I Squared Capital partners with Twenty First Century Utilities

I Squared Capital, through its ISQ Global Infrastructure Fund II, has entered into an exclusive strategic partnership with Twenty First Century Utilities (TFC), a privately held development and asset operations firm active in the power and utilities sectors in North America, including the United States, Canada and the West Indies, the company said.

As part of the transaction, ISQ Global Infrastructure Fund II has acquired TFC´s extensive pipeline of investment opportunities that it will actively pursue in the coming period.

TFC was founded four years ago, with a mission to transform regulated electric utilities with an operating model that drives mass adoption of clean, low cost energy producing and saving technologies, while optimizing the power grid to enhance reliability, resiliency and security. The firm also develops and operates clean energy and technology projects throughout North America.

White & Case LLP and Gibson, Dunn & Crutcher LLP advised I Squared Capital and Akin Gump Strauss Hauer & Feld LLP advised TFC on this transaction.

Twenty First Century Utilities is a privately held investment firm in the North American electric power sector. The firm´s mission is to transform regulated electric utilities with an operating model that drives mass adoption of clean, low cost energy producing and saving technologies, while optimizing the power grid to enhance reliability, resiliency and security. The firm also invests in clean energy projects and clean technology companies in North America and the West Indies.

I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, telecom, transport and social infrastructure in the Americas, Europe and Asia. The firm has offices in Hong Kong, Houston, London, Miami, New Delhi, New York and Singapore.