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.
Rio Tinto’s chief executive touted the miner’s plans for growth, particularly in prized industrial metal copper, two weeks after talks with Glencore to create a global mining giant fell apart.
The surge in demand for data centers and nuclear power to keep them running is stressing the global uranium supply, raising concerns about a potential shortage of fuel for reactors.
The Singapore dollar consolidated against its U.S. counterpart in the Asian session amid trading subdued by the Lunar New Year holiday in parts of the region.