Origis Energy Secures $1+ Billion Strategic Investment from Brookfield and Antin

Origis Energy, one of America’s leading renewable energy platforms, announced a new strategic investment from Brookfield Asset Management Ltd. alongside new commitments from existing sponsor, Antin Infrastructure Partners, which could exceed $1 billion in the aggregate.

Brookfield is investing through its Infrastructure Structured Solutions strategy, alongside affiliated entities. This additional capital and support from an established player will accelerate Origis Energy’s progress as an independent power producer and advance its portfolio of solar and battery storage assets at a time of unprecedented demand for clean electricity from its customers.

An Antin portfolio company since 2021, Origis Energy develops, builds and operates large-scale renewable energy projects in the United States, a market that benefits from significant tailwinds. Today, the company operates an approximately one gigawatt (1 GW) solar and storage project portfolio across four states with an additional 3 GW of in-construction or construction-ready projects and a further 25 GW total development pipeline. S&P recently ranked Origis fifth on its 2024 list of the largest solar developers in the U.S. through 2028.i 

Vikas Anand, Chief Executive Officer of Origis Energy, said: “We are excited to welcome Brookfield as a new significant investor and are grateful for Antin’s continued leadership. With two of the world’s most well-respected renewable power infrastructure investors as our partners, we will accelerate our mission and strategy to provide cost-effective, carbon-free electricity to customers across the United States.”

Hamish Kidd, Managing Director in Brookfield’s Infrastructure business, commented: “We are thrilled with this new partnership with Origis Energy. As one of the world’s largest investors in renewable energy, we look forward to utilizing our relationships and capital to scale-up the platform and meet the U.S.’s growing demand for clean power.”

Guillaume Friedel, Partner of Antin, added: “Our continued support for the Origis Energy platform is a testament to the strength of its management team, strong customer relationships and high-quality project portfolio. We are excited to embark on the next chapter of Origis’ growth and evolution and we are pleased to welcome Brookfield into the investor group.”

Origis Energy was advised by PJT Partners, J.P. Morgan, and Santander with Latham & Watkins serving as legal advisors. Vinson & Elkins served as Brookfield’s legal advisor.

Origis Energy | www.origisenergy.com

Antin Infrastructure Partners | https://www.antin-ip.com/

Brookfield Asset Management | https://bam.brookfield.com/