-
1 week ago | 
irei.com | Kali Persall
TPG, through its TPG Rise Climate Transition Infrastructure strategy, has acquired Altus Power, a commercial-scale provider of clean electric power. The all-cash transaction valued Altus Power at approximately $2.2 billion, including outstanding debt. As a result of the deal, Altus Power is now a privately held company.
-
1 week ago | 
irei.com | Kali Persall
Infinity Investments, a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), has reached an agreement to sell its 24.99 percent stake in Vier Gas Holdings, the owner of Open Grid Europe (OGE), to Italian energy infrastructure company Snam for €920 million ($1 billion). OGE owns and operates Germany’s largest natural gas transmission system.
-
1 week ago | 
irei.com | Kali Persall
Catalyze, a fully integrated developer and independent power producer (IPP) of distributed renewable-energy assets, has secured an $85 million tax equity investment from RBC Community Investments (RBC). The financing will support the construction and completion of approximately 75 megawatts of commercial and industrial (C&I) and community solar projects across the United States in 2025. Catalyze’s distributed generation portfolio now totals 300 megawatts of projects in operations and construction.
-
1 week ago | 
irei.com | Kali Persall
PATRIZIA and Mitsui & Co. have made a strategic investment, committing up to $350 million toward the expansion of Kaer’s Cooling as a Service (CaaS) business in Asia. The investment was made via the APAC Sustainable Infrastructure Fund (A-SIF). Kaer, the fastest growing CaaS provider in Asia, enables businesses to transition to low-carbon cooling to serve their operations while reducing capital expenditure.
-
1 week ago | 
irei.com | Kali Persall
Terawatt Infrastructure, a company focused on powering electrified fleets with EV charging solutions, has opened a medium- and heavy-duty truck EV charging hub in Rancho Dominguez, Calif. Located 12 miles north of the ports of Long Beach and Los Angeles, the Rancho Dominguez site is strategically positioned to support electric trucking fleet operations in and out of the largest container ports in the United States.
-
1 week ago | 
irei.com | Kali Persall
Morrison’s portfolio company, FiberLight, a provider of U.S. high-capacity fiber optic networks and connectivity services, has agreed to acquire Metro Fiber Networks (MFN), a dedicated fiber provider serving carriers and public institutions in Richmond, Va., and Virginia Beach, Va. Financial terms were not disclosed. MFN's advanced, low-latency fiber network assets will strengthen FiberLight's ability to deliver high-quality, infrastructure-grade bandwidth solutions to its customers in Virginia.
-
1 week ago | 
irei.com | Kali Persall
Quinbrook Infrastructure Partners has announced the expansion of its large-scale Supernode battery storage project by signing stage three offtake contracts with Stanwell Corp. The stage three expansion adds an additional 250-megawatt/four-hour battery energy storage system (BESS), bringing the total installed capacity to 750 megawatts and 2,540 gigawatt-hours. It is believed to be one of the largest to date in Australia’s National Electricity Market.
-
1 week ago | 
irei.com | Kali Persall
The Virginia Retirement System (VRS) has committed $100 million to True Green Capital Fund V, a closed-end infrastructure fund investing in renewable-energy assets in the United States and Europe. True Green Capital Fund V is managed by True Green Capital Management, a specialized renewable energy infrastructure fund manager with a focus on distributed power generation.
-
1 week ago | 
irei.com | Kali Persall
Spearmint Energy, a next-generation energy company focused on large-scale battery storage, has closed more than $250 million in financing for two battery energy storage systems (BESS) in Texas’ ERCOT power market. Spearmint also has begun construction of the two 100-megawatt/200-megawatt-hour BESS projects, known as Tierra Seca and Seven Flags, which are located in Del Rio and Laredo, respectively.
-
1 week ago | 
irei.com | Kali Persall
CVC DIF has acquired two purpose-built student accommodation assets in the United Kingdom from Mapletree Global Student Accommodation Private Trust. The assets will be added to the Ottoway Portfolio platform, CVC DIF’s student housing platform and an investment of DIF Infrastructure VI, which already includes a portfolio of eight student housing assets in the United Kingdom. Ottoway is focused on delivering student-centric housing in thriving academic centers.
