With interconnection queues topping 2,000 GW of capacity, firms aim to expand engineering and advisory services upstream of transmission and generation construction
Private equity firm Littlejohn is backing grid consultant GDS as interconnection queues and power demand reshape when transmission, generation and substation projects reach construction.
Joule Capital Partners, with Caterpillar and Wheeler Machinery, plan what they say is Utah’s largest data center campus, pairing gigawatt-scale on-site power with unprecedented construction scope.
The U.K.-based engineer's board had agreed to talks with Apollo after its
latest $2.1-billion purchase offer made in April, but neither company would say why discussions ended on an
official deal.
As uncertainty drags on concerning federal funding levels for major infrastructure projects, stakeholders are looking more intensely than ever into what kinds of private capital are available—not only from entities traditionally interested in infrastructure, but also from companies such as Facebook.
A “shark tank” panel of private equity investors at the American Society of Civil Engineers innovation awards celebration in June shed light on how they evaluate prospects, what red flags they look for and how innovation is likely to advance in an industry whose customers are dominated by public sector owners predisposed to “say no.”