🏗️ Infra Futures #1

HolonIQ's infrastructure futures coverage for the week ahead.

Our Climate Tech coverage has grown significantly, and due to popular demand, we're splitting it into weekly Energy Futures, Enviro Futures, Infra Futures, and Mobility Futures newsletters over the coming weeks.

This newsletter is 'Infra Futures,' you can update your subscriptions to any of the other weekly newsletters here.

Happy Monday 👋

The U.S. Environmental Protection Agency announced this week that local, state, and tribal governments will receive $4.3 billion in grants to fund projects to reduce greenhouse gas emissions. This funding is part of the Climate Pollution Reduction Grants program, established by the Inflation Reduction Act. The rapid expansion of data centers, fueled by the AI boom, has intensified concerns about their high energy consumption and heat generation. To address these challenges, Munters, a leader in energy-efficient cooling solutions, has acquired Geoclima, enhancing its portfolio of data center cooling products and services. After raising $4.45B in its IPO, Lineage, the largest operator of cold storage warehouses worldwide, became the biggest IPO in the world for 2024.

🏗️ Built Environment Developments

🌎 EPA Unveils $4.3B in Climate Grants for Cities' Green Projects. The Environmental Protection Agency (EPA) announced $4.3B in climate grants for cities undertaking renewable energy and electrification projects.

💰 CyrusOne Secures Massive Financing for Data Center and AI Expansion. CyrusOne, a data center company, lined up nearly $12B in debt financing to fund its growth plans, with $7.9 billion specifically earmarked for new data center and AI digital infrastructure projects.

🤝 Munters Acquires Geoclima to Bolster Data Center Cooling Solutions. Munters, a provider of energy-efficient cooling solutions, acquired Geoclima to expand its portfolio of data center cooling products and services.

💰 Infra Deals

📈 Logistics Giant Lineage Raises $4.45 Billion in Biggest 2024 IPO. Lineage, the world's largest cold-storage warehouse operator, raised $4.45B in its U.S. initial public offering, making it the biggest IPO globally in 2024.

💼 Atlas Copco Acquires Kingsdown Compressed Air Systems. Atlas Copco, a Swedish industrial company, acquired Kingsdown Compressed Air Systems, a UK-based company.

📈 Primega Group Holdings Completes $7 Million IPO. Primega Group Holdings Limited, a company, completed an IPO and raised $7M by offering 1,750,000 ordinary shares at $4 per share.

🏗️ CRH Expands in Colorado with Ary Acquisition. CRH, a leading building materials company, acquired Ary Corporation, a Colorado-based company with sand, gravel, asphalt, and concrete operations. This acquisition strengthens CRH's position as the leading integrated building materials supplier in North America.

Thank you for reading. Have a great week ahead!
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