Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Rapid growth in electrification, the transition to renewable energy and a greater desire for connectivity have made enhancing grid resiliency, capacity, and durability “critical,” said Matt White, managing director at Harris Williams, in the firm’s new 2025 outlook report. We start with a deal in that very sector, as Partners Group has agreed to invest in a German large-scale battery energy storage systems operator. We then return to our big AI theme of the week, as we hear Hg partner and head of value creation Chris Kindt’s thoughts on the UK government’s AI Opportunities Action Plan, announced earlier this week. To finish, we have a fintech deal. Investcorp has agreed to acquire an alternative payments business from Bregal Milestone. Energy enabler Partners Group has agreed to invest in Green Flexibility, a large-scale battery energy storage systems (BESS) developer and operator in Germany. For more on the deal, take a look at the full Wire coverage here. Theory to practice The UK government’s AI infrastructure push is a “welcome step,” Chris Kindt, partner and head of value creation at Hg, told PE Hub. The comments were in response to UK government plans to “turbocharge” AI development and adoption in the UK, a subject PE Hub’s Craig McGlashan delved into in Tuesday’s Europe Wire. Upgrade to the premium Wire to read Kindt's commentary. Alternative option Let’s move to fintech to finish. Investcorp has agreed to acquire Epipoli, an alternative payments business, from investment firm Bregal Milestone and Epipoli founder and CEO Gaetano Giannetto. For more on the deal, check out the full Wire coverage here. That’s all from me. Michael Schoeck will be with you later today with the US edition of the Wire and Sophie Rose will be on Europe Wire duty tomorrow. Cheers, Nina Read the full Wire commentary on PE Hub ... |