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AMG and Qualitas Energy Announce Partnership
Globenewswire· 2025-05-08 10:45
Core Viewpoint - AMG has entered into a definitive agreement to acquire a minority equity interest in Qualitas Energy, a global investment and management platform focused on renewable energy and sustainable infrastructure [1][7]. Group 1: Transaction Details - Qualitas Energy's management will retain majority ownership and continue leading day-to-day operations, ensuring operational independence [2]. - The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions [4]. Group 2: Qualitas Energy Overview - Founded in 2006, Qualitas Energy has raised approximately €5 billion across six funds, focusing on investments in solar, wind, batteries, hydroelectric power, and renewable natural gas [3][8]. - The firm has dedicated over €14 billion to the energy transition globally, with a portfolio comprising over 11 GW of operational and development-stage renewable energy assets [8]. Group 3: Strategic Importance - The partnership with AMG is expected to enhance Qualitas Energy's investment capacity and align with its long-term objectives in energy transition investing [4][8]. - Qualitas Energy's existing portfolio has generated enough energy to supply 1.2 million homes and has avoided the emission of 1 million metric tons of CO2 equivalent over the past five years [8]. Group 4: AMG Overview - AMG manages approximately $712 billion in assets across various investment strategies as of March 31, 2025, focusing on high-quality independent partner-owned firms [5]. - The partnership with Qualitas Energy will expand AMG's participation in private markets and alternatives [7].