Global Infrastructure Partners to buy Equis Energy for $5 billion

Global Infrastructure Partners (GIP) has acquired 100 per cent stake in Equis Energy for $5 billion. The amount includes a $1.3 billion debt of Equis Energy. With this acquisition, GIP now owns over 180 assets with 11,135 MW of capacity that are either under operation or under construction. This comprises 2,402 MW of operational solar projects, with 4,254 MW of capacity under development; 2,252 MW of operational wind projects, with 1,977 MW under development; and 250 MW of hydro capacity. These projects are spread across Australia, Japan, India, Indonesia, the Philippines and Thailand.