Partners Group has agreed to acquire a majority stake in AVK Power Solutions, one of the largest and fastest-growing suppliers of power solutions for data centers and artificial intelligence (AI) infrastructure in Europe, on behalf of its clients. Partners Group plans to initially invest more than $1 billion of equity, supplemented by debt financing, to accelerate future growth.
The AVK management team will retain a minority stake in the company following the transaction.
Headquartered in the United Kingdom, AVK designs, installs and maintains data center power solutions with a focus on back-up power generators; bespoke behind-the-meter turnkey energy infrastructure, including microgrids; and modular electrical power units. The company also offers hybrid solutions that can run on biogas, biofuel and hydrogen.
AVK has delivered more than 20,000 projects and installed approximately 3.5 gigawatts of power to date. The company is active across the established FLAP-D
