Equis energy Anguilla

Who bought Equis Energy?

Investment fund Global Infrastructure Partners agreed to buy Equis Energy, a Singapore-based developer of renewable-power projects, for $5 billion including debt, a record for the industry. The deal includes $1.3 billion of liabilities and is expected to close in the first quarter, the companies said in a joint statement on Wednesday.

Who is Equis Energy?

Equis Energy, which is developing one of the largest solar plants in Australia, has over 180 assets in operation, construction and development with capacity of more than 11 gigawatts, according to the statement.

Where does EQUIS invest in infrastructure?

Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan and South Korea. The Company was formed in 2019 through the restructure of the Equis business model from a funds management business to an infrastructure asset development company.

Is Equis Energy a good investment for GIP?

The acquisition is the biggest ever for the renewables industry, according to the companies and Bloomberg New Energy Finance. Equis Energy “is a strong fit with GIP’s global renewable-investment strategy,” Adebayo Ogunlesi, GIP’s chairman and managing partner, said in the statement.

What are Equis Energy assets?

Equis Energy assets include: Solar: 2.4 GW of generation capacity; 4.3 GW under development. Wind: 2.3 GW of generation capacity; 2 GW under development. Hydroelectric: 0.3 GW of generation capacity.

What does EQUIS do?

The primary objectives of Equis’ energy business is to develop infrastructure that reduces both power prices and CO 2 emissions, whilst improving energy efficiency and reliability. Equis is investing in the circular economy, focusing on three major segments, waste-to-energy, waste management and recovery infrastructure.