ESR, a Singapore-headquartered real asset owner and manager focused on logistics real estate and data centres, has signed an agreement to acquire 100% of Aquila Clean Energy APAC.
The US Department of Energy’s (DOE) Office of Electricity (OE) will funnel US$5.25 billion into 31 “grid-improvement” projects across the US, which it claims will allow for 23GW of additional electricity capacity.