Generate Capital $2B equity raise — sustainable infrastructure (community solar, energy efficiency, microgrids, storage, EV, hydrogen, water/waste)
Generate Capital raised $2B in equity from existing investors (AustralianSuper, QIC) plus new investors (Harbert, Aware Super, CBRE Caledon). Brought balance sheet capacity to ~$10B. Following $1B raise in Feb 2020. 2,000+ assets globally. Axios called it one of the largest single private sustainability investments at the time.
$2.00B
Deal Value
Mixed
Technology
CA
Location
Deal Details
- Deal Type
- Growth Equity
- Seller / Sponsor
- Generate Capital
- Buyer / Financier
- AustralianSuper, QIC, Harbert Management, Aware Super, CBRE Caledon, Railways Pension UK, AP2 Sweden, Wellcome Trust
- Deal Value
- $2B
- Stage
- Operating
- ISO/RTO
- Multiple
- Source
- CNBC
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