EQT to acquire ju:niz Energy.

EQT, a Swedish private equity firm, agreed to acquire ju:niz Energy, a German advanced large-scale battery storage systems developer and operator. Financial terms were not disclosed. “The introduction of this strategy reinforces EQT’s commitment to investing towards a climate-resilient future. ju:niz Energy is a perfect example of the type of business that EQT Transition Infrastructure will seek to invest in. We believe its innovative technology has strong underlying economics and the potential to help our energy infrastructure become significantly cleaner, more affordable and resilient. We look forward to partnering with the team during the Company’s next stage of growth,” Asis Echaniz, EQT Partner.