EQT Launches Energy Transition Infrastructure Strategy

Stockholm-based global manager EQT announced the launch of EQT Transition Infrastructure, which aims to fund initiatives supporting the transition to clean energy.

The strategy will invest in portfolio companies in North America, Europe, and the Asia Pacific and will leverage the firm’s sector expertise across energy, environmental, transport, and logistics investments. EQT said the strategy is intended to complement its existing €72B global infrastructure business, which encompasses both value-add and active core strategies.

EQT’s infrastructure business has invested over €17B, including co-investments, in energy transition-related opportunities across 25 platform deals, and the newest strategy’s first investment is the acquisition of German battery energy storage system developer ju:niz.

Backed by a 130-person infrastructure investment team, Jan Vesely and Asis Echaniz, based in New York and Madrid respectively, will lead EQT's global Transition Infrastructure strategy. EQT was advised by UBS, Gibson Dunn & Crutcher and Norton Rose Fulbright, and McKinsey on the strategy.

Source:

https://eqtgroup.com/news/2024/eqt-introduces-the-eqt-transition-infrastructure-strategy-with-the-acquisition-of-energy-storage-system-developer-and-operator-ju-niz-energy/