Antin to sell majority stake in Vicinity Energy for $2.9bn
· Energy · United States
Antin agreed to sell a majority stake in Vicinity Energy, a US district energy provider, to Harrison Street Asset Management for $2.9 billion. The transaction shifts control of a major district heating and cooling operator.
Why it matters：The deal shows infrastructure investors still paying up for district energy assets, which are seen as central to decarbonising urban heating.
Key points
- Buyer is Harrison Street Asset Management.
- Price is $2.9 billion.
- Vicinity Energy is a US district energy provider.
Sources (original reporting)
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