M&AInfrastructureSIGNED
Antin inks Vicinity Energy stake sale to Harrison Street at $2.9bn EV
Value
$2.9Bn
Acquirer
Harrison Street
Target
Vicinity Energy (stake sale)
Antin Infrastructure Partners has sold its stake in Vicinity Energy to Harrison Street for an enterprise value of $2.9 billion. Vicinity Energy provides district heating and cooling services to over 1,000 buildings across 12 US cities.
✦ Meridian Analysis
This transaction involves a significant infrastructure asset in the US district energy sector. The deal size indicates substantial value in the provision of essential utility services, with a focus on sustainable energy solutions.
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