Partners Group Acquires PowerTransitions to Boost US Renewable Energy Capacity

The latest update is out from Partners Group Holding AG ( (CH:PGHN) ).

Partners Group has announced its acquisition of PowerTransitions, a US-based utility-scale power developer, with a planned investment of over USD 450 million to drive future growth. This strategic move aims to capitalize on the rising power demand in the US by transforming legacy thermal power assets into renewable energy projects, addressing infrastructure challenges, and enhancing grid reliability. The acquisition aligns with Partners Group’s focus on co-locating renewables with existing power assets, leveraging its experience to optimize underutilized sites and meet the growing energy needs driven by data center expansion and economic electrification.

The most recent analyst rating on (CH:PGHN) stock is a Hold with a CHF1380.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

More about Partners Group Holding AG

Partners Group is a leading firm in the global private markets industry, managing over USD 150 billion in assets. The company operates across private equity, private credit, infrastructure, real estate, and royalties, with a strong presence in the Americas and its roots in Switzerland.

Average Trading Volume: 77,465

Current Market Cap: CHF28.33B

For an in-depth examination of PGHN stock, go to TipRanks’ Stock Analysis page.