Intermediate Capital Group set to buy renewables developer

13 September 2020 - 12:00 am UTC

FTSE 100-listed Intermediate Capital Group is set to invest EUR 100m of equity in an international renewables developer as it closes in on two other infrastructure deals, two sources close said.

ICG’s unlisted ICG Infrastructure Equity Fund I will take a just under a 50% stake in Marseille-headquartered Cap Vert Energie (CVE), which develops, finances, builds and operates solar, biogas and mini-hydropower assets in France, Chile, and the US, the sources said.   Read More