GLOBAL: Bahrain’s GFH Financial Group announced that it has made an investment in Invenergy, a privately held developer, owner and operator of clean energy solutions and projects headquartered in the US. The investment was made through vehicles managed by Blackstone’s infrastructure group.
“The current macro environment in the US creates a favorable backdrop for renewable energy investments, while generating stable and recurring cash flows stemming from strong growth in development pace and renewables demand,” Hammad Younas, the group chief investment officer of GFH, said.