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Synopsis
A consortium of investors, including White Summit Capital, IST3 Investment Foundationand and Reichmuth completed the acquisition of mini-hydro and wind assets in Spain and Portugal of Cube Infrastructure Partners, an infrastructure investment manager, for $113m. "We are proud to have accompanied the development of CHP over the last 10 years, and turned it into a sizeable renewable platform in Iberia. Renewables are playing an increasingly important role in the energy transition and the decarbonization of our economies as well as being a sector that we are continuously screening to seize attractive opportunities,” Saket Trivedi, Cube Infrastructure Managers Managing Director.
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