Greenbelt Capital, Schroders Capital, StepStone Group and Wafra completed the acquisition of Saber Power Services from Oaktree Capital.

Greenbelt Capital, Schroders Capital, StepStone Group and Wafra, the investors, completed the acquisition of Saber Power Services, a fully integrated, substation and medium-to-high-voltage infrastructure services platform, from Oaktree Capital, a private equity firm. Financial terms were not disclosed. “With over a decade of experience, the Saber Power team has demonstrated its ability to provide a safe, reliable and high-performance service offering that excels in complex environments. We are excited for Saber’s next chapter and believe this investment from Greenbelt demonstrates the market leading position of our business and our customers’ trust in the quality of our work. We look forward to partnering with Greenbelt to unlock more efficient and resilient electrical infrastructure across the country,” Brian Bratton, Saber CEO.