Hints and tips:
...The reshoring of critical industries such as energy and semiconductors to the US, Pollock said, “requires a ton of new capital to reinforce supply chains and energy infrastructure”....
...However, there have been concerns about private equity’s rush into infrastructure and whether a long-term tendency to cut costs and trim services is in the best interests of customers and companies....
...“CVR Energy is a cash cow,” said Nick Moglia, a credit analyst with CreditSights....
...“Once companies, especially financial services companies, get to the $50bn market cap, their stock performance suffers,” Nuttall said. “Investor returns become more anaemic. Their growth slows.”...
...Kemble is the company set up to raise finance for Thames Water, which needs the cash to service its massive debt load....
...Pete Stavros, co-head of private equity at KKR, for example, has in recent years thrown huge energy into an initiative called Ownership Works, which gives a stake in private equity-owned companies to employees...
...The list of borrowers shifting from private to public debt markets includes Veritas-backed energy consultancy Wood Mackenzie and UK insurance broker Ardonagh, according to people briefed on the matter....
...EQT recently struck a large deal to acquire family-owned Heritage Environmental Services, which handles waste and industrial by-products from chemical plants, pipelines, rare earths manufacturing and semiconductors...
...The two media chiefs are now back at the negotiating table, this time over Hulu, the popular US streaming service that is home to shows such as Only Murders in the Building and The Bear....
...Jamal Hagler, the AIC’s vice-president of research, cites investments in new energy or energy transition infrastructure....
...Funds have also profited from rising energy prices by trading other types of assets....
...Proponents of Everest argued that it would allow both sides of EY to grow faster, freed from conflict-of-interest rules put in place after Enron that prevent firms from selling consulting services to their...
...That continued into this year with CVC netting more than three times its money on the $4.9bn sale of oil platform Neptune Energy last month....
...This is, at least in part, because money will flow into the energy transition. “There are huge structural tailwinds,” Lucas said....
...News round-up Energy Transfer to buy Crestwood for $7.1bn in latest US pipeline deal (FT) ArcelorMittal weighs possible bid for US Steel (Reuters) China thwarts Intel’s $5.4bn Israeli chipmaker purchase...
...They remain in Moscow’s infamous Lefortovo prison, which the FSB security service uses for defendants in the Russian political elite, pending appeal....
...The manoeuvre would simplify the structure of the sprawling Toronto-based company, separating the division that manages $364bn in fee-bearing assets across real estate, infrastructure, renewable energy,...
...It has also contracted power from large local utilities in order to handle the heavy energy needs of the properties it is planning to build....
...US investment firm Searchlight Capital has agreed to buy UK asset manager Gresham House in a £470mn deal, betting on sustained demand for renewable energy assets that the UK group is increasingly focused...
...“We’ve been a bit more biased towards buying traditional LP (limited partner) portfolios and we’ve been able to price them at an appropriate discount,” Hope said....
...products and services to our customers and continued strong returns to investors,” he said....
...KKR last month committed to buy $550mn of solar energy consumer loans from SunPower....
...Those that control assets that provide services we simply can’t do without — such as energy, shelter and water — are particularly powerful....
...Those at Hudson Yards boast advanced air filtration and energy efficiency, and vast floor plates that can accommodate an entire firm on a single floor....
...As our friends at Energy Source point out: “Chevron’s largest deal last year was a $3bn acquisition of biofuel producer Renewable Energy Group....
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