GIP and Ontario Teachers' Acquire Vena Energy for $3.5 Billion
USD3500M
Deal Value
Global Infrastructure Partners and Ontario Teachers' Pension Plan Board agreed to acquire Vena Energy, a renewable energy company in the Asia-Pacific region, from EQT for $3.5 billion.
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Counterparts (4)
Seller
Vena Energy
Vena Energy is a renewable energy company that develops, owns, and operates solar, wind, and energy storage projects across the Asia-Pacific region. They focus on delivering sustainable energy solutions to meet the growing demand for electricity while reducing carbon emissions.
EQT
EQT is an investment organization committed to creating value by finding good companies and helping them become the most promising builders of tomorrow. With a global presence, they take responsibility for shaping a brighter future, believing that doing good is good business.
Buyer
Global Infrastructure Partners
Global Infrastructure Partners (GIP) is a leading infrastructure investor specializing in investing in, owning, and operating large and complex assets in the energy, transport, digital infrastructure, and water and waste management sectors. With a focus on decarbonization, GIP aims to support the global energy transition through its investment strategies.
Ontario Teachers' Pension Plan Board
Ontario Teachers' Pension Plan Board is a major global investor with a significant focus on infrastructure assets. They invest directly and through partnerships in a wide range of infrastructure sectors, seeking long-term, stable returns to support pension obligations.
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Sign up free →Timeline
Announced
Dec 19, 2024
Signed
Closed
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