TPG Rise Climate Acquires Majority Stake in Aurora Energy Research

TPG (TPG Rise Climate) Acquires Majority Stake in Sabre Industries

March 21, 2026

Industrial Services

TPG signed definitive agreements to acquire a majority stake in Sabre Industries, a provider of engineered critical infrastructure solutions for electric transmission, telecom, and data centers. The investment will be made through TPG Rise Climate, while existing investor Blackstone Energy Transition Partners will retain a significant minority stake; terms were not disclosed.

TPG and La Caisse to Acquire Majority Stake in Pike Corporation

November 17, 2025

Industrial Services

TPG Rise Climate and La Caisse have signed a definitive agreement to acquire a majority interest in Pike Corporation, with La Caisse taking a significant minority position. The investment will support Pike’s growth in grid modernization and climate adaptation for U.S. electric utilities.

TPG Acquires Altus Power for $2.2 Billion

February 6, 2025

Infrastructure

Altus Power, a commercial-scale clean energy provider focused on solar and related infrastructure, agreed to be acquired by TPG through its TPG Rise Climate Transition Infrastructure strategy in an all-cash deal valued at about $2.2 billion (including outstanding debt). In the merger, Altus Power stockholders receive $5.00 per share. The transaction closed in April 2025 and Altus Power became privately held, with its NYSE listing removed.

TPG Rise Climate to Acquire Olympus Terminals

May 7, 2024

Energy

TPG Rise Climate, the climate investing strategy of TPG Rise, has signed a definitive agreement to acquire Olympus Terminals, an independent renewable fuels and refined products storage provider in Southern California. The deal is intended to support TPG Rise Climate’s efforts to reduce transportation-related greenhouse gas emissions by expanding import, storage, and distribution capacity for renewable diesel in California.

TPG Rise Climate Acquires Majority Stake in A-Gas from KKR

August 17, 2023

Environmental Services

TPG Rise Climate, the climate investing strategy of TPG, has agreed to acquire a majority stake in A-Gas, the global refrigerant gas recovery and reclamation specialist. KKR will remain a significant minority shareholder and minority investor LDC will fully exit; the transaction is expected to close by the end of 2023 subject to customary approvals.

CGE Partners and 22C Capital Invest in Aurora Energy Research

October 30, 2020

Data & Analytics

CGE Partners has invested in Aurora Energy Research to support the company's next phase of global growth, with 22C Capital co‑investing and Steve Halliday joining the board as Chairman. The investment backs founder and CEO Dr. John Feddersen and the existing management team to accelerate international expansion, new product development and future M&A; Aurora is an Oxford‑based provider of power and energy market data, analytics, reports and software with c.148 employees.