Regulation

Congress is the closest it has ever been to passing massive climate reform. The bill is packed with tax credits, grants and even a new green bank – so what could this mean for US infrastructure?

Vision Ridge partner George Polk says shifts among policymakers and food companies have sharply increased demand for renewable natural gas.

Quinbrook halfway to $2 billion target; Ridgewood hits first close on Fund II; and Macquarie’s growing Americas focus. Welcome to The Pipeline, the start-the-week briefing for our valued subscribers only.

Four of the 57 funds closed accounted for more than 54% of the total raised during the first half of the year.

The firm plans to leverage its expertise building logistics centres across the APAC region for its new digital infrastructure fund.

Earlier efforts to reform carried interest taxation had stalled, before US Senator Joe Manchin announced on Wednesday that he and Senate Majority Leader Chuck Schumer had worked out a deal.

While the sector is becoming more attractive, accelerating the country’s energy transition will still require greater levels of ambition.

Scott Farquhar, Mike Cannon-Brookes and Andrew Forrest are investing directly in renewables, signalling a new approach among the wealthiest.

The project, closed last month, was nearing financial close at the beginning of 2020. Then, the pandemic struck and the risk structure was overhauled.

The fund, which is targeting up to $2bn, received a $250m commitment from the Pennsylvania Public School Employees' Retirement System earlier this year.