Daily Digest for

Daikin Industries, Ltd. announced it will acquire Dynamic Data Centers Solutions, Inc. through its wholly-owned subsidiary Daikin Applied Americas, with the acquisition scheduled to be finalized by late August 2025.

• Main action: Daikin will acquire DDC Solutions (headquartered in San Diego, established 2019, CEO Keith Markley) via Daikin Applied Americas (DAA) to integrate server rack-level individual air conditioning and a proprietary equipment management system into DAA’s portfolio; Daikin plans to accelerate global expansion starting in North America and will announce further details after closing (planned by late August 2025).
• Background/details: DDC Solutions provides AI-compatible rack cooling equipment, instrumentation, and maintenance services and offers real-time analysis and automatic control to manage fluctuating power consumption and heat generation at the rack level, addressing energy-efficiency and confined-space cooling needs for AI learning and inference data centers.

Apollo has announced that Apollo-managed funds will acquire a majority interest in Stream Data Centers (SDC) from Stream Realty Partners (SRP).

• Transaction and immediate actions: Apollo-managed funds will acquire a majority interest in Stream Data Centers, with SDC management retaining a minority stake; the transaction is subject to customary closing conditions and is expected to be completed in 2025. Apollo Funds and SRP will commit new capital to Stream’s existing data center land fund to accelerate development for 650 MW of near-term power capacity across campuses in metro Chicago, Atlanta and Dallas, and a newly formed Apollo Funds subsidiary will become investment manager of the land fund.
• Background and financial context: Since 2022, Apollo-managed funds have deployed approximately $38 billion into next-generation infrastructure (including renewable energy and digital platforms); Apollo reports approximately $840 billion of assets under management as of June 30, 2025. Apollo estimates data centers will require several trillion dollars of global investment over the next decade and will pursue scaled capital deployment via Stream and other partners.

The European Central Bank working paper by Andreas Beyer and Lorenzo Nobile finds that climate-related litigation is priced into bank lending decisions.

• Main finding: Using a global sample of 5,264 syndicated loans to 329 firms (2006–2021) constructed from Dealogic, matched with climate cases from the Sabin Center, the authors find firms exposed to climate lawsuits pay about 3.89% higher loan spreads (Log(Spread) coefficient = 0.0382). Average observed spread ≈ 185 basis points, average deal size ≈ $1,836.35 million, and average maturity ≈ 4.676 years; exposed firms also receive smaller loan amounts and shorter maturities.

• Data & methods / other details: The study hand-matches lawsuit events (279 filings, 78 decisions; 120 novel filings) with Refinitiv/Datastream firm data, runs firm-, year-, bank-, country-, and deal-fixed-effects regressions, reports robustness including a continuous ClimateLitExposure (log) and a 2SLS IV using the industry-year average of climate lawsuits, and finds novel lawsuits (but not European-origin or government-plaintiff cases) are associated with larger borrowing cost increases.

The Deputy Governor of the Reserve Bank of India, Rajeshwar Rao, delivered an inaugural address focusing on catalysing sustainable and green infrastructure financing to achieve net-zero emissions.

• Key announcements: Emphasized the urgent need for a holistic financial ecosystem reconfiguration to support green infrastructure, including endogenous enablers (data flow, MRV, technical expertise) and exogenous enablers (risk capital, blended finance, global funding). Highlighted RBI’s regulatory sandbox supporting sustainable finance innovations and called for enhanced global cooperation and reform of international financial architecture.
• Details: Cited economic costs of climate events ($2 trillion over 2014-2023, $451 billion in 2022-23), investment needs of $3-5 trillion annually until 2050, and a $2.5 trillion annual climate finance gap. Discussed challenges like technology risk, greenwashing, fragmented climate finance, and currency risks. Advocated for innovative financial instruments, digital solutions, and multilateral collaboration to scale finance for green infrastructure.