Vauban Infrastructure Partners to acquire DB Energy Assets and Beacon Energy from Basalt Infrastructure Partners and DCO Energy.

Vauban Infrastructure Partners, an asset management company, agreed to acquire DB Energy Assets and Beacon Energy, which collectively own a portfolio of eight district cooling and heating systems across the Northeast and Michigan, from Basalt Infrastructure Partners, a mid-market infrastructure firm, and DCO Energy, an independent developer and operator of energy assets. Financial terms were not disclosed. "Through this landmark transaction, Vauban Infrastructure Partners enters into the US district energy market. This acquisition will allow Vauban to leverage its considerable experience in the European district energy market and is an important first step for Vauban in building a sustainable, long-term platform in the United States," Gwenola Chambon, Vauban Infrastructure Partners CEO and Founding Partner.