Sector Investment 24-Hour Briefing
×Renewable Energy
New guidance for US renewables developers on navigating FEOC rules may have brought some helpful clarity, though adaptation continues. The rules aim to address supply chain concerns while supporting clean energy growth.
Infrastructure Deals
Blackstone Strategic Partners is leading on EQT's evergreen vehicle for Edge Connex, expected to reach $2 billion in size once established. The structure allows for future expansion as the data center platform grows.
Real Estate Strategy
Peter Zabierek of Easterly Ranger notes that Trump's homeownership push creates uncertainty over policy and valuation, but not immediate cashflows. The executive order's impact remains unclear for real estate investors.
Platform Expansion
Nuveen is seeking a recapitalization for its €1 billion Nordic self-storage platform, Green Storage. The manager aims to bring in third-party capital to accelerate growth of the TIAA-owned platform.
Infrastructure Risk
Legal disputes are becoming more frequent in infrastructure projects, creating a potential "dispute super cycle." These disputes can be costly and are downstream of many project concerns.
Pension Allocations
The New Bedford Retirement Board has issued an RFP for value-add real estate managers, seeking to allocate up to $12 million. The Massachusetts-based public pension is looking to diversify its real estate exposure.