Hints and tips:
...KKR has made 10 investments so far from the new fund, deploying more than half of the capital across energy, digital infrastructure and manufacturing assets....
...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”....
...International Energy Agency....
...In addition to energy investments, Carlyle has been investing heavily in energy infrastructure and the “energy transition” of shifting power generation to lower carbon-emitting sources such as renewables...
...While conventional energy companies such as Shell are focused on changing how energy is supplied, KKR could also invest in areas including vehicle electrification, hydrogen consumption and battery systems...
...“CVR Energy is a cash cow,” said Nick Moglia, a credit analyst with CreditSights....
...Energy bankers Muhammad Laghari and Alexander Burpee will also join Moelis in Houston as managing directors from Guggenheim....
...Airlines, including the likes of Southwest and United, are left waiting for new planes. They have had to cut back capacity and fares are rising....
...The feel-good factors here are plentiful: the Green Butler app, which gives guests real-time information on their energy usage, was recently installed in the rooms....
...Large utility, telecommunications, energy and technology groups are selling off assets to private buyers to bolster profits, fuelling what KKR expects to be trillions of dollars in investment opportunities...
...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....
...Infrastructure Investing today spans from toll roads to energy assets and semiconductor factories....
...Other companies: Telecommunications company Comcast, renewable energy group NextEra Energy, and defence contractor Northrop Grumman report earnings before the bell....
...This raises the question: why would Universal, a publicly traded company with a market value of some $50bn, partner up with a former energy trader to bankroll its acquisitions?...
...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...
...Even Southwest is the result of numerous acquisitions. The financial market may be smarter than antitrust lawyers, as Spirit’s share price immediately declined by 50 per cent after the ruling....
...Most of the deals were in the energy, tech and financial sectors, according to data from the London Stock Exchange Group....
...Jamal Hagler, the AIC’s vice-president of research, cites investments in new energy or energy transition infrastructure....
...News round-up Exclusive Singapore wine club closes as ultra-rich shun flash for discretion (FT) Diamondback Energy agrees to buy Endeavor in $26bn US oil deal (FT) PwC delays graduate scheme promotions...
...Job moves Simpson Thacher & Bartlett has hired Gabriel Silva as an energy and infrastructure partner in the firm’s New York office. He joins from Vinson & Elkins....
...After this week’s Magellan vote, Energy Income Partners said it was disappointed....
...The metal is heavily used in renewable energy projects and electric vehicles....
...For Esken, the airport remains the last remnant of an empire that once spanned haulage, energy and infrastructure. The company’s market capitalisation has shrivelled to £4.3mn....
...Merck & Co Q1, Microsoft Q3, Nestlé Q1 sales figures, Northrop Grumman Q1, Persimmon AGM and trading update, Porsche Q1, Royal Caribbean Cruises Q1, Sainsbury’s FY, Schroders AGM and Q1 update, Snap Q1, Southwest...
...Among the assets Energy Transfer operates is the Dakota Access crude oil pipeline, a target of staunch activist resistance before it finally connected North Dakota’s Bakken shale region to energy markets...
International Edition