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Apr 6, 2021ACQUISITIONRochester, New York, United States

SEIT acquires RED-Rochester district energy system for $177M

SDCL Efficiency Income Trust (SEIT) acquired 100% equity interest in RED-Rochester, a commercial district energy system, from Stonepeak Infrastructure Partners for $177 million. RED has 117MW steam turbine generators and provides on-site services to commercial customers in Eastman Business Park, Rochester, NY.

Value

$177.0M

Status

Completed

Productsdistrict energy systemsteam turbine generatorsboilerschillers

CompaniesSDCL Efficiency Income Trust acquirer RED-Rochester target Stonepeak Infrastructure Partners partner

Sectors#Power Generation Equipment #HVAC and Industrial Refrigeration

“Acquisition of 100% equity interest in commercial district energy system, RED-Rochester from Stonepeak Infrastructure Partners for $177m.”seitplc.com

1 source
seitplc.comNumis: SEIT aquiring RED Rochester for $177M | SEITMatt KingApr 6, 2021

Summarized from public sources; check the original articles before acting on it.

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