CAI and Trilantic completed the acquisition of a minority stake in Intersect Power for $127m.

Climate Adaptive Infrastructure, an infrastructure investment firm, and Trilantic North America, a global private equity firm, completed the acquisition of a minority stake in Intersect Power, a developer of utility-scale renewable energy, for $127m. "We are pleased to be founding investors in Intersect Power, a company defining the future of renewable infrastructure with remarkable connectivity between capital markets, supply chains, greenfield development, and innovative technologies. Intersect Power's deep bench of senior executives are experts at strategically deploying capital across low-carbon infrastructure assets. Additionally, we look forward to Intersect Power's expansion into green hydrogen, another critical component for global decarbonization," Bill Green, CAI Founder and Managing Partner.