Thames London water River Thames
Renationalisation of the UK utility may have been narrowly avoided last year, but the company remains in troubled waters, writes Philipp Kurek.
DigitalBridge flagship raises over $2.7 billion, LPs ramp up infra stake sales and Stonepeak ploughs $3 billion into US offshore wind. Welcome to The Pipeline, the start-the-week briefing for our valued subscribers only.
Tax
The tail end of 2023 saw an uptick in IRA-enabled tax credit transfers, with estimates for market size ranging from $4bn-$9bn. That number is expected to grow, despite market inconsistencies.
While open to nuance, investors are signalling what they want out of energy transition investing.
Head of APAC infra David Luboff says the firm’s Asian infra strategy has played out ‘better than I could have ever hoped’.
The US’s northern neighbour is introducing investment tax credits for clean energy, hoping replicability can be the answer to attracting investment. 
The open-end private fund received its first round of funding at the end of 2023. It seeks to reach $1bn over the next 18-24 months.
Asterion eyes €3.6 billion for Fund III, Macquarie’s reduced renewables market and GIP takes $1.1 billion dive into US waters. Welcome to The Pipeline, the start-the-week briefing for our valued subscribers only.
The Energy Transition Opportunities Pool will invest an initial C$1bn across a number of energy transition fund managers, while hoping to do direct deals in the future.
Uncertain market conditions, the COP28 agreement and the US’s recent decision to halt LNG exports signal that the lifespan of some of these assets may be shorter than assumed.
ii
ii

Copyright PEI Media

Not for publication, email or dissemination