Zak Bentley
European boss Daniel Wong explains why Stonepeak's new core strategy is ideally suited to a high interest rate and inflation environment.
The watered-down climate bill is nevertheless a more holistic attempt to foster the realities of the energy transition.
The strategy's executive director, Ken-Ichi Hino, says the manager is ‘looking for more deals for stand-alone energy storage’.
I Squared has raised $1.7bn to date for the fund, having last week received a $150m commitment from the Florida State Board of Administration.
The fund, which is targeting up to $2bn, received a $250m commitment from the Pennsylvania Public School Employees' Retirement System earlier this year.
The open-ended Blackstone Infrastructure Partners now has total commitments of $30bn, edging closer to its initial target of $40bn.
The ever-increasing divergence on issues such as clean power and ESG means much-needed infrastructure in the US will suffer.
Ex-Stonepeak MD William Demas arrives to lead Americas while Ed Northam moves from Europe to become head of APAC, replacing Neil Arora, who departed.
Launched in 2019, the fund’s $800m target was re-sized in the wake of covid-19 and has made six investments at closing.
The US-based group has formed a joint venture with New Fortress Energy supplying LNG to countries historically ‘below the radar’ of energy companies.