Zak Bentley
Decades of underinvestment have created, at times, a dangerous US water system. We look at how and why this could be set to change.
The group’s third fund more than doubles the $7bn raised by its predecessor, itself a more than doubling of the $3bn raised by Fund I.
The reversal of a landmark policy by the US energy regulator is a missed opportunity for gas as a transition fuel.
The close of Hull Street Energy Partners II comes just under three years after it wrapped up its maiden fund.
Apollo Infrastructure Opportunities Fund III could target up to $4bn, and follows the $2.5bn final close of Fund II, in January.
Jennifer Powers, GIP’s head of credit since 2017, and Reiner Boehning, a partner who helped establish the credit business in 2012, have both left the firm.
The manager is planning a greater allocation towards US renewables, focusing on an income-oriented strategy, following its acquisition by Sun Life.
The closing beat Global Infrastructure Investors IV’s $12bn target and significantly exceeds the $7.4bn raised by its predecessor in 2018.
Lake Street Railway Company in Michigan is a ‘unique’ asset and ‘hard to replicate’, Antin senior partner Kevin Genieser tells us.
The JPMorgan-advised IIF's $8.1bn acquisition of South Jersey Industries is the latest in a series of deals by funds looking to shape the decarbonisation path of US utilities.