OPC Energy Acquires Competitive Power Ventures from Global Infrastructure Partners

January 25, 2021

OPC Energy Ltd. (TASE: OPCE), together with three Israeli institutional investors, has completed the acquisition of Competitive Power Ventures (CPV) from Global Infrastructure Partners (GIP). The deal gives OPC full ownership of CPV's operating assets, development pipeline and asset management business, positioning OPC to expand into U.S. renewable energy and efficient gas-fired power generation.

Buyers
OPC Energy Ltd., Three Israeli institutional investors (unnamed)
Targets
Competitive Power Ventures (CPV)
Sellers
Global Infrastructure Partners (GIP)
Industry
Energy
Location
Maryland, United States
Transaction Type
Buyout

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