EQT and GIC acquire majority stake in UK energy firm Calisen

The companies will buy stakes from a BlackRock-led consortium.

EQT and GIC have entered into an agreement to jointly acquire a majority stake in British energy firm Calisen from BlackRock, Goldman Sachs Alternatives, and Mubadala Investment Company, with Equitix as a minority investor.

Calisen is a provider of smart meters, electric vehicle charging, solar and battery, heat pump installation, meter reading, and maintenance and ancillary services for sustainable energy. It is the largest provider in the UK, operating under long-term contracts.

EQT and GIC will support the continued rollout of Calisen’s energy-transition-related assets, including smart meters, heat pumps, and renewable energy systems, in the UK and beyond. It will also explore expanding into adjacent sectors, such as smart water metering.

“Smart meters have a crucial role to play in the energy transition. Whilst they are installed at the consumer’s home, they create value across the supply chain. Consumers can track their consumption and potentially lower their bills through access to different tariffs, while suppliers and grid operators can save costs,” George Kay, head of Infrastructure at GIC Europe said.

Follow the link for more news on

GIC

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia