Tuesday, February 17, 2026 at 11:25 AM
Portland General Electric has finalized a $1.9 billion deal to acquire the wind and natural-gas generation and distribution assets of PacifiCorp in Washington state, which includes significant infrastructure and customer base.
Peru has become a battleground for foreign investments, with the U.S. and China jostling for influence in the Latin American country.
The private-equity firm is set to reap a more than twofold gross return from the $4.7 billion sale of natural-gas fired power plants backed by the new fund.
QXO agreed to buy closely held building materials distributor Kodiak Building Partners for about $2.25 billion in cash and stock.
The deal marks the latest tie-up in the asset-management industry as firms are racing to build the scale needed to weather relentless fee pressure.
