Morgan Stanley Infrastructure Partners (MSIP) has made a strategic investment in Torch Clean Energy, a U.S.-based solar and storage developer, to expand and evolve its business model. The investment allows Torch to transition into a fully integrated clean power platform, enhancing its development, construction, and asset management capabilities.
Positioning for Growth
Since its founding, Torch has developed and sold over 1.2 GW of renewable energy assets across key U.S. markets. With strong relationships in the Mid-Atlantic—home to a growing data center demand—and the solar-rich desert Southwest, the company is well-positioned to capitalize on expanding energy needs.
Jonathan Kilberg, CEO of Torch Clean Energy, emphasized the impact of the partnership: “This partnership gives us the resources and support to scale our operations, enhance our capabilities, and continue to deliver real value to our customers.”
MSIP’s Strategic Role
MSIP’s investment supports Torch’s expansion into an integrated independent power producer. The firm will leverage its network and platform resources to build out construction, operations management, procurement, and project finance capabilities.
Related Article: Morgan Stanley Partners with Climeworks, Signs Its First-Ever Carbon Removal Deal
Chris Ortega, Head of Americas for MSIP, highlighted the growth potential: “Torch is well-positioned to benefit from the industry tailwinds of electrification and data center demand through its differentiated strategy of siting high-value contracted projects in growing markets.”
Chris Ortega, Head of Americas for MSIPAdvisory Teams
Legal and financial advisory firms involved in the transaction include:
Torch Clean Energy: Legal counsel by Latham & Watkins LLP, financial advisory by KeyBanc Capital Markets. MSIP: Legal counsel by Simpson Thacher & Bartlett LLP, financial advisory by Santander.Bottom Line
MSIP’s investment marks a significant step for Torch Clean Energy, strengthening its role in the renewable energy transition. The partnership provides Torch with the resources needed to scale, innovate, and meet rising clean energy demands.
Follow ESG News on LinkedIn
Morgan Stanley Infrastructure Partners Invests in Torch Clean Energy to Build Integrated Clean Power Platform NY Times News Today.
Read More Details
Finally We wish PressBee provided you with enough information of ( Morgan Stanley Infrastructure Partners Invests in Torch Clean Energy to Build Integrated Clean Power Platform )
Also on site :
- Sam Heughan Fans Are 'Melting' After Seeing His 'Smoking Hot' New Photos
- ‘70s Actress From Award-Winning TV Show Is Nearly Unrecognizable on Rare Outing
- Beloved Singer, 37, Makes Final Public Appearance Before Serious Cancer Treatments