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Antin Infrastructure has agreed to sell a majority stake in US-based Vicinity Energy to French private equity firm Harrison Street. The deal gives Vicinity an enterprise value of $2.92 billion and is expected to close in the first half of 2027 pending regulatory approvals.
Antin Infrastructure EURONEXT:ANTIN has agreed to sell a majority stake in US-based Vicinity Energy to Harrison Street, the French private equity firm said on Wednesday, sending its shares 3.7% higher by 1053 GMT.The deal gives Vicinity an enterprise value of $2.92 billion and is expected to close…
Antin Infrastructure Partners said its Flagship Fund IV agreed to sell a majority stake in Vicinity Energy to Harrison Street Asset Management. The transaction values 100% of Vicinity at an enterprise value of $2.92 billion and is expected to close in the first half of 2027, subject to regulatory approvals.