Brookfield and Antin Commit Over $1 Billion to Origis Energy

Brookfield Commits Up to $1.1 Billion to Infinium to Scale eFuels Production

September 17, 2024

Renewable Energy

Brookfield Asset Management, via the first vintage of its Brookfield Global Transition Fund (BGTF I), committed an initial $200+ million and up to $850 million in follow-on capital to Infinium to accelerate deployment of its ultra-low-carbon eFuels platform and Project Roadrunner in West Texas. The funding will include Brookfield leading Infinium's Series C preferred stock offering and supports scaling Infinium's eSAF, eDiesel and eNaphtha production to meet growing airline and industrial offtake demand.

Brookfield Increases Financing to PosiGen, Bringing Total Support to $400 Million

May 28, 2024

Energy

PosiGen received an additional $150 million commitment from a direct lending infrastructure fund managed by Brookfield Asset Management, bringing Brookfield's total funding commitment to $400 million. The growth capital injection provides working capital to scale PosiGen's residential solar and energy-efficiency programs for underserved U.S. homeowners.

Antin Infrastructure Partners Acquires Majority Stake in PearlX

February 17, 2023

Renewable Energy

Antin Infrastructure Partners has acquired a majority stake in PearlX, a U.S.-based owner and operator of smart grid infrastructure focused on decarbonizing multifamily rental properties. The investment, the first North America commitment from Antin's NextGen platform, will be used to scale PearlX's team and deployment of solar, battery storage and electrification solutions across the U.S.

Brookfield Renewable Acquires Urban Grid for $650M

January 26, 2022

Renewable Energy

Brookfield Renewable acquired clean power developer Urban Grid and its pipeline of approximately 20,000 MW (13,000 MW solar and 7,000 MW storage) across 12 U.S. states for $650 million. The deal roughly triples Brookfield Renewable's U.S. development pipeline and Urban Grid will continue to operate under its brand as an independent power producer (IPP).

Antin Infrastructure Partners to Acquire Majority Stake in Origis Energy

October 18, 2021

Renewable Energy

Antin Infrastructure Partners’ funds have entered into a definitive agreement to acquire a majority stake in Origis Energy, a U.S. renewable energy platform focused on utility-scale solar and storage and distributed generation. The deal is expected to close in late 2021 after regulatory approvals, with Origis CEO & President Guy Vanderhaegen continuing to lead the company and retain a significant stake.

Antin Infrastructure Partners Acquires Veolia's US District Energy Business

July 31, 2019

Energy

Antin Infrastructure Partners agreed to acquire Veolia Environnement's US district energy business for an enterprise value of $1.25 billion. The business — the largest district energy provider in the United States, operating 13 district heating/cooling systems and employing more than 400 people — will be run as a standalone platform to pursue optimization, network densification, energy services and further growth.