Announced

White Summit Capital to acquire a majority stake in Grastim.

Synopsis

White Summit Capital, a specialized investment firm focused on infrastructure and the energy transition, agreed to acquire a majority stake in Grastim, an Italian energy company specialized in decarbonizing industrial operations, from Graded, an Italian energy group. Financial terms were not disclosed. "Partnering with White Summit Capital allows us to rely on a strong infrastructure investor that has already proven expertise in industrial decarbonisation. Thanks to WSC’s support, we will accelerate the deployment of innovative and reliable energy solutions for our clients, strengthening our position as a trusted long-term partner," Vito Grassi, Grastim Chairman.

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MergerLinks - White Summit Capital to acquire a majority stake in Grastim.