I Squared Capital acquires Priority Power Management from Ara Partners and Oaktree Capital Management

I Squared Capital, a global infrastructure investor with a broad mandate, is deepening its commitment to energy management by acquiring Priority Power Management. This move sees the independent provider, which manages energy for over 8,500 U.S. clients, transition from Ara Partners, a firm specifically targeting industrial decarbonization. For I Squared, the acquisition of Priority Power's turnkey services, including renewable development and energy curtailment, directly aligns with its stated goal of investing in industrial economy decarbonization. It highlights how established infrastructure funds are increasingly targeting operational energy efficiency plays.