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Biden-Harris Administration Announces $475 Million Investment to Support Clean Energy Solutions on Current and Former Mine Land. Biden-Harris Administration Announces $475 Million Investment to Support Clean Energy Solutions on Current and Former Mine Land http://ow.ly/fbqF105mOP9

Biden-Harris Administration Announces $475 Million Investment to Support Clean Energy Solutions on Current and Former Mine Land. Biden-Harris Administration Announces $475 Million Investment to Support Clean Energy Solutions on Current and Former Mine Land http://ow.ly/fbqF105mOP9

Biden-Harris Administration Announces $475 Million Investment to Support Clean Energy Solutions on Current and Former Mine Land. Biden-Harris Administration Announces $475 Million Investment to Support Clean Energy Solutions on Current and Former Mine Land http://ow.ly/fbqF105mOP9

The demand for copper is set to soar, driven by construction, automotive, renewable energy, and electric vehicles. Companies like Freeport McMoran are well-positioned to benefit from this trend. With global momentum towards sustainable infrastructure and significant government investments, infrastructure-related investments offer promising long-term growth and income potential. Click here to learn more about our latest article Investing in the Infrastructure Boom by Bryan Dooley, CFA, Chief Investment Officer: https://bit.ly/4bzdNWZ #Infrastructure #Sustainability #CopperDemand #ElectricVehicles #InvestmentOpportunities

In H-Town to build #FaegreDrinker energy & commodities practice with THE BEST CONNECTED Jamie Tranter of HC Group! (well, maybe he is tied for being the best with Bill Read and Paul Chapman) #DeannaReitmanCommodities

KYN: A Better Pipeline Summary Kayne Anderson Energy Infrastructure Fund has underperformed in the past, but its current portfolio and 15% discount to NAV are promising. Consensus estimates point to a 20% total return potential. The portfolio's 7% dividend yield is well-supported by EBITDA and reasonable leverage. KYN may be a solid beneficiary of the Fed easing cycle. Conclusion I rate KYN a BUY. From a past performance view, I would be more inclined to rate this fund a sell given performance vs. peers. However, the current portfolio seems attractive and on consensus estimates could deliver a high dividend yield (7%) and capital appreciation of 14%. While the consensus price target seems high, I assume analysts are factoring in a multiple expansion on lower rates as well as reduced debt cost that may boost EPS and DPS. This sector should benefit more than most from an easing cycle. In addition, the fund's 15% discount to NAV and leverage may add further upside. https://lnkd.in/ezttKgiM

Having an equal chance to thrive and prosper is invaluable

According to the newly released position paper, the newly defined #LDES target in #NewSouthWales defined as at least 8 hours in duration, which will complement the existing 2GW at 16GWh by 2030 goal. This initiative aims to create a clear investment signal to incentivize infrastructure development to address scheduled coal-fired power station closures expected by 2038. #Australia #Newsouthwales #Investment #EnergyTransition #Energystorage #InfrastructureDevelopment Australian Trade and Investment Commission (Austrade)

MAY 01, 2024 FIRST RESERVE COMPLETES THE SALE OF ITS INTEREST IN USA DEBUSK TO H.I.G. CAPITAL HOUSTON, May 1, 2024 /PRNewswire/ -- USA DeBusk LLC ("USA DeBusk" or the "Company"), a leading national provider of mission-critical industrial cleaning and infrastructure services, and First Reserve, a leading global private equity investment firm exclusively focused on investing across diversified energy, utility, and industrial end-markets, today announced that USA DeBusk and its management team have partnered with an affiliate of H.I.G. Capital. Financial terms of the transaction were not disclosed. Founded in 2012, USA DeBusk provides a comprehensive suite of industrial cleaning and infrastructure maintenance services to a diverse, blue-chip customer base across a broad range of end markets, including chemicals, renewable fuels, refining, and power generation. The Company first partnered with First Reserve in October 2019. USA DeBusk has since significantly expanded its geographic footprint, establishing 21 new branch locations, while broadening its specialty services offering. The Company has more than doubled its suite of service line offerings, including the introduction of emissions control solutions and other ESG-related services. "First Reserve's partnership, expertise and intimate knowledge of the industrial services end-markets played an essential role in supporting our significant organic growth over the last five years," said Andrew DeBusk, Chief Executive Officer of USA DeBusk. "As rising energy demand requires more output and increasingly dependable operations from critical infrastructure and the installation of newer, more sophisticated equipment, I am more confident than ever that the complementary, specialty cleaning and maintenance services we provide are uniquely suited to support our customers in this evolving landscape. We have great momentum across the business and are excited to continue executing on our strategy." Read the full story here: https://lnkd.in/gfCtKPW4

ECP (Energy Capital Partners), a private equity firm that says it is a “leading investor in the #energytransition” is buying a large, highly polluting coal-fired power plant in Ohio. The deal calls for ECP to buy the 2,709 megawatt, two-unit Gavin #coal plant in Ohio—the fifth-largest emitter of carbon dioxide (CO2) in the U.S. power sector. Since 2017, when Gavin was sold by American Electric Power to its current owners, private equity firms ArcLight Capital and Blackstone, Gavin has released more than 100 million tons of CO2 into the atmosphere. Gavin is one of only five plants in the U.S. to reach that rarified emissions total during this seven-year period, a level of unfortunate consistency that has annually placed it among the 10 dirtiest U.S. coal plants, averaging 14.62 million tons of CO2 emissions annually. ECP, founded in 2005 by former Goldman Sachs partner Doug Kimmelman, also touts its focus on “sustainable infrastructure.” The Gavin purchase is neither transitional nor #sustainable. To read my full account of the deal for the Institute for Energy Economics and Financial Analysis (IEEFA), see https://lnkd.in/eBUNN4yv