Investment Summary

I Squared Capital Invests In RPower

On April 25, 2023, infrastructure investor I Squared Capital invested in utilities company RPower

Investment Highlights
  • This is I Squared Capital’s 11th transaction in the Utilities sector.
  • This is I Squared Capital’s 11th transaction in the United States.
  • This is I Squared Capital’s 4th transaction in Texas.

Investment Summary

Date 2023-04-25
Target RPower
Sector Utilities
Investor(s) I Squared Capital
Deal Type Growth Capital

Target

RPower

The Woodlands, Texas, United States
RPower is a power generation company focused on prime and backup power generation solutions. RPower specializes in providing backup generation to companies with mission critical loads; with a focus on serving energy intensive business including the Data Center and Oil & Gas segments. RPower was founded in 2021 and is based in The Woodlands, Texas.

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Investor(S) 1

DESCRIPTION

I Squared Capital is a global infrastructure investment manager focusing on energy, utilities, and transportation assets in North America, Europe, and select high growth economies. I Squared Capital was established in 2012 and is headquartered in New York City.


DEAL STATS #
Overall 42 of 54
Sector: Utilities M&A 11 of 12
Type: Growth Capital M&A Deals 8 of 9
State: Texas M&A 4 of 6
Country: United States M&A 11 of 17
Year: 2023 M&A 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-21 Enva

Ireland

Enva is an environmental services platform providing mission-critical, highly specialized, and regulated waste management services in the UK and Ireland. The company conducts waste collection, processing, and resource recovery at 34 facilities across the UK and Ireland, serving more than 20,000 industrial, energy, automotive, and other customers. It focuses on waste streams with complex technical and regulatory characteristics, requiring specialized expertise and licenses. Enva was formed in 1972 and is based in Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-02 Rentco Transport Equipment Rentals

High Wycombe, Australia

Rentco Transport Equipment Rentals is a provider of heavy-duty transport rental equipment on a short-, medium-, or long-term basis. Rentco Transport Equipment Rentals was founded in 1994 and is based in High Wycombe, Western Australia.

Buy -