EQT and GIC to acquire majority stake in Calisen

EQT and GIC to acquire majority stake in UK-based Calisen
EQT Active Core infrastructure fund and GIC, a global investor, have announced an agreement to jointly acquire a majority stake in Calisen Group, an independent smart metering company in the UK. The acquisition will be from funds managed by Global Infrastructure Partners,
EQT and GIC to acquire majority stake in Calisen from consortium of investors
The Financial Times first reported the deal earlier in the day, saying that the stake acquisition valued Calisen at about 4 billion pounds ($5.08 billion). Calisen was acquired in 2020, less than a year after its IPO,
Singapore’s GIC and Sweden’s EQT buy majority stake in UK smart meter firm Calisen
Singapore sovereign wealth fund GIC Pte Ltd and Swedish private equity firm EQT are jointly buying a majority stake in Calisen Group, a smart meter firm in the UK, for an undisclosed sum. They are buying the shares from funds managed by Global Infrastructure Partners. The exact shareholding was not specified.
EQT and GIC acquire majority stake in UK smart metering firm Calisen
EQT and GIC are acquiring a majority stake in UK smart metering firm Calisen from BlackRock, Goldman Sachs Alternatives and Mubadala Investment Company, with Equitix remaining as a minority partner.
EQT, GIC to jointly acquire UK’s smart metering biz Calisen
EQT and GIC have agreed to jointly acquire a majority stake in Calisen, an independent provider of smart meters and energy transition infrastructure in the UK. The sellers are Global Infrastructure Partners (GIP), Goldman Sachs Alternatives’ infra business and Mubadala Investment Company. Equitix will remain a minority investor.
EQT and GIC to Buy Majority Stake in UK Energy Infrastructure Co Calisen
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More.
EQT and GIC to acquire majority stake in Calisen, a leading independent smart metering company in the UK
The EQT Active Core Infrastructure fund ("EQT") and GIC, a leading global investor, are pleased to announce an agreement to jointly acquire
EQT and GIC to acquire majority stake in Calisen
GIC has announced that QT and GIC are acquiring a majority stake in UK smart metering firm Calisen from BlackRock, Goldman Sachs Alternatives and Mubadala Investment Company, with Equitix remaining as a minority partner.
EQT AB, GIC To Acquire Majority Stake In UK-based Calisen
EQT AB (EQBBF), a Swedish investment organization, Monday announced that the company and Singapore's sovereign wealth fund GIC will
Simpson Thacher Takes Lead on $5 Billion EQT Energy Buyout
Simpson Thacher & Bartlett's London office has secured the coveted mandate advising private equity firm EQT on a ...
Smart meter company snapped up in £4bn deal amid controversial rollout
EQT and GIC have snapped up the company as they look to cash in on the rollout of smart meters across the UK. The Government ...
Benzinga.com8d
EQT Secures $3.5 Billion Boost: Blackstone JV To Power Midstream Expansion
EQT forms a midstream JV with Blackstone Credit, raising $3.5B, valuing the deal at $8.8B. Proceeds to reduce EQT's debt, targeting $9B in net debt by year-end 2024. As per the deal, BXCI will ...