I Squared Capital, a global infrastructure investment manager, agreed to acquire a 95% stake in Absolute Energy, an investment platform focused on renewable energy and broader energy transition technologies. Financial terms were not disclosed. “I Squared is excited to contribute our capital and our expertise to the continued growth of Absolute Energy, whose robust project pipeline will be critical to the energy transition in Italy. This investment uses our platform building expertise to convert a large pipeline of renewables projects into a modern, integrated energy utility that champions energy transition in Europe,”Gautam Bhandari, I Squared Capital Global CIO and Managing Partner.