Multistrategy investor EQT recently made three infrastructure deals in the U.S. totaling about $12bn as the Swedish firm bets that rising demand for clean energy will boost returns even as its rivals pour capital into the sector.
Stockholm-based EQT earlier this month agreed to acquire solar-project developer Cypress Creek Renewables – the firm’s first investment in the U.S. renewable sector in a deal worth more than $2bn, according to a person familiar with the matter.
Subscribe to our Newsletter to increase your edge. Don’t worry about the news anymore, through our newsletter you’ll receive weekly access to what is happening. Join 120,000 other PE professionals today.
EQT is a purpose-driven global investment organization with more than €67bn in assets under management across 26 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and the Americas with total sales of approximately €29bn and more than 175,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.
Source: Wall Street Journal
Can’t stop reading? Read more
Blackstone boosts hospitality portfolio with $200m Sunseeker Resort deal
Blackstone boosts hospitality portfolio with $200m Sunseeker Resort deal Blackstone Real Estate...
Apollo appoints Brian Chu to lead operational value creation platform APPS
Apollo appoints Brian Chu to lead operational value creation platform APPS Apollo Global...
TDR Capital eyes £2bn continuation deal for David Lloyd Leisure
TDR Capital eyes £2bn continuation deal for David Lloyd Leisure TDR Capital is nearing a £2bn...