EQT and GIC acquire majority stake in UK company Calisen
EQT Active Core Infrastructure Fund and GIC have announced an agreement to acquire a majority stake in Calisen Group, a UK-based smart metering company, from Global Infrastructure Partners, BlackRock, Goldman Sachs Alternatives, and Mubadala Investment Company. Equitix will retain a minority stake. The transaction is subject to regulatory approvals. Headquartered in Manchester, Calisen owns, installs, reads, and maintains smart meters, with an installed base of 16 million units. The company aims to expand its smart…