The EQT Active Core Infrastructure fund and global investor GIC have agreed to jointly acquire a majority stake in Calisen Group from funds managed by Global Infrastructure Partners (GIP), a part of BlackRock, the infrastructure business of Goldman Sachs Alternatives and Mubadala Investment Co. Financial terms were not disclosed.
Following the transaction, Equitix will remain a minority investor.
Calisen is an independent owner and manager of essential energy infrastructure assets headquartered in Manchester, England. The company provides smart meters, electric vehicle charging, solar and battery, heat pump installation, meter reading, maintenance and ancillary services to accelerate the development of a cleaner, more efficient and sustainable energy sector.
Operating under long-term contracts, Calisen has an installed base of approximately 16 million meters, and it is well positioned to capitalize on market trends underpinned by the continued energy transition.
