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Announced

Just Climate to acquire a minority stake in Continuum Green Energy for $150m.

Synopsis

Just Climate, an investment firm focusing on climate solutions, agreed to acquire a minority stake in Continuum Green Energy, a renewable energy producer and seller, for $150m. “We are excited to have Just Climate join Morgan Stanley Infrastructure Partners and the founders as a partner of Continuum. Just Climate is a specialist sustainable investor with a world-class team and expertise in renewable energy and sustainability more broadly. We know that building renewable power comes with challenges, and so welcome Just Climate’s expertise as we embark on our next phase of growth and value creation for all our stakeholders. This equity raise, together with our earlier financing transactions in the bond and credit markets, puts Continuum on a strong footing to continue executing its differentiated, fast-paced and profitable growth strategy,” Arvind Bansal, Continuum Co-Founder and CEO.

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