ICG completed the acquisition of Dos Grados.

Intermediate Capital Group, an asset management and private equity firm, completed the acquisition of Dos Grados, a renewable platform located across Spain and Portugal. Financial terms were not disclosed. "Dos Grados is an impressive renewable platform, well-aligned with the Fund’s focus on sustainable infrastructure. We’ve known the management team for many years and are delighted to be partnering with them as they construct their existing pipeline and embark on new opportunities within the energy transition," Guillaume d’Engremont, ICG Head of Infrastructure.