CenterPoint Energy said it would sell its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners, as the electric and gas utility plans to focus on its regulated business. Several...
Polymetal International agrees to sell Russian assets in $3.69 bln deal
Precious metals producer Polymetal International said on Monday it had agreed to sell its Russian assets in a $3.69 billion deal that takes into account the debt of the Russian business. Polymetal has been seeking to...
Actis to acquire Patel Infra’s HAM assets for Rs 1,500 crore
Actis, the UK based investor in sustainable infrastructure, will acquire a portfolio of operational and under-construction Hybrid Annuity Model (HAM) road assets from Patel Infrastructure Limited (PIL). Actis has...
Alibaba considers sale of consumer assets including Freshippo, RT-Mart – sources
Chinese internet giant Alibaba Group opens new tab is looking to sell a number of consumer sector assets, including grocery business Freshippo and retailer RT-Mart, three sources with knowledge of the situation said...
Hong Kong billionaire Richard Li seeks to sell asset manager PineBridge – sources
Hong Kong investment firm Pacific Century Group (PCG), founded by billionaire Richard Li, is seeking to sell its majority stake in asset manager PineBridge Investments, according to three people with knowledge of the...
Brookfield looking to sell 1.6 GW clean energy India assets
Five years after entering the renewable energy sector in India, Canadian investor Brookfield Asset Management is looking to partially monetise its clean energy assets. Among the largest infrastructure investors in the...
Silver Hill Energy Partners to buy Liberty Resources’ North Dakota assets
Silver Hill Energy Partners said on Wednesday it would acquire Liberty Resources II’s interests in oil and gas properties and all of Liberty Midstream Solutions in North Dakota for an undisclosed amount. Merger...
China to merge three major asset managers into China Investment Corp -Xinhua
China plans to merge three of the nation’s biggest bad debt managers into sovereign wealth fund China Investment Corp (CIC), state-run Xinhua Finance News reported, as part of a plan to reform financial...
KKR’s road InvIT to acquire 12 assets from PNC infratech
Highway Infrastructure Trust, an infrastructure investment trust (InvIT) backed by private equity firm KKR, has agreed to acquire a dozen road projects from PNC Infratech Ltd and PNC Infra Holdings Ltd for a total...
KKR’s road InvIT to acquire 12 assets from PNC infratech
Highway Infrastructure Trust, an infrastructure investment trust (InvIT) backed by private equity firm KKR, has agreed to acquire a dozen road projects from PNC Infratech Ltd and PNC Infra Holdings Ltd for a total...
Williams to buy natural gas storage assets for $1.95 bln
Pipeline operator Williams said it would buy a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion, to cater to rising demand from liquefied natural gas projects. The deal...
IL&FS to sell stakes in three road assets as InvIT plan fails
Crisis-hit infrastructure finance firm IL&FS is set to sell its stake in three road projects as part of the resolution process after the company’s new board failed to get approvals to transfer these assets to...