Carlyle is backing the launch of renewables platform Revera Energy, by contributing projects it carved out and acquired from Amp Energy in Australia and the UK.
In Australia, Carlyle’s global infrastructure arm has folded the first stage of the 250MW Bungama battery project in South Australia, the 1GW Hardy Green Hydrogen Project and 23GW of solar, 1.4GW of wind with 750MW of battery storage in the pipeline. In the UK, Revera has more than 1.2GWs of late-stage battery projects.
Revera also counts Nomura Infrastructure & Power, the Commonwealth Bank of Australia, Westpac Institutional Bank, Natixis CIB and Export Development Canada, among its funding partners.
Richard Hoskins, chairman of Revera Energy and Carlyle’s Infrastructure Group’s managing director, said the launch of Revera Energy marked a new growth phase for the platform.
“We plan to leverage the expertise and resources of Carlyle’s global infrastructure platform to help accelerate Revera’s growth and to expand its portfolio of diversified energy projects,” he said.
Vinod Mukani, global head of Nomura’s Infrastructure & Power Business, said Nomura had brought its restructuring expertise to support the growth of Revera global platform while delivering risk-adjusted returns for all stakeholders
“Nomura remains dedicated to providing bespoke capital solutions for high-quality assets and world-class partners like the Revera team.”
Alain Halimi, managing director, Nomura IPB, said: “We are excited to support Revera Energy, as it brings together innovative energy solutions under Carlyle’s ownership.
“Revera has been very successful in developing a diverse development pipeline, which will support grid resiliency and energy transition goals across multiple jurisdictions.”
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