How often would you like to receive our newsletter?
Want to read more?
Already have an account? Log In
Taylor McManus, Principal, Infrastructure Investment Team at Hamilton Lane & Kevin Pellecchia, Executive Director, Infrastructure Investments at GCM Grosvenor.
The deal valued the San Francisco-based software company at $2.5 billion, with Accel and 01A participating alongside new investors Salesforce Ventures and S32.
The direct secondaries deal gives the French manager full ownership of the 460 MW Horse Creek and Electra wind farms in Texas, which it has backed since 2018.
Thedealwill see third-party holders sell $306.2millionofGP and LP interestsinoil and gas royalties tothe second-largest coal producer in the easternUS.