Phillips 66 to pay $3.8b for DCP Midstream public units by Kali Persall | Jan 9, 2023 Phillips 66 has signed a definitive agreement to acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit.
CCI acquires stake in European battery-storage company by Released | Jan 9, 2023 Castleton Commodities International has acquired a majority stake in S4 Energy BV.
Raven SR, Chevron and Hyzon Motors collaborate to produce hydrogen from green waste in Northern California by Released | Jan 9, 2023 Raven SR and Hyzon Motors Inc. have plans to collaborate.
Dextra Partners announces formation with $2.5b of investable capital from strategic partners by Released | Jan 9, 2023 Dextra Partners announced its formation.
U.S. economy adds 223,000 jobs in December by Loretta Clodfelter | Jan 6, 2023 Total nonfarm payroll employment increased by 223,000 jobs in December.
Silicon Ranch conducts $600m equity raise by Andrea Zander | Jan 6, 2023 Silicon Ranch Corp. has conducted a $600 million equity raise.
Mall visits during December increase again; “incredibly positive sign” heading into 2023 by Andrea Zander | Jan 6, 2023 In 2022, shopping malls experienced whiplash after a post-pandemic boom was met with increasingly difficult economic headwinds.
REITs drop 5% in December, decline by nearly one-quarter in 2022 by Loretta Clodfelter | Jan 6, 2023 REITs dropped 5.1 percent in December, according to the FTSE Nareit Equity REIT Index, and fell 24.4 percent in the past year.
Global luxury real estate buyers adapting to uncertainty, yet bullish on real estate by Released | Jan 6, 2023 The global wealthy are living in a state of adaptability to uncertainty, but remain quite bullish about ultra-luxury residential real estate.
Record demand for senior housing was seen in 2022 by Andrea Zander | Jan 6, 2023 The senior housing occupancy rate increased 0.9 percentage points from 82.1 percent in third quarter 2022 to 83.0 percent in fourth quarter 2022, according to data from NIC MAP Vision. The occupancy rate has increased 5.2 percentage points from a pandemic low of 77.8 percent in second quarter 2021.
PG&E teams with Energy Vault to build and operate largest green hydrogen long-duration energy storage system by Andrea Zander | Jan 5, 2023 Energy Vault Holdings and Pacific Gas & Electric Co. (PG&E), a subsidiary of PG&E Corp., have partnered to deploy and operate a utility-scale battery plus green hydrogen long-duration energy storage system (BH-ESS) with a minimum of 293 megawatt-hours of dispatchable carbon-free energy.
Andros Capital Partners closes second energy fund at $750m by Andrea Zander | Jan 5, 2023 Andros Capital Partners has closed its second investment fund Andros Energy Capital II at its $750 million hard cap.
Seaside Equity Partners closes oversubscribed fund II at $325m by Andrea Zander | Jan 5, 2023 Seaside Equity Partners has closed it second private equity investment fund, Seaside Equity Partners II.
Industrial supply outpaces demand for second consecutive quarter by Released | Jan 5, 2023 Industrial supply has outpaced demand for the second consecutive quarter.
Inland Private Capital announces delivery of its latest self-storage conversion by Released | Jan 5, 2023 Inland Private Capital Corp. (IPC), together with Devon Self Storage Holdings, a privately held national storage operator and developer, has opened its latest self-storage conversion in Allentown, Pa.
