Last updated: March 24, 2026, 1:30 AM ET
Infrastructure & Energy Transition
LS Power secured a regulatory sweetener valued at $5 billion for a proposed natural gas project, even as broader trends suggest a slowdown in traditional infrastructure buildouts, evidenced by a reported 50 percent deceleration in U.S. data centre growth. Meanwhile, Quinbrook is building an internal Australian construction team to manage its battery storage pipeline, seeking greater control over execution amid severe labor market constraints in the region. This focus on internal capabilities contrasts with the broader industry focus, as signaled by the return of the high-profile Global Summit this week The Pipeline.
Real Assets & Valuation Practices
Hines acquired four UK mid-box logistics assets for a combined £60 million, expanding its core-plus fund’s footprint to eight similar properties in the British market. In asset management, Igneo Infrastructure Partners is prioritizing quarterly valuations to maintain client trust and avoid sharp, unexpected markdowns in fund performance. This valuation discipline comes as the firm concludes the exit process for its inaugural European fund, aiming to provide clear reporting to investors Niall Mills explained.