EQT to acquire distributed energy company Scale Microgrids

EQT New York United States of America

Transaction marks the EQT Transition Infrastructure strategy's second highly thematic investment over the past month, to be acquired with capital from EQT's balance sheetScale Microgrids is a vertically integrated energy company that designs, builds, finances, owns, and operates microgrids and distributed energy assets in North America, with a vision to power the world with distributed energy.EQT will support Scale Microgrids along its existing growth journey through significant investments in its commercial processes, tech platform and project execution capabilities, enabling the Company to own and operate billions of dollars in distributed generation assets.View original content:https://www.prnewswire.co.uk/news-releases/eqt-to-acquire-distributed-energy-company-scale-microgrids-302347019.html

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