POWER UTILITY | Staff Reporter, Singapore

GIP finishes $5b acquisition of Equis Energy

It now holds a capacity of 11,135MW in the Asia Pacific region.

Enerdata reported that the American investment fund Global Infrastructure Partners (GIP) has closed the US$5b acquisition of the Singaporean renewable energy Independent Power Producer (IPP) Equis Energy. The transaction was announced in October 2017 and has been approved by the relevant authorities.

GIP Energy now holds an additional 180 assets with a combined capacity of 11,135 MW in operation, construction and development in the Asia Pacific region (Thailand, Philippines, Indonesia, India, Japan and Australia). This portfolio includes 1.9 GW of solar and onshore wind assets along with a long-term development pipeline comprised of over 115 projects representing a further 9.1 GW.

This article was originally published by Enerdata.

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