Private equity firm EQT is creating a new energy transition fund, EQT Transition Infrastructure, which will look to invest in clean energy companies in Europe, North America, and the Asia Pacific. The first acquisition of the Sweden-headquartered private equity firm with $259 billion (246 billion euros) in total assets under management is Germany’s ju:niz Energy, a battery energy storage system developer and operator, EQT said on Thursday. The German company will be the EQT Transition Infrastructure strategy’s first highly thematic…
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