Partners Group, one of the largest firms in the global private markets industry, has agreed to acquire Eteck, a provider of sustainable decentralized heating and cooling solutions in the Netherlands, from Infracapital and other minority shareholders. Financial terms were not disclosed.
Eteck offers full-service heating and cooling contracting solutions, including design, financing, installation, maintenance and supply for multi-dwelling residential buildings and commercial properties in the Netherlands. The company, which specializes in sustainable, low-temperature heat pumps, holds a significant market share and supplies more than 100,000 connections across the country.
Partners Group said Eteck benefits from resilient and predictable infrastructure characteristics, including long-term contracts of up to 30 years, high barriers to entry and a supportive regulatory framework.
The firm plans to transform Eteck into a decentralized energy-solutions platform and wi
