InfraVia enters into a purchase agreement for the acquisition of a majority stake in Green Utility and partners with its founder-led management team
Type: Acquisition · Technology: Other · Announced: 2024-10-25
InfraVia Capital Partners acquired a majority stake in Green Utility, valuing the renewable energy developer at approximately €350 million. Green Utility operates a 500 MW portfolio of operational solar and wind.
Analysis
InfraVia Capital Partners' acquisition of a majority stake in Green Utility directly aligns with its stated focus on resilient utility-related infrastructure assets and partnering with management teams. This transaction sees the leading European private equity firm acquire a controlling interest while retaining Green Utility's founder-led management, indicating a strategic growth partnership. The deal expands InfraVia's real assets portfolio by integrating an existing utility operator. This approach leverages existing operational expertise for future development within the sector.
Key points
- InfraVia Capital Partners, a leading independent European private equity firm, is the buyer.
- The deal involves InfraVia acquiring a majority stake in Green Utility.
- InfraVia is partnering with Green Utility's founder-led management team.
- The acquisition aligns with InfraVia's stated focus on utility-related infrastructure assets.
Counterparties
- Infravia Capital Partners (Buyer)
- Green Utility (Seller)