Partners Group acquires majority stake in Sunsure Energy

19th December 2022
-IAM, News

Daniel Pfund, Senior Financial Analyst

Partners Group, the Swiss private equity firm, will invest up to USD 400 million in India’s Sunsure Energy. With this move, Partners Group acquires a majority stake and takes control of this leading renewable energy company. Sunsure Energy was founded in 2015 and builds solar plants for commercial and industrial companies and renewable energy providers in India. With the help of Partners Group, the company will also become a renewable energy provider by building its own solar plant, wind fields and energy storage solution through batteries. The new platform aims to produce more than 3 GW. India is the third largest consumer of electricity in the world, and commercial and industrial companies account for more than 50% of the country’s consumption. Partners Group is particularly well placed to succeed in this project, having already a strong experience in the renewable energy and decarbonization sectors.