BlackRock, Microsoft, Global Infrastructure Partners (GIP), and MGX have unveiled the Global AI Infrastructure Investment Partnership (GAIIP), a strategic collaboration aimed at building the infrastructure necessary to meet the rising demand for artificial intelligence (AI) computing. This initiative seeks to unlock $100 billion in investment potential, starting with an initial $30 billion of private equity […]
TC Energy Corporation, a significant player in the energy sector listed on both TSX and NYSE, announced that it has inked a deal to sell a 40% stake in its Columbia Gas Transmission, LLC (Columbia Gas) and Columbia Gulf Transmission, LLC (Columbia Gulf) systems. This $5.2 billion transaction implies an enterprise value to a comparable […]
KKR and Global Infrastructure Partners (GIP) have signed an all-cash deal worth around $15 billion to acquire CyrusOne, in a move to take the American data center real estate investment trust (REIT) private. The consideration for the deal is inclusive of the data center REIT’s outstanding debt. According to the terms of the transaction, GIP […]