UAE- Mubasher: Mubadala has sold its indirect stake in Calisen, the UK's leading provider of smart meters and small-scale energy transition infrastructure assets, according to a press release.
The transaction marks the end of a four-year investment cycle during which Mubadala, Global Infrastructure Partners (GIP), and the infrastructure business at Goldman Sachs Alternatives worked closely with Calisen to deliver strong financial and commercial performance.
Mubadala has supported Calisen’s expansion plans to unlock new growth opportunities, including electric vehicle (EV) charging, deepening Calisen’s role in the UK's energy transition.
The company is well-positioned to capitalise on market trends underpinned by the ongoing energy transition as the UK advances in its journey to achieving net zero by 2050.
Saed Arar, our Head of Infrastructure, said: “The success of this investment comes from selecting the right partners and business to support, and implementing active management initiatives that were accretive to returns, de-risked the investment, and positioned Calisen well for an attractive exit.”
“This transaction aligns with our approach of capturing value through well-timed and strategic exits, while ensuring that Calisen is well-positioned for its next phase of growth,” Arar noted.
In 2024, Mubadala topped global sovereign investors, taking over the Saudi Public Investment Fund (PIF) with $29.20 billion deals.
