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Stock Market & Financial Investment News

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February 20, 2014
06:26 EDTBLKBlackRock reduced U.A.E. holdings on speculation concerns, Bloomberg reports
BlackRock Frontiers Investment Trust, a $297M fund focused on least developed markets globally, “substantially” cut United Arab Emirates holdings in January on concern stocks rallied too much, reports Bloomberg. Reference Link
News For BLK From The Last 14 Days
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May 1, 2015
06:13 EDTBLKJawbone raises $300M in funding from BlackRock, Re/code reports
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April 29, 2015
05:56 EDTBLKBlackRock presses shareholders right to nominate directors, Financial Times says
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April 22, 2015
14:02 EDTBLKBlackRock Infrastructure acquires 90% interest in 80MW wind portfolio in Iowa
A fund managed by BlackRock Infrastructure Investment Group has purchased a 90% interest in an 80MW Wind Portfolio consisting of the 42.5MW Elk and 37.5MW Hawkeye Wind Projects, located in Iowa from RPM Access. The projects began commercial operations in December 2011, and October 2012, respectively and comprise a total of thirty-two 2.5MW Nordex turbines. The Portfolio interconnects with the ITC Midwest transmission system within the Mid-continent Independent System Operator market. All of the output of the Portfolio is sold to Central Iowa Power Cooperative pursuant to long-term power purchase agreements.

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