Marguerite completed the acquisition of Red de Calor de Cuenca from Rebi.

Marguerite, a pan-European infrastructure fund, completed the acquisition of Red de Calor de Cuenca, a project company which will build, commercialise, and operate a greenfield heating network, from Recursos de la Biomasa, an energy services company. Financial terms were not disclosed. “The project will allow for an efficient supply of green heat, contribute to climate change mitigation and support the local economy. It perfectly aligns with our strategy of investing in sustainable infrastructure projects that contribute to reducing CO 2 emissions and promoting the circular economy. Rebi has significant experience sourcing, developing, and operating urban heating networks at optimal locations in Spain. We are excited about our future collaboration to build a portfolio of such projects,” Pilar Gomez, Marguerite Partner.