Advances in battery technology stand to boost renewables, while posing challenges for traditional power and gas-fired generators, according to the rating agency’s latest report.
Sumitomo Mitsui Asset Management will act as the ‘gatekeeper’ to conduct due diligence on the fund of funds manager.
The firm’s third and largest vehicle of its kind is targeting capital from domestic institutional investors.
Peter Wright and Rinku Bhadoria have joined the Cleveland-based law firm as partners.
The 200MW Baynouna project will be the largest of its kind in the country and is the second investment by the Solar Wind fund.
The firm’s fourth energy infrastructure fund raised three-quarters of its $2bn target between September and December, as it races towards its hard-cap.
The region is looking to roll out the first state-level asset recycling scheme, while the National Highways Authority is expecting bids for a package of roads next month.
The vehicle has already secured $75m of commitments, with the manager expecting domestic LPs to contribute 40% of its $1bn target.
The firm’s third fund is targeting £1.5bn with a £1.8bn hard-cap.
Now that the dust has settled, we can reveal that infra strategies raised just shy of $58bn last year. Find out the most popular strategies and biggest funds.
James Rubin, who worked in private equity before joining New York State government, has been appointed to the new position.
The US midstream sector continues to roll in 2018 after numerous billion-dollar deals last year.
GLP China is the first firm to issue B&R bonds following a late December issuance by the China Development Bank.
An RFI for highway widening schemes on I-495 and I-270, worth a combined $7.6bn, received 27 responses.
The deadline for financial proposals for a light rail PPP was pushed back after the US government passed sweeping legislation.