EQT to acquire Scale Microgrids from Warburg Pincus.

EQT, a private equity firm investing in healthcare, consumer goods, industrial, energy, and environmental industries, agreed to acquire Scale Microgrids, a vertically-integrated distributed energy company from Warburg Pincus, a private equity firm. Financial terms were not dislcosed. "We are thrilled that Scale Microgrids will become EQT Transition Infrastructure's first investment in North America, underscoring our commitment to driving the energy transition globally and supporting a decarbonized and climate-resilient future while addressing the accelerated electricity demand in North America. We see enormous potential to accelerate Scale's growth and establish it as one of the market's leading vertically integrated energy companies," Jan Vesely, EQT Partner.