Aggreko Energy Transition Solutions (ETS), a division of the global energy solutions leader Aggreko, has acquired Infiniti Energy, a US-based commercial and industrial solar company, from Upper Bay Infrastructure Partners. This strategic acquisition enhances Aggreko’s distributed solar capabilities, adding 12 MW of contracted operating solar assets, 22 MW of construction-ready solar projects, and a growing pipeline of decarbonization projects to ETS’s portfolio. The transaction significantly boosts Aggreko’s presence in East Coast markets and augments its in-house capabilities in power purchase agreements (PPA) and turnkey engineering, procurement, and construction (EPC). Jerry Polacek, President of Aggreko ETS, and Michael Kushner, CEO of Infiniti Energy, expressed optimism about the synergistic growth and enhanced customer solutions resulting from this deal. CRC-IB advised Upper Bay on the transaction.

Energy, Infrastructure Private Equity, Engineering, Procurement, and Construction (EPC),United States, United Kingdom

https://www.globenewswire.com/news-release/2024/07/08/2909743/0/en/Aggreko-Energy-Transition-Solutions-Acquires-Infiniti-Energy-Expanding-its-Leadership-in-Solar-Distributed-Generation.html