energy
CDPQ invests $100m in India's Azure Power
Caisse de dépôt et placement du Québec (CDPQ) has invested $100 million in Azure Power, an Indian solar panel company listed in the US.
Deal focus: A repeat prescription for Korean shipping
Hahn & Company has secured a $3.7 billion corporate restructuring of SK Shipping with a view to implementing the same operational improvements that have proved successful with H-Line
GIC-backed Greenko makes add-on acquisitions
Greenko Energy, an Indian renewable energy producer owned by GIC Private, has completed the acquisition of Orange Renewables and agreed to buy Skeiron Green Renewables. The two deals will increase Greenko’s overall operational capacity from 3.2 gigawatts...
Blockchain VCs invest $20m in Singapore's AI Grid
A group of VCs specializing in blockchain-related investments has backed a $20 million round for The AI Grid Foundation, a Singapore-based company that promotes decentralized renewable energy usage.
CDPQ to invest $364m in CLP India
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest INR26.4 billion ($364 million) in CLP India, the India subsidiary of China’s CLP Holdings.
Partners Group agrees $142m Australia wind farm acquisition
Partners Group has agreed to pay Macquarie Capital and Renewable Energy Systems (RES) A$200 million ($142 million) for a construction-stage wind power project in Australia.
Temasek commits $400m to India's NIIF
Temasek Holdings has agreed to invest up to $400 million in India’s National Investment Infrastructure Fund (NIIF).
Tata-ICICI energy fund to take over India coal project
Resurgent Power Ventures, an energy-focused investment vehicle set up by Tata Power and ICICI Venture, has agreed to acquire a 75% stake in Prayagraj Power Generation, which operates a coal power plant in India.
Deal focus: BlackRock finds an entry into Taiwan solar
BlackRock Real Assets acquires a solar power portfolio from a Taiwan renewable energy specialist, marking a number of firsts for the firm
Macquarie buys Asia solar platform
Green Investment Group (GIG), a global clean energy investment platform managed by Macquarie Capital, has acquired Conergy Asia & ME, a Singapore-based solar power developer owned by Goldman Sachs Asset Management and Tennenbaum Capital Partners.
BlackRock buys Taiwan solar portfolio
BlackRock Real Assets has agreed to acquire a 28-project solar power portfolio in Taiwan for an undisclosed sum.
China’s 51Zhaoyou gets $150m in Series C funding
Chinese B2B oil trading platform 51Zhaoyou.com has raised $150 million across two tranches of Series C funding.
Denham closes global mining fund at $558m
Denham Capital, a resources and energy-focused GP, has closed its first global mining fund at $558 million. The vehicle is intended to grow the firm's portfolio in Australia, Canada, South America and Africa.
Macquarie exits 80% stake in Australia wind farm
Macquarie Capital has exited an 80% holding in Australian wind farm project Lal Lal, with Canada-based Northleaf Capital Partners and UK-based Infrared Capital Partners each taking 40% stakes.
GIC-backed Greenko raises $447m, plans acquisition
Greenko Energy, an Indian renewable energy producer owned by the Singapore sovereign wealth fund, GIC Private, has raised $447 million primarily from GIC and the Abu Dhabi Investment Authority (ADIA).
Lone Star to buy Australia-listed Sino Gas for $402m
Sino Gas & Energy Holdings, an Australia-listed natural gas developer focused on China, has accepted a A$530 million ($402 million) buyout offer from Lone Star Funds.
Deal focus: PEP wins first secure assets fund deal
Pacific Equity Partners has teamed up with Landis+Gyr to buy Origin Energy's Australia smart meters business. They plan on bankrolling - through fund and co-investment - a nationwide rollout
Partners Group commits $530m to Australia renewables platform
Partners Group has agreed to invest A$700 million ($530 million) in an Australian renewable energy platform with plans to advance an existing wind power project.
PEP, Landis+Gyr to acquire Australia smart meter business
Pacific Equity Partners (PEP) and Landis+Gyr, a Switzerland-based technology supplier to the electricity industry, have agreed to jointly acquire Australian smart meter company Acumen for A$267 million ($202 million).
Australia's Santos rejects EIG buyout offer
Australia-listed oil and gas supplier Santos has rejected a buyout offer from EIG Global Energy Partners backed by China-based private equity firm Hony Capital and gas distributor ENN Group. The deal would have valued the company at up to $10.9 billion.
CDH, DCP to invest $70m in China's Sunpower
DCP Capital Partners, a private equity firm established by the former China heads of KKR, has agreed to jointly invest $70 million alongside CDH Investments in Chinese energy industry supplier Sunpower.
Deal focus: CITIC backs China geothermal energy player
Investing in Icelandic geothermal energy required a certain level of creative thinking from CITIC Capital and China Everbright. But their partner, Artic Green Energy, is already making a difference in China's polluted cities
GIP to buy IDFC's India infrastructure business
Global Infrastructure Partners (GIP) has agreed to buy the infrastructure business of IDFC Alternatives, the alternative asset investment arm of India’s IDFC Group.
Asian investors commit $150m to Arctic Green Energy
CITIC Capital and China Everbright have committed $100 million in debt and equity funding to Iceland-based geothermal energy developer Arctic Green Energy (AGE), alongside a $50 million loan facility provided by the Asian Development Bank (ADB).