(Boursier.com) – Vauban Infrastructure Partners announced today that it has entered into an agreement on December 30, 2021 for the acquisition of the entire capital of DB Energy Assets, LLC (“DBEA”) and Beacon Energy Holdings LLC, which together hold a portfolio of eight district heating and cooling systems in the Northeastern United States and Michigan with Basalt Infrastrure Partners II LP (“Basalt”) and DCO Energy, LLC.
The Assets constitute an attractive and diversified portfolio of energy networks in terms of location, technology and customers. They are managed by an experienced management team who will continue to manage the platform, its clients and its long-term growth once the transaction is completed. The Assets are located in six US states and provide reliable, sustainable and cost competitive energy solutions to a diverse customer base including universities, urban centers, hospitals as well as industrial and tertiary customers.
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