Igneo Infrastructure Partners, a global infrastructure investment manager with $24.5 billion of assets under management, has completed its preferred equity investment in Pathway Power, a U.S. utility-scale renewable and storage development platform.
The transaction supports Igneo’s North American strategy, representing entry into a renewable generation development platform with a differentiated hybrid solar and storage pipeline across the Southwest Power Pool (SPP) and Midcontinent Independent System Operator (MISO) markets.
Founded in 2022, Pathway Power has assembled a portfolio of more than 1 gigawatts of projects expected to begin construction in 2026-2027, supported by a broader pipeline of approximately 1,000 megawatts of early-stage hybrid interconnection positions in SPP and MISO power markets. Key seed assets expected to begin operations over the next two years include Greenridge, a 150-megawatt solar plus 150-megawatt, 4-hour battery storage project located