Indian domestic airline SpiceJet has inked a memorandum of understanding (MoU) with Avenue Capital Group for financing, acquisition, and sale and lease‐back of up to 50 new aircraft to be ordered by the former. The MoU outlines the next steps and conditions under which the US-based Avenue Capital Group will help with placing of SpiceJet’s […]
Atlantica Sustainable Infrastructure has signed an agreement to acquire Coso Geothermal Power Holdings, the owner of 135MW geothermal power plants in California, for about $170 million. The seller of the geothermal power plants is a consortium of investors comprising Bardin Hill Investment Partners, Avenue Capital, Corre Partners Management, and Voya Financial. Geothermal Power Holdings owns […]
AltaGas, a North American energy infrastructure company based in Calgary, has signed multiple deals to divest certain non-core midstream and power assets in Canada and power assets in the US for a total of around $560 million. The company will spend the proceeds from the sale for the repayment of a major portion of the […]