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BlackRock has acquired a North American solar and energy storage business that was launched in 2012 as a GE subsidiary.
John Breckenridge, formerly head of clean energy infrastructure at Capital Dynamics, will lead the newly formed Arevon Energy.
GPs are venturing into new sub-sectors as they diversify and chase higher returns. But do they have the skillsets to do so successfully?
solar energy
The Singapore-based company will also commit over $2bn in recycling infrastructure in the Asia-Pacific region over the next two years.
A holistic and flexible approach is needed to address the vast opportunity that the energy transition offers, says Marco van Daele, co-CEO and chief investment officer at SUSI Partners.
The Australian fund manager will target both domestic and offshore investors in 2019 as it seeks to raise a total of $723.5m for investments at home and in New Zealand.
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