BlackRock, Korea's SK, Switzerland's UBS and other companies are chasing an investment boom in battery storage plants in Texas, lured by the prospect of earning double-digit returns from the power grid problems plaguing the state, according to project owners, developers.
Francesco Starace has joined EQT Infrastructure as a partner weeks after the ending of his nine-year stint as chief executive at Italy's biggest utility Enel, the Swedish private equity firm said on Monday.
Four international groups are competing to buy majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said.
The owners of UAE-based budget retailer Brands For Less Group (BFL Group) are considering selling a minority stake in the business to investors, two sources with direct knowledge of the matter said.
Belgian water management group Aliaxis said on Monday it had made a firm all-cash offer for Finnish plumbing and heating systems maker Uponor worth 1.87 billion euros ($2.06 billion).