Investment will fund over 100 MW of new solar deployment Soltage LLC (Soltage) and Basalt Infrastructure Partners LP (Basalt) today announced the first close of $70 million on a $140 million equity capital partnership to fund over 100 megawatts (MW) of commercial and industrial (C&I) and utility pipeline solar projects across the United States. The partnership expects to…

Basalt Infrastructure Partners LP (“Basalt”) announces today that it has entered into a definitive agreement to acquire 100% of the ownership interest in Comax France S.A.S. (“Comax”) from Maxim Power Corp. Comax owns and operates 32 contracted natural gas-fired electric generation facilities in France including a number of combined heat and power facilities. The facilities…

Transatlantic infrastructure investment firm Balfour Beatty Infrastructure Partners LLP (“BBIP”) today announces a renaming and rebranding of the firm as Basalt Infrastructure Partners LLP (“Basalt”). This also sees the firm establishing itself as an independent fund management business that will be 100% owned by the partners of the firm. Basalt’s investment strategy will continue to…

BBIP and ERock Form Texas Microgrid with Signed Contracts in Excess of 50 MWs Balfour Beatty Infrastructure Partners LP (BBIP) and Enchanted Rock, Ltd. (ERock) today announced the closing of an equity financing to fund the construction of microgrid power assets in the state of Texas. The microgrid assets will be owned through a newly…

BBIP (Balfour Beatty Infrastructure Partners, L.P.) announced today that it has secured control of 100 percent of the shares in Alkane Energy plc (Alkane or the Company) through its wholly owned subsidiary Barbican Bidco Limited. This follows the recommended cash offer, supported by Alkane’s board and largest shareholder announced on 16 September 2015. This public…

BBIP (Balfour Beatty Infrastructure Partners LLP) are pleased to welcome three new joiners to the Investment Team, bringing the global team to 16 people. Christopher Tiano and Sylvester Burley have joined the US office, while Marcus Berg has joined the UK office. With their wealth of knowledge and experience they will complement and strengthen the…

Wightlink Ferries has a new owner. Balfour Beatty Infrastructure Partners LP (BBIP) has purchased the company from Macquarie European Infrastructure Fund (MEIF) for an undisclosed sum. Chief Executive Russell Kew, Chief Operating Officer John Burrows, and their management team remain in charge of the company. Similarly, there will be no changes to staffing, pricing, routes…

BBIP (Balfour Beatty Infrastructure Partners LP) announced today that it has entered into a definitive agreement with Integrys Energy Group, Inc. (NYSE:TEG) to purchase 100 percent of the stock of Upper Peninsula Power Company (UPPCO). UPPCO is a regulated electric utility business that provides distribution and power supply services to approximately 52,000 residential, commercial, and…

BBIP (Balfour Beatty Infrastructure Partners LP) announces today that its wholly owned portfolio investment company, McEwan Power, has entered into a definitive agreement for its tenth acquisition of ground mounted operational UK solar assets. Following this acquisition McEwan Power will consist of ten operating solar parks throughout the southern parts of the UK, with a…

Balfour Beatty Infrastructure Partners LLP (BBIP), the operator led infrastructure investment firm, today announced the hiring of Rob Keough to join the firms New York office as Principal, to focus on the origination, execution, and management of infrastructure investments in North America. Rob brings over 15 years of experience in transportation and infrastructure finance to…