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Transactions - OCTOBER 4, 2021

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DIF Capital Partners to acquire major EaaS solutions company, Bernhard

by Kali Persall

DIF Capital Partners is planning to acquire Bernhard, the largest privately owned energy-as-a-service (EaaS) solutions company in the United States, on behalf of its DIF Infrastructure VI.

Bernhard enters into long-term turnkey EaaS concession contracts to upgrade, retrofit and service large existing building energy facilities in order to achieve substantial energy savings. Its clients are currently predominantly higher education and healthcare institutions.

To date, Bernhard has closed 15 EaaS transactions, including the largest EaaS concession in U.S. history.

“As Bernhard continues pushing to new heights in the EaaS market, we are excited to join forces with DIF Capital Partners given its extensive experience with public-private partnerships; district energy; energy-as-a-service projects; and a shared commitment to efficiency, ESG and sustainability,” said Ed Tinsley, CEO at Bernhard. “The support and strategic counsel from DIF will help to guide Bernha

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