Antin Infrastructure Partners to Become Majority Shareholder in Origis Energy, a Leading U.S. Renewable Energy Platform

Antin Infrastructure Partners | October 18, 2021

Antin Infrastructure Partners, one of the world’s leading infrastructure investment firms, announced that funds managed by Antin have entered into a definitive agreement to acquire a majority stake in Origis Energy, a major vertically integrated renewable energy platform in the United States, from its CEO & President Guy Vanderhaegen and Global Atlantic Financial Group. The company focuses on developing, building, and operating utility-scale solar and storage assets, as well as distributed generation. Guy Vanderhaegen will continue to lead and to hold a significant stake in the company.

Founded in 2008, Origis Energy has a track record of development success across 130 solar and storage projects. Antin will support Origis Energy with additional capital and resources as it builds out its contracted pipeline, which is one of the largest in the U.S. and provides clear visibility into its growth plan over the next several years. The company will further scale its operations to deliver on longer-term development goals, continue to expand its operations and maintenance services business and further strengthen its position as a key player in energy transition.

By developing renewable energy projects, Origis Energy is at the forefront of companies contributing to decarbonisation efforts. It’s solar and storage projects offer a clean alternative to fossil fuel-reliant energy sources, thus helping customers reduce net greenhouse gas emissions and transition to a low carbon economy. The nationwide energy transition, supported by national and state level policies, continues to create strong market growth for solar and storage assets.

The transaction, carried out through its Fund IV, is Antin’s third investment in the U.S. market as Antin expands its presence in North American infrastructure following the opening of its New York office in 2019.

Kevin Genieser, Senior Partner at Antin Infrastructure Partners who led the transaction, stated: “We are excited to work with the entire Origis Energy team in this major growth chapter for the company. Origis Energy continues Antin’s decade-long track record of investing in renewable energy platforms and supporting the transition to a clean energy future. This transaction is well aligned with Antin’s own ESG objectives.”

“We are delighted to partner with Antin Infrastructure Partners to support our growth story. With its backing, we can continue to capitalise on the fast-growing U.S. renewables market, which benefits from a supportive regulatory environment and compelling technology fundamentals.”

Guy Vanderhaegen, CEO & President of Origis Energy

Anup Agarwal, Chief Investment Officer of Global Atlantic Financial Group, commented: “We are pleased to have participated in Origis Energy’s great success story, first as an investor in its solar projects and later as the company’s largest outside shareholder. Guy has built a world-class team with strong focus on delivering the highest standards of service and execution, which has positioned Origis Energy well for continued long-term success as demand for clean power supply continues to increase.”

Origis Energy was advised by Onpeak Capital (lead financial advisor) and Goldman Sachs (financial advisor) and Norton Rose Fulbright (legal advisor). Antin Infrastructure Partners was advised by Scotiabank and Wells Fargo Securities (financial advisor) and Latham & Watkins (legal advisor).

Closing is expected in late 2021 following the receipt of customary regulatory approvals.

About Antin Infrastructure Partners:
Antin Infrastructure Partners is a leading independent private equity firm focused on infrastructure investments. Based in Paris, London and New York, and majority owned by its partners, the firm employs over 150 professionals. Antin targets majority stakes in infrastructure businesses in the energy and environment, telecom, transport and social infrastructure sectors. Antin has €19.9 billion in assets under management and has made investments in 28 companies since its founding. Antin is listed on compartment A of the regulated market of Euronext Paris.

About Origis Energy:
Origis Energy is a leading renewable energy platform in the United States with a growing pipeline of solar and storage projects. Headquartered in Miami, with regional offices in Austin and San Diego, Origis has 105 employees across its development, engineering/procurement/ construction, operations and maintenance, financing and accounting teams. The company was founded in 2008 and is led by CEO & President Guy Vanderhaegen. Origis currently operates 2 GW of solar and storage capacity and has a significant project pipeline with 20 GW of capacity.



Related News


OCI Solar Power Works as EPC to Upgrade Its Alamo 2 Solar Farm

OCI Solar Power | March 10, 2023

OCI Solar Power, a utility-scale solar developer, declared that it recently worked as the EPC to upgrade its Alamo 2 solar farm. This upgrade would enhance its performance and reliability. It has maintained a solar farm for over eight years and has about 4.4 MWac solar energy projects on 45 acres of land which started operating in March 2014. It has strived for a solution to every mechanical failure and observed the working of advanced tracker technology. In addition, it supervised a second months-long upgrade, during which it performed the scope of EPC. It completed a renovation to its 39.2 MWac Alamo 1 solar facility in 2019 and a 6-month upgrade at Alamo 2 in 2022. These upgrades in projects at Alamo 1 and Alamo 2 happened in sections so that the solar farm remains partially energized. These adjustments ensured power supply to CPS Energy, a power, natural gas, and electric company in the public sector. Construction Manager at OCI Solar Power, Jason Thompson said, "We found ourselves repairing trackers and then fixing them again days later because of mechanical issues. It was very similar to what our Alamo 1 solar farm located south of San Antonio was experiencing a few years ago. Now both solar farms have state-of-the-art trackers from Array Technologies, Inc. and increased production." (Source – Cision PR Newswire) President & CEO at OCI Solar Power, Charles Kim said, "Enhancing Alamo 2 is another example of our commitment to our customers and the solar industry." He added, "We are consistently working to ensure that the solar farms we own and operate are performing near or at capacity so electric customers receive clean energy. The construction project was also a way for us reiterate the importance of investing in a clean, reliable, sustainable fuel source." (Source – Cision PR Newswire) About OCI Solar Power Headquartered in San Antonio, Texas, OCI Solar Power, a solar energy company, has been innovating and developing utility-scale solar power plants in the United States since 2011. It constructs, develops, operates and owns photovoltaic projects for sustainable green energy generation. It is creating job opportunities and energy independence. It has brought utility scaled solar projects to Texas. Among the solar plants installed in the ERCOT market, over 450 MW are from OCI Solar Power. Its three projects are 100% compliant with Buy American Act. Its Alamo 6 is a dual-axis solar farm in the US. Its parent company, OCI Company Ltd, manufactures polysilicon, a raw material for solar cells.

Read More


ESS Partners with Coldwell Solar to Power California Wineries with Clean Energy

businesswire | April 13, 2023

ESS Tech, Inc. a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, today announced that it will deliver three Energy Warehouse systems to Coldwell Solar, a major developer and builder of renewable energy projects for California’s commercial, agricultural and utility sectors. The systems will be installed in a solar + storage microgrid at Roederer Estate, Scharffenberger Cellars and Domaine Anderson, California wineries in Mendocino County known for their sparkling and still wines. Coldwell Solar worked with the wineries to design a system that met their needs and the microgrid is expected to be operational in late 2023. “The wineries needed an energy storage solution that could withstand the elements and operate safely in a wildfire-prone region. With its inherent safety and low carbon footprint, ESS technology was the only option that meets the energy resilience and sustainability needs of our customer. We look forward to partnering with ESS on future projects to accelerate clean energy deployments in the state,” said Sean Hood, COO of Coldwell Solar. The ESS solution will safeguard Roederer Estate, Scharffenberger Cellars and Domaine Anderson against the impacts of Public Safety Power Shutoff (PSPS) events and other grid interruptions to ensure resilient winery operations 24/7, demonstrating the key role that energy storage can play in rural agricultural applications and supporting the operations of a major employer in the region. In addition, the winery will avoid significant demand charges and realize energy savings by utilizing ESS technology to reduce grid electricity use during peak periods. The ability to reduce grid demand during late afternoon and evening periods will also support the stability of the local grid. “Our safe and sustainable long-duration energy storage systems are ideally suited to a wide variety of commercial and industrial applications. We’re pleased to support these wineries’ commitment to sustainability while providing the energy security needed to continue delivering economic benefits to the Mendocino region,” said Hugh McDermott, SVP of business development for ESS. ESS’ long-duration energy storage technology is safe and non-toxic, making it ideal for wildfire prone regions. The company’s battery modules have been certified to the UL 9540A and UL 1973 standards, affirming ESS modules’ quality, resilience and ability to operate safely. ESS iron flow technology provides cost-effective long-duration energy storage and is ideal for applications that require up to 12 hours of flexible energy capacity. ESS technology is safe, non-toxic and has a 25-year design life without capacity fade. About ESS Tech Inc At ESS our mission is to accelerate global decarbonization by providing safe, sustainable, long-duration energy storage that powers people, communities and businesses with clean, renewable energy anytime and anywhere it’s needed. As more renewable energy is added to the grid, long-duration energy storage is essential to providing the reliability and resiliency we need when the sun is not shining, and the wind is not blowing.

Read More


Aurora Solar Announces Expansion of Operations in Germany to Accelerate Solar Adoption

businesswire | June 02, 2023

Aurora Solar, the leading cloud-based platform for solar sales and design, announced its expansion into Germany to empower solar organizations to streamline operations and accelerate growth. Aurora sees significant opportunity to support the growing number of German solar installers who are in need of digital solutions and automation. The company incorporated in Frankfurt with dedicated Sales, Marketing, Customer Support teams to establish and scale operations in Germany and the DACH region. Powering upwards of 100,000 solar projects every week, top U.S. solar organizations — including 90 percent of the top 100 U.S. residential solar installers — count on Aurora to accelerate solar sales cycles using the power of technology and automation. “Aurora enables solar businesses to create highly accurate residential solar designs without having to visit the site, ultimately accelerating the sales process and empowering installers to scale operations. With demand for solar growing in Europe, we are confident our German expansion will help further our mission to create a future of solar for all,” said Christopher Hopper, co-founder and CEO. “This launch is incredibly exciting for our team; our platform will help advance the adoption of renewable energy in Germany.” Expanding Market Leadership to Europe Building on an already strong foundation, Aurora Solar is proud to: Support over 7,000 of the solar industry's most successful organizations to help tackle climate change; Leverage its powerful software alongside its customers to avoid over 60 million tons of CO2 since inception; and, Be recognized on the 2022 Deloitte Fast 500 as well as the 2022 Forbes AI 50, and listed as one of the 2022 Best Remote Companies to Work For by Built In. About Aurora Solar Headquartered in San Francisco, California, Aurora Solar, a software development company dedicated to the solar energy industry, provides services for solar PV design, cloud computing, enterprise SaaS, solar sales, solar design customizations, solar PV performance modeling, solar software, solar engineering, solar financial analysis, and solar project design automation. Its cloud-based software has transformed solar design, sales and delivery operations since 2013. It offers an entirely accurate customizable design for every customer, with only an address and electric bill requirement. With its dedication and innovation, it is making solar energy accessible to everyone worldwide.

Read More