Aggreko Energy Transition Solutions (ETS), a division of Aggreko, has acquired Infiniti Energy, a US-based commercial and industrial solar company, from Upper Bay Infrastructure Partners. Upper Bay, a mid-market infrastructure private equity firm that transformed Infiniti Energy into an IPP platform and institutional ownership, has fully exited its position in the company. This strategic acquisition significantly expands Aggreko’s distributed solar capabilities and asset base, by integrating Infiniti’s expertise in solar design, engineering, procurement and construction (EPC), together with its pipeline of onsite decarbonisation projects.
The addition of Infiniti Energy brings 12 MW of contracted operating solar assets, 22 MW of construction-ready solar projects and a further pipeline to ETS’s portfolio. It also strengthens the company’s foothold in several East Coast markets.
Jerry Polacek, president of Aggreko ETS, commented, “Combining the global scale, financial strength, and industry expertise of Aggreko with Infiniti’s distributed solar development and engineering, procurement and construction capabilities uniquely positions us to deliver turnkey decarbonisation solutions to our customers.”
