Bernhard Capital–backed Atlas to be acquired by GI Partners in $1b cash deal by Kali Persall | Feb 2, 2023 Atlas Technical Consultants, a portfolio company of Bernhard Capital Partners’ BCP Fund I, has entered into a definitive agreement to be acquired by GI Partners in an all-cash transaction valued at $1.05 billion, including outstanding debt.
Michigan energy-storage technology company closes $300m funding round by Released | Feb 2, 2023 Our Next Energy Inc. (ONE), a Michigan-based energy-storage technology company, has closed a $300 million Series B capital raise at a post-money valuation of $1.2 billion.
Blackstone Real Estate Partners X edges closer to $30b fundraising target by Kali Persall | Feb 2, 2023 Blackstone Real Estate Partners X is nearing its estimated target of $30.3 billion.
Self-storage portfolio sells for $266m by Andrea Zander | Feb 1, 2023 Wentworth Property Co., in a joint venture with an institutional equity investor, has sold an 18-property self-storage portfolio in the Western United States and Texas for an estimated sales price of $266.2 million.
J.P. Morgan’s Campbell Global acquires over 250,000 acres of commercial timberland valued at more than $500m by Released | Feb 1, 2023 Campbell Global has acquired more than 250,000 productive acres.
U.S. consumer confidence declined in January by Released | Feb 1, 2023 The Conference Board Consumer Confidence Index® decreased in January following an upwardly revised increase in December 2022.
Ariel Alternatives closes inaugural $1.45b fund by Released | Feb 1, 2023 Ariel Alternatives has closed its Project Black fund.
John F. Kennedy International Airport to be powered by solar, natural gas by Kali Persall | Feb 1, 2023 New York officials have announced a 11.3-megawatt microgrid plan for John F. Kennedy International Airport.
ExxonMobil awards FEED contract for world’s largest low-carbon hydrogen production facility by Kali Persall | Jan 31, 2023 ExxonMobil has announced the next step in the development of the world’s largest low-carbon hydrogen production facility.
Minimum-wage workers need three roommates or four jobs to afford a two-bedroom rental by Released | Jan 31, 2023 Only in 10 of the 50 largest U.S. cities can two full-time workers earning minimum wage comfortably afford a typical two-bedroom rental. Nationally, four minimum-wage workers would have to double up in both bedrooms to not stretch their budgets.