
Infrastructure in the 2020s: economics, environment, geopolitics by Benjamin Cole | May 1, 2023 For centuries, building and investing in infrastructure was primarily about developing the sinews of economic growth, such as the canals, railroads, highways and ports. Founding father Benjamin Franklin’s first claim to fame was in 1737 when, as postmaster general of Philadelphia, he earned admiration for improved service through better postal roads, eventually linking Philadelphia mail to New York City with a 24-hour turnaround time.
Deteriorating roads and bridges are costing U.S. drivers by Kali Persall | Apr 7, 2023 Aging roadways are costing American drivers — literally. QuoteWizard, a U.S. insurance comparison platform, recently released a study titled States with the Worst Road Infrastructure, which found that deteriorating roads and bridges cost drivers an average of $556 every year in repairs, and in some states, nearly $1,000.
EdgeCore, Penzance to build 36MW data center in northern Virginia by Kali Persall | Apr 6, 2023 EdgeCore Digital Infrastructure has forged a partnership with Penzance.
Macquarie announces preferred equity investment in Pavlov Media by Kali Persall | Mar 30, 2023 Macquarie Asset Management has made a preferred equity investment in Pavlov Media.
Harvest Partners to sell Lazer Logistics by Andrea Zander | Mar 29, 2023 Harvest Partners has reached a definitive agreement to sell Lazer Logistics to EQT Infrastructure VI fund (EQT).
Balfour Beatty–led JV wins $650m contract for Raleigh-Durham International Airport improvements by Released | Mar 28, 2023 Metcon Inc., Balfour Beatty’s building operations and joint-venture partner, in association with Right Build and Varnedoe Construction, has been selected to deliver a $650 million phased construction program at the Raleigh-Durham International Airport (RDU).
McMorgan launches second infrastructure fund, captures $200m of commitments by Kali Persall | Mar 24, 2023 McMorgan Infrastructure Fund II raises more than $200 million of commitments from investors.
First Sentier Investors outlines five structural trends to power listed infrastructure in 2023 by Kali Persall | Mar 24, 2023 Global listed infrastructure companies outperformed both global equities and bonds in 2022 — not surprising, given infrastructure tends to provide essential services, has strong pricing power, and often carries high barriers to entry and predictable cash flows.
Artificial intelligence: What is its future, and how will it affect data center markets? by Andrea Zander | Mar 21, 2023 New advancements in software applications and IT transformed client needs, prompting significant growth in data center inventory, according to CBRE Research.