Prime Capital completed the acquisition of Project Jupiter from WBS Power.

Prime Capital, an independent asset management firm and financial services provider, completed the acquisition of Project Jupiter, a flagship infrastructure development from WBS Power, a European renewable energy provider. Financial terms were not disclosed. “Germany is back! This acquisition strengthens the country’s critical infrastructure by combining renewable energy and digital capacity at an unprecedented scale. Project Jupiter is a cornerstone for a resilient, sustainable, and future-proof energy system. It also marks a pivotal step in executing our fund’s strategy to invest in transformative assets that drive the energy transition in Europe,” Dr Mathias Bimberg, Prime Capital Head of Infrastructure.