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.
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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
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