KKR to invest more in Philippine energy sector

Global investment firm KKR & Co. Inc. is looking to pour in substantial investments into the Philippine energy sector as it moves to develop more clean energy sources. KKR, listed in the New York Stock Exchange, sees strong investment opportunities in the Philippine market as it undergoes an energy transition, KKR’s Asia Pacific Infrastructure Team […]

Actis sells Saavi Energia

Actis, a global investor in sustainable infrastructure, has sold Saavi Energía (Saavi), the fourth largest independent power producer and the largest privately held stand-alone power generator in Mexico, to Global Infrastructure Partners (GIP). Terms of the transaction have not been released. Saavi has a geographically diverse 2.2 net GW portfolio of six CCGTs, three compression […]

Former Apollo partner Beard preps $200 million energy SPAC

Greg Beard, a former senior partner at private equity company Apollo Global Management Inc, plans to raise $200 million in an IPO for a blank-check acquisition firm focused on the energy sector, according to people familiar with the matter. Beard’s special purpose acquisition company (SPAC) will file for an IPO with the U.S. Securities and […]

Tailwater Capital, a Dallas private equity firm expects ‘active 2021’

Tailwater Capital announced three acquisitions in the last month, and the firm’s co-founders and managing partners said there will be more to come in 2021. The Dallas-based private equity firm, which focuses on middle market infrastructure associated with energy, expects this to be an active year for acquisitions, about one year after it closed its fourth […]

BlackRock heading to net-zero but holds large fossil fuel investments for now

BlackRock Inc. is pressing companies worldwide to start planning for a net-zero economy, but the world’s largest asset manager still has substantial investments in fossil fuel companies, including coal producers. The number of fossil fuel investments that BlackRock holds declined steadily from the third quarter of 2019 through the third quarter of 2020, the most […]

AMP Capital establishes Indian energy transmission platform with Sterlite Power

Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity strategy. AMP Capital and Sterlite Power will each invest an initial amount of approximately USD150 million […]