Lazard Asset Management completed the acquisition of Collective Energy.

Lazard Asset Management a provider of financial advisory and asset management, completed the acquisition of Collective Energy, a provider of advisory services and solar generation solutions to commercial customers. Financial terms were not disclosed. "There is significant forecast growth in behind-the-meter energy generation in Austria and we are confident that Collective Energy can build on its long-term contracts with multi-site clients and diversified revenue base to deliver this next generation of renewable energy,” Robert Wall, LAM Head of Sustainable Private Infrastructure.