EQT closed its largest infrastructure fund to date, raising €21.5bn for EQT Infrastructure VI and surpassing its predecessor by 35%.

The fund includes €21.3bn in fee-generating assets under management and ranks among the largest private infrastructure vehicles globally.
The fund attracted strong support from institutional investors across the Americas, Asia Pacific, Europe, the Middle East, and the Nordics. Longstanding clients contributed around 70% of total commitments, with a notable uptick in interest from private wealth investors.

EQT Infrastructure VI will focus on investments that deliver essential services with stable or growing demand and predictable cash flows. Core themes include digital infrastructure, energy transition, industrial decarbonisation, circularity, and social infrastructure.

The fund is already 45–50% committed across 12 deals. These include investments in Constellation Cold Logistics, OX2, and Universidad Europea in Europe; partnerships with EdgeConnex, Lazer Logistics, and Madison Energy in the US; and Rena and SK Shieldus in Asia Pacific. EQT has also entered exclusive negotiations to acquire a majority stake in Eutelsat’s ground station business and a JV with T-Mobile to acquire Lumos.

Masoud Homayoun, Head of Infrastructure at EQT, said: “EQT Infrastructure VI has had a great start with 12 highly thematic investments closed or signed. Our sector teams are delivering on a healthy pipeline, and we’re excited by long-term global trends like decarbonisation and digitalisation.”

Lennart Blecher, Head of Real Assets, added: “We’re thrilled to announce the final close of EQT Infrastructure VI, our latest flagship fund within EQT’s €75bn global infrastructure platform. This marks another milestone as we continue to scale our value-add, active core, and transition strategies.”

Suzanne Donohoe, EQT’s Chief Commercial Officer, highlighted the strong loyalty from returning LPs and the confidence placed by new investors. “We aim to continue to deliver attractive returns through economic cycles,” she said.

EQT’s value-add infrastructure strategy applies a hands-on, industrial approach. The firm partners with management teams to build resilient companies and leverages deep operational expertise in areas such as AI, digitalisation, and sustainability. The strategy is further supported by a global network of more than 600 Industrial Advisors who provide board-level guidance throughout the investment lifecycle.