Fund management firm Global Infrastructure Partners (GIP) and co-investors have completed the acquisition of Equis Energy in the largest renewable energy deal in history. The transaction will create a new global leader for clean energy, with an estimated value of $45 billion to $60 billion. Singapore-based Equis Energy operates over 180 assets totalling 11,135 MW, located across Japan, Australian, Indonesia, India, Thailand and the Philippines.
Fund management firm Global Infrastructure Partners (GIP) and co-investors have completed the acquisition of Equis Energy in the largest renewable energy deal in history. The $5bn transaction included assumed liabilities of $1.3bn and was settled in cash. Singapore-based Equis Energy operates over 180 assets totalling 11,135 MW, located across Japan, Australian, Indonesia, India, Thailand and the Philippines.