202304 Oct

Partners Group to invest in Exus, an international renewables asset management and development firm

Summary

Exus helps investors source acquisition opportunities, manage construction of new projects, optimize technical performance, and reduce risks across renewable energy portfolios.Following the investment, Partners Group will focus on transforming Exus into a next-generation platform that builds, owns, and operates renewable energy assets across both Europe and North America, while continuing to provide world-class asset management services to third parties. Partners Group will work with management on a value creation plan that will include executing on seed portfolio investment opportunities, growing the Companys expertise through targeted hires, and expanding its project pipeline through accretive acquisitions and partnerships.To execute on this vision, Exus will leverage both its proven track record of constructing and commercializing renewable energy assets and existing network to acquire and build utility-scale renewables projects and guide them through to full operational status. Exus is set to benefit from multiple thematic trends including growing regulatory support for renewables, geopolitical uncertainty driving wind and solar deployment, and rising demand from corporates to offset carbon footprints as part of decarbonization goals.Diogo Reis, Partner, Chief Executive Officer Europe, Exus, comments: "We manage an international renewables portfolio that spans multiple technologies. Our team has the deep commercial and technical capabilities needed to scale a high-quality asset development business, and Partners Group can provide the long-term capital to realize this vision. "Jim Spencer, Partner, Chief Executive Officer North America, Exus, adds: "With decarbonization a top priority for governments and businesses, we see an opportunity to expand as a builder, owner, and operator of renewables assets.

Source: Partnersgroup

Funding

$1.05B
Amount
Oct 04 2023
Date
-
Investor
exodus
Company

Classifications

Companies