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Lazard Sustainable Private Infrastructure Fund Completes Sale of Shawton Energy
Lazard Asset Management today announced that the Lazard Sustainable Private Infrastructure Fund has successfully completed the sale of its interest in Shawton Energy Limited to AMPYR Distributed Energy, part of AGP Group. This transaction is the inaugural realisation of the SPI investment portfolio, delivering an approximate 20% internal rate of return (IRR) for the Lazard…
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SHS Group Secures €1.7 Billion Financing to Advance Hydrogen-Based Green Steel Transformation in Saarland
The SHS – Stahl-Holding-Saar Group (SHS Group), together with its subsidiaries Dillinger (Aktien-Gesellschaft der Dillinger Hüttenwerke) and Saarstahl (Saarstahl Aktiengesellschaft), has successfully secured financing for its Power4Steel transformation project – one of Europe’s largest decarbonisation initiatives. The total financing package amounts to approximately EUR 1.7 billion, ensuring full funding for the entire duration of the…
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TenneT secures equity funding for TenneT Germany through future partnership with large institutional investors in Europe
TenneT Holding announces that it has reached agreement with three large institutional investors in Europe regarding their investment in TenneT Germany: APG (investing on behalf of Dutch pension fund ABP), Singapore sovereign wealth fund GIC and Norges Bank Investment Management (NBIM). With this transaction TenneT and its sole shareholder the Dutch state secure the equity…
