Blackstone to buy home automation player Vivint for $2B

Home automation company Vivint has agreed to be acquired by private equity firm Blackstone Group for over $2 billion. The company sells connected home technology like thermostats and security systems and also has a solar installation and financing arm.

The Weeding Out of Green Finance: Blackstone Calls Off Fund

Big investment firm Blackstone Group has reportedly shuttered its planned $500 million green fund after raising only $90 million – a sign that, amidst new green funds being raised, the sector’s weaknesses are also scaring some investors away.