Investment Summary

NewWorld Capital Group Exits Soltage

On September 7, 2023, infrastructure investor Igneo Infrastructure Partners invested in renewable energy company Soltage from NewWorld Capital Group

Investment Highlights
  • This is Igneo Infrastructure Partners’ 4th transaction in the Renewable Energy sector.
  • This is Igneo Infrastructure Partners’ 3rd transaction in the United States.
  • This is Igneo Infrastructure Partners’ 1st transaction in New Jersey.

Investment Summary

Date 2023-09-07
Target Soltage
Sector Renewable Energy
Investor(s) Igneo Infrastructure Partners
Sellers(s) NewWorld Capital Group
Deal Type Secondary Buyout
Advisor(s) Citi (Financial)
Foley Hoag (Legal)

Target

Soltage

Jersey, New Jersey, United States
Soltage is an operator of a full-service renewable energy company that develops and operates solar energy stations on client structures by using proven technology and on-site electric generation. Soltage was founded in 2005 and is based in Jersey, New Jersey.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Igneo Infrastructure Partners

Investor Investor Investor Investor Investor


Category Infrastructure
Founded 1994
PE ASSETS 16.5B USD
Size Mega
Type Sector Focused
DESCRIPTION

Igneo Infrastructure Partners is a global infrastructure investment firm within the First?Sentier?Investors Group, focusing on mature mid?market infrastructure assets across renewables, digital infrastructure, utilities, transportation, and waste management. The Firm adopts a long-term, hands-on investment horizon to drive innovation, responsible investment practices, and sustainable value creation. Igneo Infrastructure Partners was formed in 1994 and is headquartered in London.


DEAL STATS #
Overall 23 of 23
Sector: Renewable Energy M&A 4 of 4
Type: Secondary Buyout M&A Deals 2 of 2
State: New Jersey M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-15 US Signal Company

Grand Rapids, Michigan, United States

US Signal Company provides network, data center, connectivity, cloud hosting, colocation, data protection, and disaster recovery services to regional enterprise customers and large national telecommunications carriers. US Signal Company was founded in 2001 and is based in Grand Rapids, Michigan.

Buy -

Seller(S) 1

SELLER

NewWorld Capital Group

New York, New York, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2009
Size Small
Type Sector Focused
DESCRIPTION

NewWorld Capital Group is a specialist private equity investment group focused on opportunities in the environmental sector. Specific areas of interest include clean energy, energy efficiency, environmental services, waste management, water, and materials. NewWorld looks to invest in mid-market, established companies. The Firm generally looks to provide expansion capital to growing businesses, development capital to infrastructure project developers, and project capital to production-scale plants with no technology risk, low commodity price risk, and long-term revenue contracts. NewWorld prefers North American based businesses, but will selectively consider opportunities in Europe. NewWorld Capital is based in New York City.


DEAL STATS #
Overall 5 of 5
Sector: Renewable Energy M&A 3 of 3
Type: Secondary Buyout M&A Deals 2 of 2
State: New Jersey M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-06 Aquam

Escondido, California, United States

Aquam is a global clean-tech firm that provides infrastructure support, rehabilitation, and diagnostics solutions for water and gas infrastructure. Aquam based in San Diego, California.

Buy -