October 5, 2024

Global Infrastructure Partners (GIP)

Siemens Gamesa
Eversource Takes Another Financial Hit with OSW Exit
Eversource Energy has formally ended its costly foray into offshore wind development, finalizing the sale of its last two offshore assets and predicting a half-billion-dollar loss as a result. 
Shutterstock
FERC Approves $3B BlackRock Deal for Global Infrastructure LLCs
FERC approved a deal in which BlackRock would buy all the limited liability company interests in Global Infrastructure Management for $3 billion in cash and 12 million shares of BlackRock Funding.
Allete
Canada Pension Board, Global Infrastructure Partners to Buy Allete
Canada's pension board and a private equity firm intend to buy Allete for $6.2 billion, a deal that appears to make some Minnesota regulators apprehensive.
South Fork Wind
Eversource Finds OSW Buyer, Takes $1.95B Hit for 2023
Eversource finalized its long-running attempt to sell off its offshore wind assets, but not soon enough to avoid a $1.95 billion impairment for 2023.

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