EQT Infrastructure completed the acquisition of Solarpack for $1.07bn.

EQT Infrastructure, an equity investment company in high quality mid-sized infrastructure companies, completed the acquisition of Solarpack, a Spanish renewable energy developer and owner of solar photovoltaic plants, for $1.07bn. "There is tremendous potential for solar energy as the global need for sustainable and environmentally friendly energy solutions will accelerate over the coming years. Solarpack, a strong platform with high growth potential, marks an important milestone for us as it is EQT Infrastructure’s first investment in the European solar PV energy sector. Looking ahead, we see great opportunities for organic and acquisitive growth in both existing and new geographies, and EQT Infrastructure looks forward to scaling-up Solarpack with the ambition to deliver a positive – and green – impact to the societies the company operates in," Asís Echániz, EQT Partner.