Marubeni completed the acquisition of Chenya Energy from I Squared Capital FOR $150m.

Marubeni, an integrated trading and investment business conglomerate, completed the acquisition of Chenya Energy, a provider of electricity and heat generation, distribution, and transmission services, from I Squared Capital, a private equity firm, for $150m. “This is I Squared Capital’s third platform realization in emerging markets and adds to our track-record of creating value for our investors through building world-class infrastructure growth companies that are highly valued by strategic buyers," Gautam Bhandari, I Squared Capital Managing Partner.