Partners Group has agreed to invest up to €1 billion ($1.1 billion) of growth capital in Exus, an international infrastructure asset management and development firm focused on the renewable-energy sector.
Exus provides third-party asset management and project development services for owners of utility-scale solar, wind and battery storage projects in Europe and North America. The company also helps investors source acquisition opportunities, manage construction of new projects, optimize technical performance and reduce risks across renewable-energy portfolios.
Partners Group will focus on transforming Exus into a next-generation platform that builds, owns and operates renewable-energy assets across both Europe and North America, while continuing to provide world-class asset management services to third parties. Exus currently manages more than 11 gigawatts of renewable-energy assets and has developed 2.4 gigawatts of assets in both geographies to date.