Global Infrastructure SherpaIntersect Power Secures $750 Million Growth Equity Investment
Intersect Power secured a $750 million growth equity investment led by TPG Rise Climate, Climate Adaptive Infrastructure, and Gresham House to support its renewable energy and decarbonization infrastructure projects.
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The investment will support Intersect Power's accelerated entry into new markets and technologies, including nearly 1 GW of green hydrogen production, and the continued development of its mid to late stage portfolio totaling 8.5+ GWp and 8+ GWh throughout the United States. Quote: This investment will support Intersect Power's accelerated entry into new markets and technologies, including nearly 1 GW of green hydrogen production, and the continued development of its mid to late stage portfolio totaling 8.5+ GWp and 8+ GWh throughout the United States .
"Intersect Power Announces $750M Growth Equity Investment from TPG Rise Climate, CAI Investments & Trilantic Energy Partners North America"
"Intersect Power Announces $750M Growth Equity Investment from TPG Rise Climate, CAI Investments & Trilantic Energy Partners North America"
"Intersect Power Announces $750M Growth Equity Investment from TPG Rise Climate, CAI Investments & Trilantic Energy Partners North America"
"Intersect Power Announces $750M Growth Equity Investment from TPG Rise Climate, CAI Investments & Trilantic Energy Partners North America"
"BofA Securities served as financial advisor to Intersect Power in relation to the transaction"
"Orrick, Herrington & Sutcliffe LLP acted as legal counsel."
"PJT Partners served as financial advisor to TPG in relation to the transaction"
"Kirkland & Ellis acted as legal counsel."
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