Axium Infrastructure completed the acquisition of an 80% stake in Edwards Sanborn 1A Finance Holdco from Terra-Gen.

Axium Infrastructure, a portfolio management firm dedicated to generating long-term investment returns through investing in core infrastructure assets, completed the acquisition of an 80% stake in Edwards Sanborn 1A Finance Holdco, a solar plus storage facility, from Terra-Gen, a developer, owner, and operator of utility-scale renewable energy projects in North America. Financial terms were not disclosed. “This transaction is Axium’s second investment in battery storage, and it further expands our significant renewables footprint in North America. This investment will play a critical role in the integration of additional sustainable energy projects to help achieve California’s energy and climate change goals,” Thierry Vandal, Axium Infrastructure President.