Lotus Infrastructure Partners completed the acquisition of PNE USA.

Lotus Infrastructure Partners, a private equity firm specializing in energy infrastructure investments, completed the acquisition of PNE USA, a developer of utility-scale wind, solar, and energy storage projects in North America. Financial terms were not disclosed. "Our team has long admired the work of the Lotus management team. We know that our record of rapid growth in renewable power development will be supported and accelerated by Lotus' expertise in financing and operating energy assets. We are fortunate to have the opportunity to work with them," Karl Dahlstrom, PNE USA CEO.