v3.26.3
Investments
 9 Months Ended
Sep. 30, 2026
Business Combination [Abstract]  
Investments
3.
Investments

Acquisitions for the nine months ended September 30, 2026

Class E Issuances

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On February 1, 2026, the Company issued to EQT Holdings AB, an indirect subsidiary of EQT AB, a total of approximately 394,158 Class E Shares, valued at $25.00 per Class E Share, in exchange for the contribution to the Company of ownership interests in Ju:niz Energy GmbH, a battery energy storage system developer and operator.
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On February 20, 2026, the Company issued to EQT Holdings AB a total of approximately 997,242 Class E Shares, valued at $25.00 per Class E Share, in exchange for the contribution to the Company of ownership interests in Constellation Cold Logistics, a provider of temperature-controlled storage infrastructure.
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On March 27, 2026, the Company issued to EQT Holdings AB and EQT Investments AB, each an indirect subsidiary of EQT AB, a total of 505,035 Class E Shares, valued at $25.81 per Class E Share, in exchange for the contribution to the Company of EQT Holdings AB's ownership interests in Waga Energy SA, a leader in renewable natural gas production.
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On March 27, 2026, the Company issued to EQT Holdings AB and EQT Investments AB a total of 542,416 Class E Shares, valued at $25.81 per Class E Share, in exchange for the contribution to the Company of EQT Investments AB's ownership interests in EdgeConneX (previously held through McNair Parent Coöperatief), a global data center provider.
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On April 27, 2026, the Company issued to EQT Holdings AB a total of 1,173,157 Class E Shares, valued at $26.94 per Class E Share, in exchange for the contribution to the Company of ownership interest in Scale Microgrids, a leading vertically integrated developer, acquirer, owner, and operator of microgrids, for an aggregate amount of $31,601.
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On May 26, 2026, the Company issued to EQT Holdings AB a total of 239,537 Class E Shares, valued at $27.46 per Class E Share, in exchange for the contribution to the Company of ownership interest in Reworld Waste, a leading sustainable waste solutions provider, for an aggregate amount of $6,578.

 

The offer and sale of the Class E Shares were exempt from the registration provisions of the Securities Act, by virtue of Section 4(a)(2) thereunder.

Cash Acquisitions

 

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On February 20, 2026, the Company purchased from EQT Holdings AB ownership interests in Scale Microgrids, a leading vertically integrated developer, acquirer, owner, and operator of microgrids, for an aggregate amount of $21,342.
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On February 20, 2026, the Company purchased from EQT Investments AB ownership interests in Seven Seas Water Group, a leading provider of sustainable water and wastewater solutions, for an aggregate amount of $30,002.
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On February 20, 2026, the Company purchased from EQT Investments AB ownership interests in Madison Energy, a developer, owner, and operator of distributed solar and energy storage projects, for an aggregate amount of $42,046.
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On February 20, 2026, the Company purchased from EQT Holdings AB ownership interests in Reworld Waste, a leading sustainable waste solutions provider, for an aggregate amount of $10,665.
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On February 23, 2026, the Company acquired ownership interests in Ju:niz Energy GmbH, a battery energy storage system developer and operator, for an aggregate amount of $1,274.
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On March 27, 2026, the Company purchased from EQT Investments AB ownership interests in EdgeConneX, a global data center provider, for an aggregate amount of $6,010.
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On April 27, 2026, the Company purchased from EQT Holdings AB ownership interests in Lumos, a leading US wireless carrier, for an aggregate amount of $20,156.
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On April 27, 2026, the Company purchased from EQT Investments AB ownership interests in Scale Microgrids, a leading vertically integrated developer, acquirer, owner, and operator of microgrids, for an aggregate amount of $22,152.
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On April 28, 2026, the Company purchased from EQT Holdings AB ownership interests in Steel River Energy Center, a leading vertically integrated renewable energy platform, for an aggregate amount of $93,614.
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On May 26, 2026, the Company purchased from EQT Holdings AB ownership interests in Reworld Waste, a leading sustainable waste solutions provider, for an aggregate amount of $19,746.
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On June 11, 2026, the Company acquired ownership interests in Kelda Holdings Limited, parent company of Yorkshire Water which provides essential water and wastewater services to approximately 5.5 million individual customers, serving over two million homes and 140 thousand businesses, for an aggregate amount of $74,234.
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On June 29, 2026, the Company purchased from EQT Investments AB ownership interests in Arium Networks, a leading builder and operator of digital infrastructure, specializing in the deployment of small cell networks that enhance essential wireless connectivity, for an aggregate amount of $50,029.
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On June 29, 2026, the Company purchased from EQT Investments AB ownership interests in EdgeConneX, a global data center provider, for an aggregate amount of $10,500.
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On June 29, 2026, the Company acquired ownership interest in EdgeConneX, a global data center provider, for an aggregate amount of $5,000.
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On July 21, 2026, the Company made an additional investment in Steel River Energy Center, a leading vertically integrated renewable energy platform, for an aggregate amount of $4,226.
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On July 27, 2026, the Company purchased from EQT Investments AB ownership interests in A-Train AB, Sweden’s flagship high-speed airport rail service connecting Stockholm Central Station and Arlanda Airport, for an aggregate amount of $23,935.
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On July 27, 2026, the Company purchased from EQT Holdings AB additional ownership interests in Reworld Waste, a leading sustainable waste solutions provider, for an aggregate amount of $26,871.
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On August 7, 2026, the Company made an additional investment in Ju:niz Energy, a battery energy storage system developer and operator, for an aggregate amount of $1,248.
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On August 28, 2026, the Company acquired ownership interests in Americold, a global leader in temperature-controlled logistics real estate and value-added cold chain services, for an aggregate amount of $25,000.
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On September 11, 2026, the Company made an additional investment in Scale Microgrids, a leading vertically integrated developer, acquirer, owner, and operator of microgrids, for an aggregate amount of $32,572.
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On September 15, 2026, the Company acquired ownership interests in Urbaser, a leading provider of essential services across the waste value chain, including waste collection, municipal and industrial waste treatment, recycling and resource recovery, for an aggregate amount of $104,689.
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On September 23, 2026, the Company acquired ownership interests in Duck Creek Solar, a solar and battery storage facility, and Soleil Solar, one of America’s largest solar-plus-energy-storage projects, for an aggregate amount of $42,394.
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On September 29, 2026, the Company made an additional investment in Steel River Energy Center, a leading vertically integrated renewable energy platform, for an aggregate amount of $8,901.