I Squared Capital

KODE Labs Secures $30M Series B Funding to Propel Global Net-Zero Building Emissions

Retrieved on: 
월요일, 4월 15, 2024
EDI, Capital, Internet of things, Real estate investment trust, Health, Machine learning, I Squared Capital, Carbon, Intelligence, Environment, Venture round, Ford, KODE, Growth

DETROIT, April 15, 2024 /PRNewswire/ -- KODE Labs, a pioneering Detroit-based autonomous smart building startup, proudly announced the closure of a robust $30 million Series B round. Spearheaded by Maverix Private Equity, this milestone round also saw enthusiastic participation from esteemed partners TELUS Ventures and existing investor I Squared Capital. The infusion of strategic capital marks a pivotal moment for KODE, empowering the company to help buildings worldwide achieve net-zero emissions.

Key Points: 
  • The infusion of strategic capital marks a pivotal moment for KODE, empowering the company to help buildings worldwide achieve net-zero emissions.
  • Since 2017, KODE Labs has been at the forefront of transforming the smart building landscape.
  • Etrit Demaj, co-founder of KODE Labs, stated that buildings account for a staggering 39% of global carbon emissions, making the transformation of building operations critical for the environment.
  • The Series B funding serves as a testament to the company's steadfast dedication to forging a sustainable future, one smart portfolio at a time.

Minerals Technologies Announces Election of Kristina M. Johnson to Board of Directors

Retrieved on: 
화요일, 3월 26, 2024
Master of Science, Electrical engineering, Ohio State University, I Squared Capital, State university system, Education, Duke University, University, Electricity, MTX, Senior, MTI, Mineral, Cisco, State, Stanford University, National academy, Johns Hopkins University, Computer, Government, Management

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced that Kristina M. Johnson has been elected to its Board of Directors.

Key Points: 
  • NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced that Kristina M. Johnson has been elected to its Board of Directors.
  • “We are excited to welcome Kristina Johnson to our Board,” said Douglas T. Dietrich, Chairman and Chief Executive Officer.
  • She currently serves on the boards of DuPont and Cisco Systems, Inc., and previously served on the Minerals Technologies Inc. Board from 2000 to 2009.
  • Dr. Johnson will begin her service on the MTI Board of Directors on May 13, 2024.

Star Leasing Company, Commercial Trailer Leasing, Inc., Cooling Concepts, and North East Trailer Services Leasing Announce Intent to Change Name to TEN (Transportation Equipment Network)

Retrieved on: 
금요일, 4월 5, 2024
Other Manufacturing, Other Transport, Chemicals, Plastics, Technology, Logistics, Supply Chain Management, Transport, Manufacturing, Other Technology, Partner, I Squared Capital, Star, Knowledge, NETS, Multimedia, Concept, CTL, Cargo

Star Leasing Company, CTL (Commercial Trailer Leasing, Inc.), Cooling Concepts, and NETS Leasing (North East Trailer Services), portfolio companies of I Squared Capital, announced today their intent to rebrand and change their name to TEN (Transportation Equipment Network).

Key Points: 
  • Star Leasing Company, CTL (Commercial Trailer Leasing, Inc.), Cooling Concepts, and NETS Leasing (North East Trailer Services), portfolio companies of I Squared Capital, announced today their intent to rebrand and change their name to TEN (Transportation Equipment Network).
  • View the full release here: https://www.businesswire.com/news/home/20240405724373/en/
    TEN offers full-service trailer solutions that keep businesses moving forward.
  • We are excited about the future and our combined ability to provide employees, customers, and suppliers with a platform unlike any other.
  • This is truly just the beginning of our journey to build a completely unique company,” said Scott Nelson, President.

I Squared wins Eight Infrastructure Investor Awards

Retrieved on: 
금요일, 3월 1, 2024
Professional Services, Finance, Permian, EM, EQUITY, Investment, Natural gas, Mubadala Investment Company, Square, Trondheim, Crown corporations of Canada, Personality of the year, Bombay Stock Exchange, Business Trust in India, Trust, Cube, HEXA, Partner (business rank), Environment, Capital, CIO, FUND, Polaris, I Squared Capital, OECD, Personality, Renewable energy

I Squared Capital, a leading independent global infrastructure investment manager, today announced the firm had won eight Infrastructure Investor Annual Awards.

Key Points: 
  • I Squared Capital, a leading independent global infrastructure investment manager, today announced the firm had won eight Infrastructure Investor Annual Awards.
  • This includes global awards for Fund Manager of the Year, Mid-Market Investor of the Year, and Innovator of the Year.
  • MID-MARKET INVESTOR OF THE YEAR, GLOBAL
    I Squared closed its landmark $1.8 billion ISQ Growth Markets Infrastructure Fund, focused on smaller deals in emerging markets.
  • TRANSPORT INVESTOR OF THE YEAR, ASIA-PACIFIC
    I Squared Capital completed the public listing of Cube Highways, its Indian toll roads platform, this year.

I Squared Capital signs definitive agreements establishing $1.2 billion DFC Climate Fund

Retrieved on: 
목요일, 1월 18, 2024
Professional Services, Finance, DFC, Capital, Risk, Climate, Investment, I Squared Capital, Transport, Renewable energy

I Squared Capital, a leading independent global infrastructure investment manager, is pleased to announce that it has closed its first dedicated Climate Fund set up in conjunction with U.S. International Finance Development Corporation (DFC).

Key Points: 
  • I Squared Capital, a leading independent global infrastructure investment manager, is pleased to announce that it has closed its first dedicated Climate Fund set up in conjunction with U.S. International Finance Development Corporation (DFC).
  • DFC will commit $300 million alongside commitments from funds led by I Squared Capital of $900 million to invest in climate related infrastructure projects.
  • It also mitigates regulatory and political risk and enables investments in infrastructure-related sectors at attractive risk adjusted returns in high growth emerging economies,” said Sadek Wahba, Chairman of I Squared Capital.
  • A leader in infrastructure investments in emerging economies, over the past decade, I Squared Capital funds have committed $7.9 billion to infrastructure investments in emerging markets across a diverse group of sectors including energy, utilities, transportation, social infrastructure, digital infrastructure, and environmental infrastructure.

CheckSammy secures $45M Strategic Investment to Expand Waste Diversion from Landfills

Retrieved on: 
수요일, 1월 24, 2024
Square, ESG, Carbon, I Squared Capital, Data aggregation, Airline

DALLAS, Jan. 24, 2024 /PRNewswire/ -- CheckSammy, the world's largest bulk waste and sustainability operator, today announced a $45 million strategic investment that will enhance the company's ability to deliver transparent, measurable waste diversion and carbon reduction benefits to companies.

Key Points: 
  • This is Zero Infinity Partners' second investment in CheckSammy, reaffirming their belief in the company's mission and commercial success.
  • CheckSammy provides on-demand, same-day bulk waste removal and bespoke sustainability services, with revenue growing 40x since first commercializing in 2020.
  • The funding will allow the first-of-its-kind circular waste management service provider to improve its ability to help companies achieve and verify their waste diversion goals.
  • CheckSammy is a natural fit at I Squared, and we are pleased to partner with them as they expand their operations and deepen their technology leadership in the waste sector."

TIP Group raising additional liquidity under its Borrowing Base Facilities (BBF) and Asset Backed Securitisation Arrangements (ABS)

Retrieved on: 
수요일, 12월 20, 2023
Professional Services, Transport, Logistics, Supply Chain Management, Finance, ABS, TIP, Piper, Growth, ING Group, I Squared Capital, DLA Piper, ABN AMRO, Strategic planning, ABN, CFO, BBF, Rabobank

The existing borrowing base financing arrangements (consisting of revolving and term debt) (BBF) were increased by €425 million totalling to €2,298,250,000.

Key Points: 
  • The existing borrowing base financing arrangements (consisting of revolving and term debt) (BBF) were increased by €425 million totalling to €2,298,250,000.
  • TIP welcomes 8 new lenders and is grateful to its existing lender group for their continued support and additional liquidity.
  • On 01 December 2023, the TIP Group also raised an additional €65 million via its asset backed securitisation arrangement (the ABS) with existing lenders, increasing the total capacity under that program to €265 million.
  • ABN AMRO, ING Bank and Rabobank acted as joint coordinators and active book runners to the TIP Group on the BBF transaction.

I Squared Capital Announces Opening of New Office in São Paulo, Brazil

Retrieved on: 
목요일, 12월 14, 2023
Banking, Asset Management, Professional Services, Finance, Urbanization, Paulo, Investment, Growth, Food, Capital, Partner (business rank), I Squared Capital, Renewable energy, Ocensa pipeline

I Squared Capital, a leading global infrastructure investment manager, announced today that it is has opened a new office in São Paulo, Brazil.

Key Points: 
  • I Squared Capital, a leading global infrastructure investment manager, announced today that it is has opened a new office in São Paulo, Brazil.
  • The office, I Squared’s first in South America, will position the firm to capitalize on the growing infrastructure investment opportunity in Brazil, and the region, and advances I Squared’s global expansion strategy.
  • Sadek Wahba, Managing Partner and Chairman, I Squared, commented: “I Squared has set to expand where it is able to do business and Brazil specifically, was a key part of that plan.
  • Brazil has a long and successful track record welcoming private infrastructure investment in many sectors and we are excited for the opportunities we see.

Deutsche Bahn signs agreement to sell Arriva to I Squared

Retrieved on: 
목요일, 10월 19, 2023
Public Transport, Environment, Rail, Finance, Transport, Professional Services, Sustainability, Transportation, Asset Management, Travel, Digital, Sale, Conrad Electronic, Deutsche Bahn, Development, Federal republic, Financial Oversight and Management Board for Puerto Rico, Federation, Serbia, Atmosphere, Federal Ministry of Budget and National Planning (Nigeria), Multimedia, Bahn, Growth, I Squared Capital, City, DB, Sweden, Federal Ministry for Digital and Transport, CFO, Investment, Capital, Airline, Renewable energy, Arriva, Energia, COVID-19

Deutsche Bahn AG (DB) and I Squared Capital have signed an agreement for the sale of the whole of Arriva Group, including all of its operating businesses across 10 European markets, to I Squared, a leading global infrastructure investment manager.

Key Points: 
  • Deutsche Bahn AG (DB) and I Squared Capital have signed an agreement for the sale of the whole of Arriva Group, including all of its operating businesses across 10 European markets, to I Squared, a leading global infrastructure investment manager.
  • The sale of non-core markets, including Arriva Sweden and Portugal in 2022 and Arriva Serbia, Denmark and Poland (Bus) was completed this year.
  • Dr Levin Holle, Member of the Management Board for Finance and Logistics and CFO of Deutsche Bahn AG: “We are happy that I Squared is willing to support Arriva in its future growth.
  • We’re confident that Arriva and I Squared together can play a vital role in delivering innovative and sustainable public transport offerings across Europe.”

I Squared Capital Boosts its Energy Transition Strategy through Absolute Energy Acquisition

Retrieved on: 
수요일, 10월 4, 2023
Finance, Alternative Energy, Energy, Professional Services, Asset Management, Wind, Electricity, Growth, Capital, I Squared Capital, Partner (business rank), RES, Carbon, Renewable energy

I Squared Capital, a leading global infrastructure investment manager, announced today that it has signed an agreement to acquire, in an exclusive transaction, up to 95 percent of Absolute Energy, an investment platform focused on renewable energy and broader energy transition technologies.

Key Points: 
  • I Squared Capital, a leading global infrastructure investment manager, announced today that it has signed an agreement to acquire, in an exclusive transaction, up to 95 percent of Absolute Energy, an investment platform focused on renewable energy and broader energy transition technologies.
  • The transaction advances I Squared’s strategy to support the global energy transition by investing in, developing, and scaling assets and technologies that accelerate the transition to a low carbon energy system.
  • “I Squared is excited to contribute our capital and our expertise to the continued growth of Absolute Energy, whose robust project pipeline will be critical to the energy transition in Italy,” said Gautam Bhandari, Global CIO and Managing Partner at I Squared Capital.
  • “This investment uses our platform building expertise to convert a large pipeline of renewables projects into a modern, integrated energy utility that champions energy transition in Europe.”
    “This significant capital infusion from I Squared comes at a pivotal moment for Absolute Energy,” said Alberto Pisanti, CEO of Absolute Energy.