- The Strait of Hormuz is shut to most ship traffic six months into the US-Iran war, one of several oil conflicts constraining crude availability; the piece argues electric cars are unrelated to these supply disruptions.
- Brookfield's Catalytic Transition Fund is on track to reach its $5B final close at end-2026, with 40-45% allocated to South and Southeast Asia; it writes $200-300M equity checks versus its typical $500M-plus tickets because $1B-plus emerging-market deals are scarce.
- CTF deploys capital only after land, grid connections, a long-term offtake contract and bankable financing are secured, and it avoids merchant power exposure; anchor LP Altérra committed $1B under a capped-return structure alongside GIC, Temasek, La Caisse, Prudential and the IFC.
- Rising AI power demand is drawing hardware and hyperscaler capital into renewable co-development with infrastructure investors, including a Brookfield-Foxconn partnership for 1GW of capacity in Vietnam and 1.8GW of acquired solar, wind and storage in the Philippines and Thailand.
- Senators from both parties voiced criticism of the Pentagon briefing on US defense strategy.
Quotes
“If you look at emerging Asia today, the fundamentals of renewable power are extremely strong.”
“Renewable power is also among the cheapest sources of energy in Southeast Asia, and one of the quickest to bring online today.”
“the Strait of Hormuz, currently closed to most ship traffic as a result of a now six month long war of choice that seems to have no real strategy attached”