Deals Counterparts

Pelican Energy TCI Sells Transmission Line Project to InfraCorp

Project Sale Transmission announced PROVIDENCIALES, United States Mar 15, 2025
USD75M
Deal Value

Pelican Energy TCI has sold a transmission line project to InfraCorp for $75 million. The sale allows Pelican Energy TCI to focus on its core renewable energy development activities, while InfraCorp expands its transmission infrastructure portfolio.

Source Intelligence

KEY DETAILS

Vision Ridge Partners acquired FortisTCI Ltd., which was rebranded as Pelican Energy TCI. Quote: "Vision Ridge Partners, a global investor in sustainable real assets, has acquired FortisTCI Ltd., the electricity utility serving the Turks and Caicos Islands. The company has been rebranded as Pelican Energy TCI, signaling a renewed commitment to sustainable and resilient energy infrastructure across the territory."

Deal Size
Terms of the transaction were not disclosed.
Location
PROVIDENCIALES: Vision Ridge Partners, a global investor in sustainable real assets, has acquired FortisTCI Ltd., the electricity utility serving the Turks and Caicos Islands.
PARTIES MENTIONED IN SOURCE
V
Vision Ridge Partners investor

"Vision Ridge Partners, a global investor in sustainable real assets, has acquired FortisTCI Ltd., the electricity utility serving the Turks and Caicos Islands."

P
Pelican Energy TCI seller

"The company has been rebranded as Pelican Energy TCI, signaling a renewed commitment to sustainable and resilient energy infrastructure across the territory."

F
FortisTCI Ltd. seller

"Vision Ridge Partners, a global investor in sustainable real assets, has acquired FortisTCI Ltd., the electricity utility serving the Turks and Caicos Islands."

medium quality Enriched Feb 19, 2026

Timeline

Announced
Mar 15, 2025
Signed
Closed

Market Context

This deal is part of the Transmission sector in United States.
140
Transmission deals
565
deals in United States
1 of 139 Transmission deals tracked this month · Updated daily

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