EQT Infrastructure VI Achieves Final Close Raising EUR 21.5 Billion in Total Commitments

EQT Infrastructure VI Successfully Closes at Hard Cap: Raising EUR 21.5 Billion

EQT Global is thrilled to announce the final closing of its flagship fund, EQT Infrastructure VI, accumulating an impressive total of EUR 21.5 billion in commitments. This figure includes EUR 21.3 billion from fee-generating assets under management, successfully exceeding the EUR 20 billion target set for this fundraising initiative. Remarkably, this amount represents a 35% increase compared to the previous fund, EQT Infrastructure V, which closed at EUR 15.7 billion in November 2021.

Broad Investor Base and Global Reach

The fundraising attracted a diverse range of institutional investors globally, including pension funds, sovereign wealth funds, and insurance companies. There was a notable increase in commitments from the private wealth segment compared to EQT Infrastructure V. Investors representing regions across Europe, Asia, North America, the Middle East, and the Nordics contributed to this substantial fund.

Masoud Homayoun, Head of Infrastructure at EQT, highlighted, "EQT Infrastructure VI has had a great start with 12 highly thematic investments closed or signed. Our sector teams are continuing to deliver on a healthy investment pipeline and we are excited by the large opportunity set underpinned by global, long-term trends such as the transition to a decarbonized and circular economy and the digitalization of society."

Focus on Essential Services

EQT Infrastructure VI specifically targets investments in essential service providers that are essential to societal functioning. This includes firms that demonstrate stable or growing demand, predictable cash flows, as well as those with contracted and well-protected business models. Key investment themes focus on digital infrastructure, energy generation and distribution, decarbonization efforts, resource efficiency, and social infrastructure.

EQT's initiative aims to create lasting value within its portfolio while delivering top-notch performance for its clients. As Lennart Blecher, Head of Real Assets at EQT notes, "Since its inception in 2008, EQT Infrastructure has grown at pace and today, we have a 130-strong team and three investment strategies; Value-Add, Active Core, and the newly launched Transition Infrastructure strategy."

Active Management and Expertise

The EQT Value-Add Infrastructure strategy employs an industrial approach focused on fostering value creation in mature infrastructure organizations. The strategy partners with high-quality companies that demonstrate significant growth potential, offering hands-on management support and bringing substantial operational expertise in digitalization, AI, and sustainability practices.

In its operations, EQT Infrastructure VI continues to demonstrate commitment, being 45-50% committed based on the current fund size, which includes closed investments, public offers, and upcoming syndications. To date, the Fund has successfully closed ten investments in notable companies, including Constellation Cold Logistics, OX2, and several partnerships in the Asia Pacific region, US, and Europe.

EQT Infrastructure is also exploring exclusive negotiations to acquire a majority stake in Eutelsat Group's ground station infrastructure in Europe, along with a joint venture with T-Mobile for acquiring Lumos in the United States.

As the landscape of global investment continues to evolve, EQT Infrastructure VI stands poised as a pioneering force, underpinned by strategic foresight and an unwavering dedication to fostering sustainable growth in infrastructure.

As EQT looks towards the future, they remain focused on leveraging their extensive experience and expertise to navigate the challenges and opportunities present in the infrastructure investment space, aiming to deliver lasting value to their investors and the markets they serve.