Tikehau Capital completed the acquisition of CEBAT from Oaktree Capital Management.

Tikehau Capital, a private equity firm, completed the acquisition of CEBAT, a company active in the installation and maintenance of high voltage underground cables and electricity and water distribution networks, from Oaktree Capital Management, a private equity firm. Financial terms were not disclosed. Tikehau Capital through its private equity decarbonisation strategy focuses on investing in companies engaged in global electrification, resource and energy efficiency, low-carbon inputs, and adaptation to climate change, with the aim of supporting players across the value chain whose products and services are critical to reducing the economy’s carbon footprint.