Announced

Completed

Invesco completed the investment in Franklin Energy.

Synopsis

Invesco, an investment management company, completed the investment in Franklin Energy, a provider of tech-enabled sustainable energy management solutions and products. Financial terms were not disclosed. “This investment is a tremendous validation of the company’s long-term growth potential and the key role our company plays in the energy transition. Through this investment, we will continue to build on our 30-year legacy, transforming the capabilities we have cultivated into resources that can be fully leveraged by the entire ecosystem of energy solution providers. I look forward to working together with our new partners at Invesco as well as our longtime sponsor, Abry Partners, to further grow the company and accelerate value creation for our employees, our shareholders, and the communities in which we live and serve," Terry Sobolewski, Franklin Energy CEO.

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