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IPS acquires 2 companies in Washington state

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IPS, a Greenville-based company that specializes in service, repair and engineering for electric motors, generators and rotating equipment, has purchased Delta Electric Motors and Eastside Electric Motors, according to a news release.
Delta Electric, based in Tukwila, Wash., and Eastside Electric, in Spokane, Wash., are both full-service electrical apparatus companies. Luigi DiPietro founded Delta Electric in 1976, following a 14-year career with General Electric Co. The DiPietro family acquired Eastside Electric in 2002. DiPietro’s sons, Michael and Joseph DiPietro, lead Delta Electric and Eastside Electric and will continue in those roles with IPS.
Together, these companies employ 48 people and serve customers in the Pacific Northwest, including Washington, Montana and Idaho, as well as Alaska, British Columbia and Alberta. Both operations repair all types and sizes of electrical apparatus and participate in the Green Motors incentive plan, the news release s ....

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People moves: Barings restructures German leadership, Infracapital hires four

Madison International Realty, Urban Edge Properties,
Barings, Retirement Villages Group, The Crown Estate, St Modwen Properties, EcoWorld London
Infracapital – The infrastructure equity investment arm of M&G has hired
Lorenzo Cannizzo as director in the asset management team. He was most recently responsible for managing the continental European portfolio of
3i Infrastructure.
Iris Ivkovic has also joined as associate director in Infracapital’s greenfield transaction team. She was previously vice president at
Macquarie Capital where she was responsible for principal investments in green energy and infrastructure.
Adam Spencer has been appointed associate director in the financing and hedging team, having spent six years on the M&G project and infrastructure finance team. ....

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