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Announced

Completed

Queensland Investment completed the $1bn investment in Generate.

Financials

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Transaction Value£762m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

investment platform

Completed

Minority

Private

United States

FinTech

Acquisition

Friendly

Single Bidder

Private Equity

Synopsis

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Queensland Investment, a long-term specialist manager in alternatives, completed the $1bn investment in Generate, a US investment and operating platform for distributed sustainable infrastructure. "We are delighted to partner with Generate whose customer-centric business model, depth of sector expertise, and pioneering vision position it uniquely as a leading infrastructure platform to harness these trends. We look forward to continuing to support Generate’s growth while pursuing additional thematic infrastructure investment opportunities in the North American market," Ross Israel, QIC Head of Global Infrastructure.

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