Igneo

Korea Zinc’s U.S. Subsidiary, Pedalpoint Holdings, Acquires Global Scrap Metal Trading Company Kataman Metals

Retrieved on: 
Thursday, April 4, 2024
Machine Tools, Metalworking & Metallurgy, Recycling, Environment, Technology, Sustainability, Manufacturing, Other Technology, Risk management, Growth, Copper, Metal, Acquisition, Igneo, Carbon, Electronic waste, Aluminium, USD, Iron

Pedalpoint Holdings, a U.S. subsidiary of nonferrous metal smelting company Korea Zinc (KRX:010130), announced its acquisition of Kataman Metals, a global scrap metal trading company based in St. Louis, USA.

Key Points: 
  • Pedalpoint Holdings, a U.S. subsidiary of nonferrous metal smelting company Korea Zinc (KRX:010130), announced its acquisition of Kataman Metals, a global scrap metal trading company based in St. Louis, USA.
  • These funds were utilized to acquire a 100% stake in the global scrap metal trading company Kataman Metals, for USD 55 million.
  • Established in 1993, Kataman Metals possesses over 30 years of experience in the recycling sector and trading expertise based on standout business strategies.
  • The acquisition of Kataman Metals, which possesses expertise in the recycling market, is highly expected to enable such procurement.

Igneo Infrastructure Partners to Acquire Majority Equity Interest in U.S. Renewable Power Producer Soltage

Retrieved on: 
Thursday, September 7, 2023
Partnership, Independent power producer, Carbon, Macquarie Group, Citigroup, Igneo, IPP, Growth, Renewable energy

NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Igneo Infrastructure Partners (Igneo), a global infrastructure investment manager with approximately US$18 billion in assets under management, has entered into an agreement to acquire a majority equity interest in Soltage, LLC (Soltage), a renewable power producer operating in 18 U.S. states.

Key Points: 
  • NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Igneo Infrastructure Partners (Igneo), a global infrastructure investment manager with approximately US$18 billion in assets under management, has entered into an agreement to acquire a majority equity interest in Soltage, LLC (Soltage), a renewable power producer operating in 18 U.S. states.
  • In partnership with Igneo, Soltage plans to transition to a full Independent Power Producer (IPP) business model and build out its 1.9GW identified pipeline of solar and storage projects.
  • Igneo is acquiring the equity interest in Soltage from investors, including Prudential Private Capital, alongside members of the company's management team.
  • Mayer Brown was legal counsel and Macquarie Capital was financial advisor for Igneo Infrastructure Partners.

enfinium appoints Jenny Harrison as Chief Financial Officer

Retrieved on: 
Wednesday, March 22, 2023
University of Oxford, Treasury, Classics, EY, University of Leeds, External, UK Power Networks, Electricity, Finance, Risk management, BT, Research, Biodiversity, BT Group, Executive Committee, Jenny, United Bank, Cryptocurrency, Management, Igneo

LONDON, March 22, 2023 /PRNewswire/ -- enfinium is pleased to announce the appointment of Jenny Harrison, former Finance Director at UK Power Networks, as its new Chief Financial Officer.

Key Points: 
  • LONDON, March 22, 2023 /PRNewswire/ -- enfinium is pleased to announce the appointment of Jenny Harrison, former Finance Director at UK Power Networks, as its new Chief Financial Officer.
  • Jenny will report to Mike Maudsley, Chief Executive Officer and will join the enfinium Group Board and Executive Committee.
  • As the new Chief Financial Officer at enfinium, Jenny will be responsible for group finance, treasury, and transaction services.
  • Jenny Harrison, Chief Financial Officer said, "I am delighted to join enfinium, a growing company with a progressive vision to help the UK realise its Net Zero ambitions.

US Signal Names Daniel Watts Chief Executive Officer

Retrieved on: 
Tuesday, March 21, 2023
United States Department of the Army, 362nd Signal Company, US signals intelligence in the Cold War, Selective glucocorticoid receptor modulator, Windstream Holdings, Acquisition, Investment, Growth, Rail transport, Igneo

GRAND RAPIDS, Mich., March 21, 2023 /PRNewswire/ -- US Signal Company, LLC (US Signal), a leading IT solutions provider and portfolio company of Igneo Infrastructure Partners (Igneo), has named Daniel Watts as chief executive officer, effective March 20.

Key Points: 
  • GRAND RAPIDS, Mich., March 21, 2023 /PRNewswire/ -- US Signal Company, LLC (US Signal), a leading IT solutions provider and portfolio company of Igneo Infrastructure Partners (Igneo), has named Daniel Watts as chief executive officer, effective March 20.
  • Based in Grand Rapids, Mich., US Signal provides network, data center, connectivity, and cloud services to enterprise customers and large national telecommunications carriers.
  • Before joining US Signal, Watts was chief operating officer for Segra, one of the nation's largest independent fiber companies, where he worked for almost seven years.
  • "We are excited to recruit Dan to lead the talented team at US Signal, one of Igneo's key platform investments."

IT AND ELECTRONICS INNOVATORS PROCURRI AND IGNEO ANNOUNCE PARTNERSHIP

Retrieved on: 
Thursday, February 23, 2023
ESG, Plastic, Environment, Steel, Electronics, Recycling, Igneo

Utilizing the combined geographic footprint of Procurri, Igneo & Korea Zinc, along with other strategic partners, the two companies are uniquely positioned to provide turnkey and vertically integrated global recycling solutions for their customers and partners.

Key Points: 
  • Utilizing the combined geographic footprint of Procurri, Igneo & Korea Zinc, along with other strategic partners, the two companies are uniquely positioned to provide turnkey and vertically integrated global recycling solutions for their customers and partners.
  • "Igneo, and their parent company Korea Zinc, share similar core values to Procurri; are driven by providing solutions that are built around environmental stewardship, sustainability, and supporting the circular economy."
  • IT equipment managed by Procurri is evaluated for refurbishment and reusability, prioritizing reuse over recycle.
  • Equipment deemed end-of-life will, where practical, now be processed by Igneo or Korea Zinc, leveraging their state-of-the-art facilities.

Igneo Infrastructure Partners Completes Acquisition of US Signal

Retrieved on: 
Wednesday, February 15, 2023
KeyBank, Acquisition, Bank Street, Patriot Rail Company, Telecommunications, Rail transport, Igneo, US signals intelligence in the Cold War

NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Igneo Infrastructure Partners, a global infrastructure investment manager with US$16.5 billion in assets, has completed its acquisition of US Signal Company, LLC (US Signal), a leading data center and network solutions provider.

Key Points: 
  • NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Igneo Infrastructure Partners, a global infrastructure investment manager with US$16.5 billion in assets, has completed its acquisition of US Signal Company, LLC (US Signal), a leading data center and network solutions provider.
  • We are excited to add US Signal to our growing portfolio in North America, where we continue to see strong tailwinds in the digital infrastructure sector," said Michael Ryder, partner and co-head of Igneo in North America.
  • Our focus remains on high-quality, mid-market, critical infrastructure businesses like US Signal."
  • US Signal represents Igneo's first investment in the U.S. telecommunications sector and the fourth platform asset in North America.

enfinium joins the Bacton Thames Net Zero Cooperation Agreement

Retrieved on: 
Wednesday, November 23, 2022
Igneo, US, Progress Energy Inc, First Sentier Investors, Sumitomo Corporation, ESG, SSE Thermal, River Thames, Carbon, Transport, North London Waste Authority, Interconnector, Renewable energy, Natural gas, Fluxys

LONDON, Nov. 23, 2022 /PRNewswire/ -- enfinium is pleased to join the Bacton Thames Net Zero Cooperation Agreement (BTNZ) , an initiative convened by Eni UK, which aims to decarbonise industrial processes in the South-East of England and the Thames Estuary area, by capturing and storing carbon dioxide.

Key Points: 
  • LONDON, Nov. 23, 2022 /PRNewswire/ -- enfinium is pleased to join the Bacton Thames Net Zero Cooperation Agreement (BTNZ) , an initiative convened by Eni UK, which aims to decarbonise industrial processes in the South-East of England and the Thames Estuary area, by capturing and storing carbon dioxide.
  • enfinium is developing a wider decarbonisation plan, which includes carbon capture, utilisation and storage (CCUS), electrolytic hydrogen production and heat networks within the UK.
  • enfinium Kemsley on the Thames Estuary is well-located to access the North Sea for carbon dioxide transportation and storage.
  • enfinium currently has a platform of six (two in construction) strategically located facilities across the UK.

enfinium appoints Dr Jane Atkinson CBE as Chief Operating Officer

Retrieved on: 
Wednesday, November 16, 2022
Chemical engineering, Automation, Ferrybridge, First Sentier Investors, Igneo, Bilfinger, Royal Academy of Arts, ESG, Institution of Chemical Engineers, Leadership, Workforce, Industry, Institute, Waste management, Trustee, Royal Academy of Engineering, CBE, Birthday, Management, Renewable energy, Engineering, British Steel

LONDON, Nov. 16, 2022 /PRNewswire/ -- enfinium is pleased to announce the appointment of Dr Jane Atkinson CBE, former Engineering and Automation Executive Director at Bilfinger, as the new Chief Operating Officer.

Key Points: 
  • LONDON, Nov. 16, 2022 /PRNewswire/ -- enfinium is pleased to announce the appointment of Dr Jane Atkinson CBE, former Engineering and Automation Executive Director at Bilfinger, as the new Chief Operating Officer.
  • Dr Atkinson brings over 30 years of senior leadership experience with a diverse background in engineering, plant management and operations.
  • Dr Atkinson will begin working through a planned succession and detailed handover process with William (Bill) Roberts, the current Chief Operating Officer, who will be retiring in 2023, ensuring a smooth transition.
  • Dr Jane Atkinson CBE said, "I am thrilled to be joining enfinium at an important time in its growth strategy.

enfinium announces the appointment of Karl Smyth as Director, External Affairs and Strategic Policy

Retrieved on: 
Monday, October 10, 2022
Carbon, Zero, First Sentier Investors, Communication, Growth, ESG, Foreign policy, Engagement, Decarbonisation measures in proposed UK electricity market reform, Bioenergy, Industry, US, Association, Board, Igneo, Drax Group, Hydrogen, Coalition, Government, Heat, Defence Strategic Policy and Intelligence Group, Renewable energy, Policy

LONDON, Oct. 10, 2022 /PRNewswire/ -- enfinium today announced the appointment of Karl Smyth as Director, External Affairs and Strategic Policy.

Key Points: 
  • LONDON, Oct. 10, 2022 /PRNewswire/ -- enfinium today announced the appointment of Karl Smyth as Director, External Affairs and Strategic Policy.
  • Mr Smyth joins the enfinium team from Drax Group plc, where he was previously Group Head of Bioenergy CCS Strategy & Engagement and Group Head of Policy & Government Relations.
  • Mike Maudsley, Chief Executive Officer at enfinium, said "I am delighted to welcome Karl to the enfinium team and look forward to working with him to engage with all of our stakeholders.
  • Karl Smyth said, "I am excited to be joining enfinium at this important time for the business.

Igneo Infrastructure Partners to Acquire US Signal

Retrieved on: 
Monday, September 12, 2022
LLC, Acquisition, Partnership, Telecommunication, First Sentier Investors, CEO, Pioneer Lines, Patriot Rail Company, Bank Street, Internet service provider, Bank, US signals intelligence in the Cold War, Igneo

NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Igneo Infrastructure Partners, a global infrastructure investment manager with more than US$15 billion in assets, has entered into an agreement to acquire a 100 percent equity share of US Signal Company, LLC (US Signal), a leading data center and network solutions provider.

Key Points: 
  • NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Igneo Infrastructure Partners, a global infrastructure investment manager with more than US$15 billion in assets, has entered into an agreement to acquire a 100 percent equity share of US Signal Company, LLC (US Signal), a leading data center and network solutions provider.
  • "We believe US Signal has substantial growth opportunities and is a great fit for our investment portfolio, which focuses on high-quality, mid-market, core infrastructure businesses and geographic and sector diversification."
  • Richard Postma, chairman and CEO of US Signal, said, "Igneo is an experienced investor that is positioned to support and expand US Signal's data center presence and fiber network infrastructure to serve our regional enterprise customers.
  • Igneo Infrastructure Partners is an autonomous investment team in the First Sentier Investors Group.