National Grid (National Grid Ventures) Makes $1.75B Strategic Minority Investment in Joulent

Octopus Energy Group Takes Majority Stake in Uplight With Schneider Electric

March 27, 2026

Energy

Octopus Energy Group and Schneider Electric have signed a definitive agreement to invest in Uplight, with Octopus acquiring a majority stake. Schneider Electric will remain a significant minority partner as the parties aim to accelerate customer-driven grid flexibility and reliability across North America.

Mindjoin Acquires Solteir to Expand Energy and AI Compute Infrastructure

March 24, 2026

Infrastructure

Mindjoin announced the strategic acquisition of Solteir, bringing Solteir’s energy infrastructure technology platform and development pipeline into Mindjoin’s AI compute strategy. The combined company plans to deploy scalable, power-backed compute facilities for next-generation AI systems, supported by significant new capital to expand power and electrical infrastructure.

EQT Transition Infrastructure to Acquire Scale Microgrids

January 9, 2025

Energy

EQT Transition Infrastructure has agreed to acquire Scale Microgrids, a vertically integrated developer, acquirer, owner, and operator of microgrids and distributed energy resources. The deal is EQT’s first North American investment under its Transition Infrastructure strategy and will be supported by EQT’s balance sheet, with plans to invest further in Scale’s commercial processes, tech platform, and project execution capabilities.

Hull Street Energy Makes Strategic Investment in Greenskies Clean Focus

October 16, 2023

Renewable Energy

Hull Street Energy has made a strategic growth investment in Greenskies Clean Focus, a vertically integrated developer, constructor, financier, owner and operator of distributed solar, storage and microgrid projects. The investment expands Hull Street Energy's footprint in critical power infrastructure and will support accelerated deployment of behind-the-meter renewable resources across the United States, in collaboration with prior investor JLC Infrastructure and Greenskies leadership.

Igneo Infrastructure Partners Acquires Majority Stake in Soltage

September 7, 2023

Renewable Energy

Igneo Infrastructure Partners has agreed to acquire a majority equity interest in Soltage, a Jersey City–based developer, owner and operator of distributed solar and storage assets across 18 U.S. states. The investment will support Soltage's transition to a full independent power producer (IPP) model and the buildout of its 1.9 GW pipeline; terms were not disclosed and the deal is expected to close in 2023.

ALLETE Acquires New Energy Equity Solar Developer

April 15, 2022

Renewable Energy

ALLETE, Inc. signed a definitive agreement to acquire 100% of New Energy Equity LLC, a distributed solar developer, for approximately $165.5 million (subject to working capital adjustment). The transaction was later closed, with ALLETE expanding its sustainability-focused strategy and renewable energy capabilities.