Announced

EQT Partners to acquire Scale Microgrids from Warburg Pincus for $160m.

Synopsis

EQT Partners, an investment organisation, agreed to acquire Scale Microgrids, a vertically-integrated energy company, from Warburg Pincus, a private equity firm, for $160m. “Today marks the start of an exciting new chapter for our company. EQT brings a depth of experience, resources, and capital that will enable us to continue pursuing our vision to power the world with distributed energy. I’m incredibly proud of what our team has built, and believe this transaction will enable us to unlock even greater opportunities for the customers, employees, and communities we serve. We’re appreciative of our past shareholders, led by Warburg Pincus, for their support in helping us get to where we are today,” Ryan Goodman, Scale Microgrids CEO.

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