Consortium of Asterion, Electricite de France and Swiss Life Funds completed the acquisition of Energy Assets Group for $648m.

Asterion Industrial Partners, Spanish infrastructure-investment fund, Electricite de France, French utility, and Swiss Life Funds Global Infrastructure Opportunities completed the acquisition of the UK company Energy Assets Group from Alinda Capital Partners and Hermes Investment Management, for $648m. The acquisition of EAG represents a unique opportunity to invest in a high-quality core and critical energy infrastructure platform in the United Kingdom. The company generates revenues from stable, long-term contractual arrangements with credit-worthy counterparties. As an accredited meter asset manager, meter operator and data collector, EAG works alongside major energy suppliers, and leading real estate developers and brands.