GIP Acquires MAP RE/ES, Expands Renewable Energy Investment Footprint

Global Infrastructure Partners (GIP) has acquired MAP RE/ES, the renewable energy business of MAP Energy, including its investment platform, team and renewable energy assets.

The assets include a portfolio of producing royalty interests across more than 16,000 MW of operating wind and solar projects in the United States, as well as a nationwide development pipeline managed through joint ventures with national and regional development partners.

The MAP RE/ES business will continue to be led by its existing investment team, according to GIP.

This transaction expands on GIP’s global renewables investment strategy, which includes approximately $9 billion of equity investments and commitments in the sector, and ownership interests in over 10 GW of operating renewable assets and over 65 GW under construction or in development.

The post GIP Acquires MAP RE/ES, Expands Renewable Energy Investment Footprint appeared first on Solar Industry.

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