EQT Infrastructure VI Buys Solar Developer Madison Energy Investments from Stonepeak
Posted on 12/26/2022
In December 20, 2022, EQT Infrastructure VI fund has agreed to acquire Madison Energy Investments LLC from affiliates of Stonepeak Partners LP. Founded in 2019 and headquartered in Vienna, VA, Madison Energy Investments is a developer, owner, and operator of distributed solar and energy storage projects for commercial and industrial and community-based customers within the U.S.. Since inception, Madison Energy Investments has built a portfolio of more than 386 MW across America.
Advisors
EQT Infrastructure was advised by Barclays (financial) and Simpson, Thatcher, & Bartlett LLP (legal).
Madison Energy Investments was formed in March 2019 receiving an initial equity commitment of up to US$ 200 million from Stonepeak. At the time, Stonepeak agreed to provide Madison Energy Investments with a 4-year commitment. Madison Energy Investments was founded by Steven Cunningham, Jack Hachmann, and Richard Walsh.
Keywords: Stonepeak Infrastructure Partners. EQT Partners AB.
