Announced

Completed

Arcus Infrastructure Partners completed the acquisition of 51% stake in Powering.

Synopsis

Arcus Infrastructure Partners, a private equity firm based in UK, completed the acquisition of 51% stake in Powering, a company active in Italy in the rental of electric generators. Financial terms were not disclosed. “With Arcus we share a strategic vision aimed at innovation and sustainability, and we are certain that this collaboration will allow us to further raise our service standards, guaranteeing energy continuity to Italian businesses and communities and beyond.” Piero Giancano, Powering founder and CEO.

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