Copia Power acquired by EQT PARTNERS

EQT Infrastructure VII signs a definitive agreement to acquire the integrated energy platform Copia Power from its historical financial sponsor Carlyle. Formally announced in July 2026, this secondary buyout represents a significant liquidity event for the exiting private equity group, which initially incubated and scaled the customized energy platform through its dedicated infrastructure division, overseen by Chief Investment Officer Pooja Goyal and Managing Director David Gluck. For the acquiring institutional sponsor, which is currently targeting a massive €21 billion capital raise for this seventh-generation flagship infrastructure vehicle, the equity deployment will account for an initial 0 to 5 percent of the fund's total invested capital upon its expected activation around year-end 2026. The strategic thesis driving the acquisition centers on capturing the unprecedented trillions of dollars in projected infrastructure investments required to support artificial intelligence expansion globally. The buyer aims to position the acquired business as a centralized bridge between digital infrastructure and the strained power grid, unlocking essential electricity supply for compute-intensive applications. By transitioning the asset into its specialized portfolio, the incoming shareholder plans to inject fresh capital to accelerate priority campus development projects and aggressively expand the integrated data and power model across new domestic markets. This cross-border corporate transaction successfully transitions the asset between two top-tier financial sponsors, capitalizing on a generational investment opportunity at the critical intersection of energy security and digital infrastructure. Subject to customary regulatory clearances and standard antitrust approvals, the formal closing of the share purchase is officially scheduled for the end of the 2026 calendar year.