NEW YORK, Oct 25 (Bernama-GLOBE NEWSWIRE) -- Global Infrastructure Partners ("GIP"), a leading independent global infrastructure investor, announced today that its fund, Global Infrastructure Partners III -- in conjunction with the Public Sector Pension Investment Board ("PSP Investments"), one of Canada's largest pension investment managers, CIC Capital Corporation ("CIC Capital") and a group of its other Limited Partner Co-Investors -- has agreed to acquire 100 percent of the equity interests in the wind and solar renewable energy portfolio of Equis Funds Group ("Equis Energy") for USD3.7 billion.
Equis Energy is one of the largest renewable energy independent power producers in the Asia-Pacific region ("APAC"). Equis Energy is headquartered in Singapore and operates in several of the largest and fastest-growing renewable markets in APAC, including Japan, Australia, Indonesia, the Philippines, India and Thailand. Equis Energy invests in countries with favourable regulatory regimes and supportive power market dynamics. As of today, Equis Energy has developed a portfolio of 1.9 GW of operational, construction and shovel-ready solar PV and onshore wind assets. In addition, Equis Energy owns a promising long-term development pipeline comprised of over 115 projects representing 9.1 GW.
Equis Energy is one of the largest renewable energy independent power producers in the Asia-Pacific region ("APAC"). Equis Energy is headquartered in Singapore and operates in several of the largest and fastest-growing renewable markets in APAC, including Japan, Australia, Indonesia, the Philippines, India and Thailand. Equis Energy invests in countries with favourable regulatory regimes and supportive power market dynamics. As of today, Equis Energy has developed a portfolio of 1.9 GW of operational, construction and shovel-ready solar PV and onshore wind assets. In addition, Equis Energy owns a promising long-term development pipeline comprised of over 115 projects representing 9.1 GW.
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