I Squared Capital, an independent global infrastructure manager with over $37bn in assets under management focused on investing in North America, Europe, Asia, and Latin America, completed the $400m investment in RPower, a distributed energy resource platform. “The need for onsite resilient generation has become more important over the past decade. Behind the meter, distributed energy resources, such as back-up generators, energy storage and other technologies, play a critical role in not only providing power when needed to customers, but also improving the reliability of the electric grid when dispatchable, localized generation capacity is required for grid stability. The fresh capital from I Squared will enable us to deliver on our significant backlog of projects,” Jamie Smith, RPower COO.