DIF Capital Partners Acquires Majority Stake in Pinnacle Power Limited
April 5, 2023
DIF Capital Partners has signed an agreement to acquire a significant majority stake in UK district heating developer and operator Pinnacle Power Limited via its DIF Infrastructure VII fund, with Pinnacle Power management retaining a minority stake and Pinnacle Group Limited exiting as the previous shareholder. The investment will fund the development, ownership and expansion of city-scale district heating networks across the UK, supporting projects such as the Greenwich Peninsula network and accelerating the transition to low-carbon heat.
- Buyers
- DIF Capital Partners
- Targets
- Pinnacle Power Limited
- Sellers
- Pinnacle Group Limited
- Industry
- Energy
- Location
- England, United Kingdom
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
DIF Capital Partners Acquires Majority Interest in Green Street Power Partners
April 3, 2023
Renewable Energy
DIF Capital Partners agreed to acquire a majority equity interest in Green Street Power Partners, a US-based developer, financier, owner and operator of distributed generation solar projects. The investment will be executed through DIF Infrastructure VII and is intended to grow DIF's North American renewable portfolio and support Green Street's execution of its 2 GW+ pipeline.
-
DIF Capital Partners Acquires Majority Stake in Diverso Energy
May 10, 2023
Renewable Energy
DIF Capital Partners, via its DIF Infrastructure VII fund, has signed an agreement to acquire a 75% majority interest in Diverso Energy Inc., a Canadian developer, owner and operator of geothermal heating and cooling systems. The founders retain 25% and will continue to lead the company; the investment will fund Diverso's growth and execution of its pipeline of geothermal EaaS projects across Canada.
-
CVC Capital Partners Acquires DIF Capital Partners and Final Stake in Glendower Capital
July 3, 2024
Financial Services
CVC Capital Partners has completed the acquisition of DIF Capital Partners and acquired the final 20% stake in Glendower Capital, rebranding them as CVC DIF and CVC Secondary Partners respectively. The deals expand CVC's secondaries and infrastructure capabilities, include an issuance of 37,448,444 shares as consideration, and involve leadership transitions at the acquired businesses.
-
DIF Capital Partners and PGGM to acquire 50% stake in Saur from EQT Infrastructure
December 28, 2022
Environmental Services
EQT Infrastructure has entered exclusive negotiations to sell 50% of its stake in Saur to a consortium composed of DIF Capital Partners and PGGM. The deal will broaden Saur's shareholder base to support continued geographic expansion, accelerate growth of its Industrial Water division, and back the company's 2030 strategic agenda.
-
DIF Capital Partners Acquires Bernhard, LLC from Bernhard Capital Partners
December 2, 2021
Energy
DIF Capital Partners, through its DIF Infrastructure VI fund, has completed the acquisition of Bernhard, LLC — the largest privately owned Energy-as-a-Service (EaaS) provider in the United States — from Bernhard Capital Partners Management, LP. Senior management will retain meaningful ownership and Bernhard will serve as a core part of DIF’s U.S. EaaS strategy as the company continues to scale.
-
Potentia Energy Acquires 1GW+ Australian Renewables Portfolio from CVC DIF
February 6, 2025
Energy
Potentia Energy has agreed to acquire a portfolio of Australian renewable energy projects from CVC DIF (DIF Infrastructure IV and V) and co-shareholder Cbus Super. The deal includes a majority stake in Bright Energy Investments (BEI) (including a wind farm recently reaching financial close of 367 MW) plus a separate portfolio of three operational solar farms and two adjacent BESS development projects — in total just over 1 GW of capacity (c.1,042 MW).
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.