Kuwait Investment Authority

FTC Solar to Supply 128MW Hybrid Solar Project in Australia

Retrieved on: 
Monday, October 3, 2022

AUSTIN, Texas, Oct. 03, 2022 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced that it has been selected to supply its Voyager solar tracker technology for the 128 megawatt Cunderdin hybrid PV solar and energy storage project in Western Australia.

Key Points: 
  • AUSTIN, Texas, Oct. 03, 2022 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced that it has been selected to supply its Voyager solar tracker technology for the 128 megawatt Cunderdin hybrid PV solar and energy storage project in Western Australia.
  • The project, owned by Global Power Generation (GPG) and located approximately 90 miles east of Perth, will be the largest DC-coupled solar PV and battery project in Australia.
  • This project represents our 23rd project in Australia, and our largest single-project in the country to date, with another impressive customer.
  • Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is aleading provider of solar tracker systems, technology, software, and engineering services.

Post Road Group Receives Strategic Minority Investment From Capital Constellation

Retrieved on: 
Thursday, March 3, 2022

Post Road Group (Post Road or the Firm), an alternative investment firm focused on real estate and middle-market corporate strategies, today announced that Capital Constellation has acquired a passive, minority ownership interest in Post Road to support the Firms long-term growth and development.

Key Points: 
  • Post Road Group (Post Road or the Firm), an alternative investment firm focused on real estate and middle-market corporate strategies, today announced that Capital Constellation has acquired a passive, minority ownership interest in Post Road to support the Firms long-term growth and development.
  • Capital Constellation, a group of premier global institutional investors, who, together with Capital Constellations affiliated funds (collectively, Constellation), provides transformative investment capital and expertise to growing investment management platforms, is managed by leading private equity and alternative investment manager Wafra Inc. (Wafra).
  • View the full release here: https://www.businesswire.com/news/home/20220303005354/en/
    Constellations investment in Post Road aligns with its strategy of backing rising entrepreneurial investment managers to establish the next generation of promising private equity and alternative investment firms.
  • The investment by Constellation follows the successful close of Post Road Special Opportunity Fund II at more than $300 million.

Broad Sky Partners Announces Investment From Capital Constellation and Acquisition of Thomas Scientific

Retrieved on: 
Thursday, January 27, 2022

Broad Sky Partners today announced a strategic investment from Capital Constellation, as well as its acquisition of Thomas Scientific, marking the teams first transaction.

Key Points: 
  • Broad Sky Partners today announced a strategic investment from Capital Constellation, as well as its acquisition of Thomas Scientific, marking the teams first transaction.
  • Broad Sky has received a strategic investment from Capital Constellation, a group of premier global institutional investors who, together with Capital Constellations affiliated funds (collectively, Constellation), provide catalytic investment capital and expertise to growing investment management platforms and is managed by private equity and alternative investment manager, Wafra Inc. (Wafra).
  • Broad Sky is also announcing that it has acquired Thomas Scientific from Carlyle, marking the firms first investment.
  • Weve known the partners at Broad Sky for several years, given their investment and operating roles during their time at Carlyle.

New York State Common Retirement Fund Joins Innovative Partnership, Capital Constellation

Retrieved on: 
Friday, December 17, 2021

Capital Constellation (Constellation), the joint venture among leading institutional asset owners in Europe, North America and the Gulf, today announced the addition of a new partner, the New York State Common Retirement Fund (NYSCRF), a public pension with an estimated value of $268.3 billion (as of June 30, 2021).

Key Points: 
  • Capital Constellation (Constellation), the joint venture among leading institutional asset owners in Europe, North America and the Gulf, today announced the addition of a new partner, the New York State Common Retirement Fund (NYSCRF), a public pension with an estimated value of $268.3 billion (as of June 30, 2021).
  • We have built a partnership that we believe is ground-breaking, scalable and forward-thinking, and are thrilled that a world-class institution such as New York State Common Retirement Fund sees value in what we have created and shares our ambitious vision, said Daniel Adamson, President of Constellation.
  • Constellation has had a very successful first few years and we are energized by the additional momentum that the New York State Common Retirement Fund brings, noted Steve Moseley, Deputy CIO of the Alaska Permanent Fund and founding member of Constellations Board.
  • Capital Constellation pursues a private equity strategy that provides growth capital to private alternative asset management firms.

BlackRock Nominates Bader M. Alsaad to Board of Directors

Retrieved on: 
Thursday, March 14, 2019

BlackRock, Inc. (NYSE: BLK) today announced that Bader M. Alsaad, former Managing Director of the Kuwait Investment Authority (KIA), has been nominated to join its Board of Directors.

Key Points: 
  • BlackRock, Inc. (NYSE: BLK) today announced that Bader M. Alsaad, former Managing Director of the Kuwait Investment Authority (KIA), has been nominated to join its Board of Directors.
  • As BlackRock seeks to grow our business in new international markets, Baders unique experience and perspective will bring valuable diversity of thought and expertise to the Board.
  • If Mr. Alsaad is elected in May, five new independent directors will have joined BlackRocks Board over the past two years.
  • Mr. Alsaad has served as a member of the Executive Committee of the Board of Directors of the Kuwait Investment Authority since 2003.