TPG Rise Climate has received UK-basically based Aurora Energy Overview, increasing the US funding firm’s local climate analytics portfolio. The deal follows experiences earlier this 300 and sixty five days that Aurora’s inner most fairness proprietor become exploring a GBP 1 billion ($1.35 billion) sale.
Pilar Sánchez Molina
Image: Bob Brewer, Unsplash
TPG Rise Climate, the local climate funding platform of US-basically based different asset supervisor TPG (previously is named Texas Pacific Community), has received Aurora Energy Overview, a UK market review and consulting firm.
Closing is expected in the 2d half of of 2025, subject to primitive regulatory approvals and closing stipulations.
“As piece of the transaction, the firm’s existing inner most fairness backers, CGE Companions, 22C Capital, and Aurora CEO John Feddersen, will manufacture important reinvestments in the industry,” talked about the firm in an announcement. “By leveraging TPG’s wide sources and ride, Aurora shall be neatly positioned to enter its next piece of explain and innovation, while continuing to verbalize important impact and straight advancing the mission and funding objectives of each and each the firm and the Rise Climate Fund.”
In slack April 2025, Bloomberg reported that London-basically based inner most fairness firm CGE Companions become pondering about a GBP 1 billion sale of Aurora Energy Overview, which it received in 2020.
In a identical switch earlier this 300 and sixty five days, BlackRock talked about it received Preqin, an fair provider of non-public markets records.
In 2020, TPG launched Matrix in Spain thru its impact fund, The Rise Fund, following its acquisition of 1 GW of Trina describe voltaic projects across Spain, Chile, Colombia, and Mexico.
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