Alaska Permanent Fund assigns $683 million
Alaska Permanent Fund assigns $683 million
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Alaska Permanent Fund Corp., Juneau, made $683 million in commitments and investments in the quarter ended March 31, a report for the $77 billion sovereign wealth fund s board meeting this week shows.
Within its private income and infrastructure asset class, APFC committed $75 million to
Digital Colony Partners II, an infrastructure fund that concentrates on data centers, cell towers and digital billboards among other investments, and $50 million to EnCap Energy Transition Fund I, a clean-energy fund managed by
EnCap Investments.
The sovereign wealth fund also made a direct investment of $68 million in Viva 3, purchasing the life settlement portfolio from Blackstone Group; made a $16 million follow-on investment in Vena Energy; and a $15 million co-investment in Bluestem Energy Solutions.
Jo-Carroll Energy completed solar project
Journal Standard
ELIZABETH Jo-Carroll Energy, in partnership with Bluestem Energy Solutions, has completed a 2.3 megawatt solar project in Jo Daviess and Carroll counties.
The now-operational solar farm consists of two solar array sites located near Apple Canyon Lake and Mount Carroll. It will provide a tax boost to both counties along with additional benefits to Jo-Carroll and its member-consumers.
The Apple Canyon Lake facility is a community solar project. Jo-Carroll Energy members who subscribe to this project receive a portion of their energy from the facility, which offers potential electric bill savings while contributing to local renewable energy.