May 9, 2024
Finance

Quinbrook Closes £120m Milestone Project Financing for Five Synchronous Condenser Projects

Part of the largest portfolio of privately owned synchronous condensers in UK LONDON, April 25, 2024–(BUSINESS WIRE)–Quinbrook Infrastructure Partners (“Quinbrook”), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition, today announced it has closed £120 million in new debt financing for a portfolio of five synchronous condenser projects. This

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Finance

Gold has been hitting record highs — why there’s a bullish case for silver too

Gold’s (GC=F) recent breakout to record highs has investors optimistic about silver (SI=F) as well. The commodity often referred to as gold’s “little brother” has been hovering above $28 an ounce, up roughly 23% over the past two months, versus a 19% rise for the yellow precious metal during the same period. “The typical pattern

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Investment

MidOcean Energy announces strategic investment from Mitsubishi Corp.

  Published by Jessica Casey, Editor LNG Industry, Thursday, 04 Apr 24 MidOcean Energy, a global LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has announced a strategic investment by

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Investment

Greenbacker grows investments team to continue push into Energy Transition Real Estate, hires new Head of Acquisitions

Greenbacker Capital Management LLC Evan Sherman joins fellow Blackstone alum, David Zackowitz, at GCM to launch a differentiated sustainable real estate strategy focused on “the power play” NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) — Greenbacker Capital Management (“GCM” or “Greenbacker”), a leading sustainability-focused alternative asset manager, is pleased to announce the expansion of its

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Finance

GE Vernova Completes Spin-Off and Begins Trading on the New York Stock Exchange

A purpose-built company to electrify and decarbonize the world, uniquely positioned with a scope and scale of solutions to accelerate the energy transition Executing with sustainability, innovation and lean at its core and delivering disciplined growth, margin expansion, higher free cash flow, and effective capital allocation Trading on the New York Stock Exchange under “GEV”

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Investors

Alaska’s State-Sponsored LNG Project Is Struggling To Find Investors

Last year, the Biden administration issued the green light for ConocoPhillips’ (NYSE:COP) $8 billion Willow project in Alaska, ending the company’s long wait much to the consternation and chagrin of environmentalists. ConocoPhillips is the largest crude producer in Alaska and also the largest owner of exploration leases, with extensive holdings in Prudhoe and the National Petroleum Reserve-Alaska (NPR-A). Whereas

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Funds

Middle East investments in China to bloom in amount, scope in 2024 as sovereign wealth funds aim to diversify: bankers

Saudi Crown Prince Mohammed bin Salman (right) welcomes Chinese President Xi Jinping in Riyadh on December 8, 2022. Photo: AFP “Middle Eastern sovereign wealth funds see opportunities in the attractive valuations of Chinese companies at the moment, and in the medium to long-term they are also very bullish on China and want to strengthen ties

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