EQT unveils transition infrastructure strategy with first investment in ju:niz Energy

TAGS

EQT has introduced its transition infrastructure strategy, a focused initiative aimed at driving the global shift toward decarbonisation and a climate-resilient future. With an inaugural investment in ju:niz Energy, a Germany-based developer and operator of battery energy storage systems, the strategy positions EQT to expand its portfolio in energy storage systems while addressing critical environmental challenges.

The launch of this strategy builds on EQT’s 15 years of experience investing in sustainable energy infrastructure, with over €17 billion allocated to energy transition-related projects globally.

A bold vision for energy transformation

The EQT Transition Infrastructure strategy seeks to scale businesses that support clean energy transition, decarbonisation, and the shift to a resource-efficient economy. Targeting investments in North America, Europe, and Asia Pacific, the initiative leverages EQT’s extensive expertise in renewable energy capacity and environmental sectors. It is designed to complement the firm’s existing Value-Add and Active Core strategies, which are part of its €72 billion global infrastructure business.

See also  First State Investments to acquire 40% stake in US renewable energy company Terra-Gen
EQT has introduced its Transition Infrastructure strategy, a focused initiative aimed at driving the global shift toward decarbonisation and climate resilience.
EQT has introduced its Transition Infrastructure strategy, a focused initiative aimed at driving the global shift toward decarbonisation and climate resilience. Photo courtesy of EQT AB.

Francesco Starace, the strategy’s chair and a former CEO of Enel, highlighted the pivotal role of existing technologies in achieving substantial emissions reductions by 2030. He expressed confidence that the new strategy would allow EQT to scale companies offering innovative, clean energy transition solutions while deepening client partnerships.

ju:niz Energy as a strategic acquisition

ju:niz Energy represents the first acquisition under the transition infrastructure strategy. Headquartered in Aschheim, Germany, the company develops and operates battery energy storage systems to bolster energy grid stability amidst the growing reliance on renewable energy capacity. The deal marks EQT’s commitment to supporting the energy storage systems sector, which is critical for balancing supply-demand dynamics in renewable-powered grids.

Germany, the largest electricity market in Europe, is rapidly expanding its renewable energy capacity. EQT plans to help ju:niz Energy expand its pipeline of battery energy storage projects, solidify its market position, and become an independent flexibility provider. The acquisition will also enable ju:niz Energy to scale its asset ownership and enhance its role in advancing decarbonisation and electrification.

See also  Adani TotalEnergies E-Mobility and MG Motor India forge partnership to boost EV charging infrastructure

Jan Vesely, Head of EQT Transition Infrastructure, noted that the rise of AI, digitalisation, and cost-efficient technologies are driving a transformation in energy storage systems and infrastructure. EQT’s role, he emphasised, would be to support emerging yet proven solutions like those offered by ju:niz Energy, fostering the next generation of sustainable energy infrastructure.

Leadership and future plans

Led by Jan Vesely in New York and Asis Echaniz in Madrid, the transition infrastructure strategy benefits from EQT’s 130-member investment team. The leadership team brings decades of experience in infrastructure development, climate investments, and scaling transformative businesses. The initiative is positioned to accelerate solutions that address critical environmental challenges while delivering strong economic returns.

Asis Echaniz underscored the importance of ju:niz Energy as a blueprint for future investments, citing the company’s innovative technology and alignment with EQT’s climate-resilient future objectives. He added that the strategy’s broader mission is to make sustainable energy infrastructure cleaner, more resilient, and economically viable.

See also  Tata Power launches off-grid solar solutions in three Indian states

The transaction to acquire ju:niz Energy remains subject to customary conditions and regulatory approvals. EQT has partnered with UBS, McKinsey, and leading legal advisors, including Gibson Dunn & Crutcher and Norton Rose Fulbright, for financial and commercial guidance.

With this move, EQT solidifies its position as a key player in driving global clean energy transition while addressing the growing demand for renewable energy capacity. The EQT Transition Infrastructure strategy, anchored by ju:niz Energy, is poised to lead the way in creating a climate-resilient future.


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (0)
Disqus ( )