Powin, an energy storage technology developer, said today it has raised $135m in funding led by Singapore’s sovereign wealth fund GIC, with participation from existing investors Trilantic Energy Partners North America and Energy Impact Partners (EIP). The investment...
Private equity firms are on the hunt for funding, turning up the competition during market and economic uncertainty and an overall lean time for new deals. “Right now, it’s just taking longer to raise funds,” Josh Zweig, co-head of U.S. private-equity research at...
Starbucks is reportedly exploring a potential sale of its UK business as it faces increasingly tough competition and changing customer habits. The world’s biggest coffee chain has been hit hard by lockdown measures around the world. Starbucks said it was...
Spectrum Medical Group and CVC Capital Partners VIII have signed a definitive partnership agreement to support the continued growth of the Company, valuing Spectrum up to £1bn. Spectrum Medical has grown rapidly over the past few years by bringing new and pioneering...
Global sustainable infrastructure investment major Actis has agreed to sell Africa’s largest pure play renewable energy independent power producer Lekela. The private equity firm created Lekela in 2015 alongside a consortium led by Mainstream Renewable Power Africa... 