Pantheon Infrastructure PLC (PINT), a global infrastructure fund, has invested approximately $46.1 million in Cartier Energy, a district energy platform in the United States.
Cartier comprises eight district energy systems across the Northeast, Mid-Atlantic and Midwest of the United States — Detroit Thermal Energy in Michigan; Montclair State University in New Jersey; Hartford Steam and Fuel Cell, Midtown Thermal in Atlantic City, N.J.; Wilmington District Energy and Dover Energy in Delaware; and Industrial District Energy Assets in New Jersey and Massachusetts. It provides diversified energy services such as heat (steam, hot water), cooling (chilled water) and electricity to about 190 buildings across the higher-education, healthcare, commercial, manufacturing, hospitality, government, and retail sectors.
These energy services offer a reliable, sustainable and cost-efficient solution to customers located in communities with high delivered-energy prices. District ene