Blackstone's wholly-owned portfolio company Transmission Developers Inc (TDI), has been selected by the New York State Energy Research and Development Authority (NYSERDA), as part of an extensive RFP process, to deliver clean, renewable power to New York City.
Nova Pangaea Technologies, a UK company which converts woody and agricultural residues into sustainable biocarbons, biofuels, biochemicals and biopolymers has raised a further GBP2.4 million from existing investors as part of a successful Series A funding round.
Victory Capital launches alternative investments platform with acquisition of New Energy Capital Partners
Victory Capital Holdings' wholly owned operating subsidiary Victory Capital Management Inc is to acquire 100 per cent of New Energy Capital Partners (NEC).
VH Global Sustainable Energy Opportunities (GSEO) - a London-listed investment company advised by Victory Hill Capital Advisors LLP (Victory Hill) - has made a GBP78 million programme commitment to fund innovative net zero flexible power generation projects in the UK, which support the energy transition towards more renewable power generation.
Tidal energy specialist Nova Innovation has secured GBP6.4 million from the Scottish National Investment Bank to fund manufacturing and distribution of its subsea tidal turbines. The investment will see Nova increase its presence across the UK and expand into new global markets.
Turquoise, a UK merchant bank specialising in energy, environment and efficiency, has invested in bio-bean through its Low Carbon Innovation Fund 2 (LCIF2).
Priority Power Management (Priority Power), an independent energy services provider, has secured a USD250 million investment from funds managed by Oaktree Capital Management (Oaktree) and other select institutional investors.
Turnspire Capital Partners (Turnspire) has completed its acquisition of the Daniel Measurement and Control business (Daniel) from Emerson Electric Co.
LevelTen Energy, a provider of renewable transaction infrastructure, has raised USD35 million in a Series C funding round led by NGP ETP, with participation from My Climate Journey (MCJ) Collective, as well as nearly all of LevelTen’s existing investors, including Avista Development, Constellation Technology Ventures, Equinor Ventures, Founders' Co-op, Prelude Ventures, Techstars, TotalEnergies Ventures and Wireframe Ventures.
Janus Continental Group (JCG), a conglomerate with businesses in the Energy, Hospitality and Real Estate sectors across three continents, has made a significant further investment in Highview Power, developer of liquid air long duration energy storage plants based on its proprietary cryogenic energy storage technology.