EQT has launched the EQT Transition Infrastructure strategy investing in clean energy in the US, Europe and Asia.
The strategy will be led by Jan Vesely, head of EQT Transition Infrastructure in New York, and Asis Echaniz, head of EQT Transition Infrastructure Europe in Madrid. The strategy launches with a first investment in Juniz Energy, a German firm that develops, builds, and operates utility-scale battery energy storage systems.
Francesco Starace, Partner and Chair of EQT Transition Infrastructure, said, “According to the International Energy Agency, technologies available today, combined with policy measures and investment, could deliver more than 80% of the emissions reductions needed by 2030. I’m excited that EQT will be able to expand its access to scaling companies with established transition-related solutions, an area that is additive to our existing infrastructure strategies. We also see this as a milestone to deepen EQT’s partnerships with our clients by offering a variety of complementary propositions addressing the huge investment need to transition to a low-carbon economy.”
Jan Vesely, Partner and Head of EQT Transition Infrastructure, said, “The pace of technological innovation and a steady reduction in costs, coupled with digitalization and the evolution of AI, continue to drive the need for a transformation of our energy systems and the economy. Against this backdrop, EQT Transition Infrastructure will help emerging but proven solutions and businesses scale, to create the next generation of sustainable energy infrastructure.”
Asis Echaniz, Partner and Head of EQT Transition Infrastructure Europe, said, “The introduction of this strategy reinforces EQT’s commitment to investing towards a climate-resilient future. ju:niz Energy is a perfect example of the type of business that EQT Transition Infrastructure will seek to invest in. We believe its innovative technology has strong underlying economics and the potential to help our energy infrastructure become significantly cleaner, more affordable and resilient. We look forward to partnering with the team during the Company’s next stage of growth.”
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