EQT to Acquire 42% Stake in Kelda Holdings, Parent of Yorkshire Water

EQT Infrastructure to Acquire KJ Environment in South Korea

August 16, 2024

Environmental Services

EQT Infrastructure VI has entered into a definitive agreement to acquire KJ Environment and affiliated companies to build an end-to-end waste treatment platform in South Korea focused on plastic recycling and waste-to-energy. The platform will leverage assets in the Greater Seoul Metropolitan Area and is intended to support a scaled and diversified circular economy infrastructure business. Closing is expected in Q4 2024, subject to customary conditions and approvals.

EQT (via Otello BidCo AB) Acquires OX2 AB

October 8, 2024

Energy

EQT Infrastructure VI, through acquisition vehicle Otello BidCo AB, completed a recommended public offer to acquire 100% of OX2 AB at SEK 60 per share and now controls 98.81% of the company; OX2 has applied for delisting from Nasdaq Stockholm. EQT says it will support OX2's evolution from a pure developer to an integrated renewables developer and asset owner and provide additional investment to grow the company's pipeline across onshore/offshore wind, solar and storage.

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.

EQT Enters Exclusive Talks to Acquire Ocea Group from ICG Infra

April 4, 2024

Energy

EQT Active Core Infrastructure has entered exclusive negotiations to acquire Ocea Group, a French water and heat submetering infrastructure provider, from ICG Infrastructure Equity I. Ocea operates more than four million submeters and serves over 7,000 public and private customers under long-term inflation-linked contracts; EQT intends to support the company’s growth across core submetering and adjacent digital and sustainable solutions.

Macquarie Asset Management Acquires Majority Stake in Southern Water

August 9, 2021

Utilities

Macquarie Asset Management has agreed to acquire a majority stake in Southern Water Services Limited and will invest over £1 billion of new equity to recapitalise the business. The capital will strengthen Southern Water’s balance sheet and fund a multi-year £2 billion investment programme to reduce leaks and pollution incidents, improve customer service, and boost financial resilience.

EQT Active Core Infrastructure Acquires Majority Stake in Tion Renewables

March 24, 2023

Energy

EQT Active Core Infrastructure, through Boè TopCo GmbH & Co. KG and its Hopper BidCo GmbH vehicle, has agreed to acquire a majority stake (82.1% aggregate interest via agreements) in Germany-headquartered renewable energy producer Tion Renewables AG from Pelion Green Future Alpha GmbH. The transaction values Tion at a base equity value of €150 million and is intended to support the company’s growth into a leading platform for solar, wind and battery storage projects across Europe.