Cubico Sustainable Investments completed the acquisition of a majority stake in Grupo T-Solar from I Squared Capital for €1.5bn.

Cubico Sustainable Investments, a renewable energy infrastructure company, completed the acquisition of a majority stake in Grupo T-Solar, an independent solar power generation company, from I Squared Capital, a global infrastructure investment manager, for €1.5bn ($1.8bn). "Our objective during our stewardship of T- Solar was to improve operations, grow the platform and establish T-Solar as a leader in renewables energy in Spain. We will continue to invest globally in renewables generation as well as transition energy in both industrial and growth economies," Sadek Wahba, I Squared Capital Managing Partner.