SWFI First Read, December 24, 2016
The Silverfern Group Invests in Broad River Energy Center Located in South Carolina
On December 20, 2016, The Silverfern Group, finalized its acquisition of Broad River Power Holdings, an 878 MW dual-fuel, simple-cycle gas turbine electric power plant strategically located 40 miles from Charlotte, North Carolina, in partnership with Texas-based Arroyo Energy Investment Partners LLC. The seller was Energy Capital Partners. Broad River Energy Center is a 5×0 Simple Cycle Generating Facility producing electricity under a long term tolling agreement located in Gaffney, South Carolina. Broad River utilizes 5 GE 7FA.03 gas turbine generators for the generation of electrical power. The units can be on the grid and supplying power within 15 minutes to help serve peak and emergency loads.
Neil McGregor to Exit Temasek in March 2017 to Become CEO of Sembcorp
Neil McGregor, Head of Energy & Resources and Senior Managing Director at Temasek Holdings, is exiting the wealth fund to become Group President and CEO of Singapore-based Sembcorp Industries Ltd, effective April 1, 2017. Before working at Temasek Holdings in June 2014, McGregor was CEO of Singapore LNG Corporation Pte Ltd.
The Ascott Limited Expands Footprint to Ireland
The Ascott Limited, a unit of CapitaLand, expanded its footprint to Ireland by purchasing an operating hotel in Dublin, the 136-unit Temple Bar Hotel for €55.1 million.
CPPIB Announces Sale of 45% Interest in 1221 Avenue of the Americas
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