Infrastructure - JANUARY 14, 2022

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Carlyle commits $100m in battery storage, EV infrastructure technologies

by Released

Carlyle has invested more than $100 million to community-scale clean-energy developer NineDot Energy and electric-vehicle (EV) charging and services company Fermata Energy.

“There is a large and growing investment opportunity in building the renewable energy capacity required to power a lower-carbon grid,” said Pooja Goyal, CIO of Carlyle’s Infrastructure Group. “Batteries and the greater penetration of electric vehicles within our transportation mix both play a vital role in transitioning to a cleaner, more reliable grid. We are proud of our new partnerships with NineDot and Fermata Energy, and look forward to leveraging Carlyle’s deep industry expertise, broad network, and late-stage development capabilities to support our partners in expanding into broader energy transition growth channels.”

The investments in NineDot and Fermata Energy bring total capital committed by funds managed by Carlyle’s infrastructure platform in the last 24 months to renewabl

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