Ardian Acquires Ireland’s Energia in €2.5B Bet on AI Power Demand


Ardian Acquires Ireland’s Energia in €2.5B Bet on AI Power Demand

📅 - In a major move underscoring the convergence of energy infrastructure and artificial intelligence, French private equity firm Ardian has agreed to acquire Irish utility Energia Group from U.S.-based I Squared Capital in a deal valued at more than €2.5 billion. The acquisition marks Ardian's first investment in Ireland and signals growing investor appetite for utilities positioned to power the next generation of AI and data-driven industries.

Energia, one of Ireland's largest energy providers, serves nearly 900,000 homes and businesses across the island and accounts for roughly 17% of Ireland's total electricity supply and 20% of its wind generation. The company, originally acquired by I [...][... Check source for end of article ...]
Tags: AI

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