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At a dam 2,500 metres (8,200 ft) high in the Alps, construction has begun on Switzerland's largest alpine solar plant aimed at helping the small country secure renewable energy throughout the year. The 2.2 megawatt solar plant project, which developers Swiss energy group Axpo and partner IWB have said makes more environmental than financial sense, is part of Swiss plans to plug the gap left by the phase-out of nuclear energy while also aiming to reach net zero in greenhouse gas emissions by 2050. "We have a boom mainly in solar (panel installations) for small houses but not much else here in Switzerland," Christian Heierli, project leader at Axpo, told Reuters in an interview.
Partners Group, a Swiss private equity firm will acquire CapeOmega for nearly $1.34bn. CapeOmega is a Norwegian midstream infrastructure company which was incorporated in 2014. MD of Partners Group Private Infrastructure Europe said, "Partners Group welcomes the opportunity to partner with a well-respected and experienced management team to realise the associated infrastructure expansion potential for CapeOmega in one of Europe’s key natural gas supply hubs”.