A major oilfield services company is supplying power to hyperscale data centers, signaling a fundamental shift in how tech infrastructure meets energy demands. This hybrid approach bridges traditional energy expertise with digital infrastructure needs.
Makarora Management LP and Ares Management Corp. have struck a deal to acquire Plymouth Industrial REIT Inc. for approximately $2.1 billion, according to industry reports. The all-cash transaction values Plymouth at $22 per share and includes assumption of debt. The acquisition is expected to close in early 2026, positioning the buyers to control over 200 industrial properties across key U.S. markets.
In a significant consolidation move within the industrial real estate sector, investment firms Makarora Management LP and funds managed by Ares Management Corp. have reportedly agreed to acquire Plymouth Industrial REIT Inc. in a transaction valued at approximately $2.1 billion. The deal, announced Friday according to sources familiar with the matter, represents one of the larger industrial property acquisitions this year.
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Jeep manufacturer Stellantis has unveiled plans for its largest-ever U.S. investment of $13 billion over four years. The initiative will create more than 5,000 jobs and includes reopening a key Illinois plant that had been a source of labor tension.
Stellantis, the global automaker behind the Jeep brand, has announced what sources indicate is the single largest investment in the company’s history – a $13 billion commitment to its U.S. manufacturing operations over the next four years. According to reports, this massive investment will create more than 5,000 new jobs across multiple states while significantly expanding the company’s American production capacity.
Stellantis $13 Billion US Investment: New Models, 5,000 Jobs & Tariff Strategy Stellantis announces historic $13 billion US investment creating…
