Axium Infrastructure to acquire a 50% stake in Edwards Sanborn 1B storage facility from Terra-Gen.

Axium Infrastructure, an investment company, agreed to acquire a 50% stake in Edwards Sanborn 1B storage facility, from Terra-Gen, a renewable energy power producer. Financial terms were not disclosed. “This important transaction completes our Edwards Sanborn investments. The combined Edwards Sanborn assets will play a critical role in the integration of additional sustainable energy projects to help achieve California’s energy and climate change goals," Thierry Vandal, Axium Infrastructure President.