Announced
Completed
Financials
Sources
Tags
Majority
Single Bidder
energy storage
Domestic
United Kingdom
Private Equity
Acquisition
Private
Friendly
Renewable Energy Equipment
Completed
Synopsis
Blue Water, a private equity firm, formed Global Energy Storage, an energy storage infrastructure company, in a $250m deal. “We have a proven ability to execute both greenfield and brownfield projects. We see growth areas in the storage and logistics for LNG, LPG, hydrogen, ammonia and renewable fuels. We’re developing an exciting pipeline of projects in Southeast Asia, Latin America, and elsewhere across the globe. We anticipate announcing our first deal very soon. It’s an exciting time for GES and we look forward to making further announcements soon about the expansion of the business," Peter Vucins, GES CEO.
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