Bridgepoint Group, with more than $40 billion of assets under management, has plans to acquire Energy Capital Partners (ECP), a North American infrastructure investor, for $1.05 billion.
“Joining forces with ECP is an important powerful next step in Bridgepoint’s strategic objective of building a globally scaled, diversified platform in middle-market private assets investing,” said William Jackson, chairman, Bridgepoint.
ECP, which has raised more than $30 billion of capital since inception in 2005, including more recently, operates across North America in an expanding subsegment of infrastructure investing. The firm hopes to be a key contributor to and beneficiary of the global decarbonization effort with forecasted investment in the space expected to reach $1.9 trillion per annum through 2050, creating significant investment tailwinds and multiple potential growth avenues.
The distinct ECP infrastructure business will continue to operate under its existi