Announced
Synopsis
Partners Group, a private equity firm, agreed to invest in green flexibility, a developer of large-scale battery storage systems in Germany. Financial terms were not disclosed. “green flexibility will act as a key enabler of the energy transition in Germany by facilitating the integration of intermittent renewable energy into the country’s power grid. The Company represents an exciting opportunity to partner with a highly experienced, proven management team to build a battery storage platform in the largest power and electricity market in Europe. We look forward to working with them on our transformational value creation plan,” David Daum, Partners Group Partner, Head Infrastructure Europe.
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