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Gridserve begins roll out of 'Electric Highway'

Gridserve begins roll out of 'Electric Highway'
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North Texas Inno - Follow the money: A roundup of DFW tech and startup fundings, M&As and investor activity in June

North Texas Inno - Follow the money: A roundup of DFW tech and startup fundings, M&As and investor activity in June
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Climavision Raises $100M in Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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Ontario Teachers' Pension Plan Board to Acquire Evoltz from TPG

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Ontario Teachers’ Pension Plan Board to Acquire Evoltz from TPG
May 10, 2021 GMT
TORONTO and SAO PAULO, May 10, 2021 /PRNewswire/ - Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) is pleased to announce that it has entered into a definitive agreement with TPG, a global alternative asset firm, to acquire a 100 percent interest in Evoltz Participações S.A. (“Evoltz”), a leading electricity transmission platform in Brazil. Founded by TPG in 2018, Evoltz consists of seven electricity transmission lines that total more than 3,500km across 10 states in Brazil. ....

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Ontario Teachers to buy Brazilian electricity firm Evoltz from TPG

By IPE staff2021-05-10T15:27:00+01:00
Ontario Teachers’ Pension Plan Board is buying an electricity transmission platform in Brazil from TPG.
Ontario Teachers has agreed to buy Evoltz Participações from the global alternative asset manager for an undisclosed sum.
Founded by TPG in 2018, Evoltz consists of seven electricity transmission lines that total more than 3,500km across 10 states in Brazil.
Dale Burgess, senior managing director, infrastructure and natural resources at Ontario Teachers, said: “Evoltz is a highly attractive portfolio of power transmission concessions that provides reliable power to businesses and consumers across Brazil.
“Our strategy focuses on allocating significant capital to high-quality core infrastructure assets with lower risks and stable inflation-linked cash flows. Electricity transmission businesses are particularly attractive given their importance in facilitating a transition to a low-carbon economy.” ....

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