Antin to sell majority stake in Vicinity Energy for $2.9bn
· Climate · United States
Infrastructure investor Antin has agreed to sell a majority stake in Vicinity Energy, a US district energy provider, to Harrison Street Asset Management for $2.9 billion. The deal shifts ownership of a major low-carbon district heating and cooling platform.
Why it matters：District energy is central to decarbonizing urban heating, so the sale indicates how infrastructure capital is being recycled into low-carbon thermal networks as cities seek to cut emissions.
Key points
- Buyer is Harrison Street Asset Management.
- Vicinity Energy is a US district energy provider.
- Transaction value is $2.9 billion.
Sources (original reporting)
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