EQT Acquires Scale Microgrids from Warburg Pincus
January 9, 2025
EQT Transition Infrastructure has agreed to acquire Scale Microgrids, a vertically integrated developer, owner and operator of microgrids and distributed energy assets, from Warburg Pincus and other existing shareholders. Headquartered in Ridgewood, New Jersey, Scale operates roughly 250 MW of assets with a ~2.5 GW near-term pipeline; EQT said it will invest to scale commercial processes, software and project execution to accelerate growth in distributed generation and resilience offerings.
- Buyers
- EQT Transition Infrastructure (EQT)
- Targets
- Scale Microgrids
- Sellers
- Warburg Pincus, Other existing shareholders
- Industry
- Renewable Energy
- Location
- New Jersey, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Scale Microgrid Solutions Acquires City of Bridgeport Municipal Microgrid
June 4, 2021
Energy
Scale Microgrid Solutions, a Warburg Pincus–backed distributed energy platform, acquired the municipal microgrid that powers Bridgeport, Connecticut's City Hall, Police Headquarters and Eisenhower Senior Center. The CHP-based microgrid (commissioned 2018) operates under a 20-year Energy Services Agreement with the City and provides resilient on-site electricity, heat, and chilled water.
-
Scale Acquires Reload to Expand Gigawatt-Scale Data Center Power Capabilities
February 24, 2026
Energy
Scale, an EQT-backed provider of on-site energy solutions, has acquired Reload, a powered land development platform focused on siting, designing, and permitting gigawatt-scale data center campuses. The deal adds Reload's grid-scale development expertise and multi-gigawatt pipeline to Scale's data center energy offering to accelerate speed-to-power for hyperscalers and other large customers.
-
EQT Infrastructure Acquires Madison Energy Investments
December 20, 2022
Energy
EQT Infrastructure VI has agreed to acquire Madison Energy Investments (MEI) from affiliates of Stonepeak Partners. EQT will provide growth capital and digital/operational support to expand MEI's deployment of distributed solar and energy storage projects across the United States.
-
EQT Acquires ju:niz Energy to Launch EQT Transition Infrastructure Strategy
December 5, 2024
Energy
EQT, through its new EQT Transition Infrastructure strategy, will acquire German battery energy storage developer and operator ju:niz Energy from founder Dr. Franz Hauk. The investment is the inaugural deal for the strategy and aims to scale ju:niz's project development, operations and asset ownership to support the energy transition and grid flexibility in Europe.
-
EQT Value-Add Infrastructure Acquires Majority Stake in SK Shieldus
March 3, 2023
Infrastructure
EQT Value-Add Infrastructure (EQT Infrastructure VI) has agreed to acquire a 68% stake in SK Shieldus from SK Square and Macquarie Asset Management's infrastructure business, with SK Square retaining a 32% minority holding. The investment marks EQT's first infrastructure investment in South Korea and aims to accelerate SK Shieldus's digitalization, expand its physical and cyber security offerings, and support fleet decarbonization and operational improvements.
-
Macquarie Asset Management Acquires Majority Stake in DynaGrid Holdings
February 20, 2025
Engineering Services
Macquarie Asset Management has acquired a majority stake in DynaGrid Holdings, LLC, a Dallas‑headquartered provider of transmission and substation construction, maintenance and upgrade services for U.S. electric utilities. The deal is the first investment for Macquarie Asset Management's new buyout strategy focused on high-quality businesses serving infrastructure end markets and will be led by Andrew Olinick.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.