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partners group acquires california energy assets for 2.2 billion dollars

Partners Group is set to acquire an energy asset management platform and a portfolio of 11 gas-fired power plants in California from Avenue Capital Group for $2.2 billion. This deal includes Middle River Power, which focuses on on-site battery energy storage systems, crucial for grid reliability amid rising power demand driven by data centers and increased electricity use in homes and businesses. The transaction highlights the growing importance of natural gas and battery storage in supporting the U.S. energy infrastructure.
MarketScreener
United States Dollar Guggenheim Securities LLC Davis Polk & Wardwell LLP Morgan Stanley Commodity RADAR Fund J Axon Partners Group, S.A. USA CAN Tanay Dhumal Devika Syamnath Show more
Business & Industry, Market Report
12:44 18.03.2025

cvs health ceo karen lynch steps down amid shareholder pressure

CVS Health CEO Karen Lynch is stepping down after nearly four years amid shareholder pressure and a significant drop in stock value, which has fallen nearly 26% this year. David Joyner, a company veteran, will succeed her as the company navigates challenges including multiple profit forecast cuts and rising medical costs.
@YahooFinance
United States Dollar CVS Health Corporation Signify Health Inc. Oak Street Health Inc. Aetna Better Health Inc. USA Devika Syamnath David Joyner Christy Santhosh Karen Lynch Show more
Finance & Economy, Market Report
17:28 18.10.2024
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