Brookfield and Antin Invest Over $1 Billion in Origis Energy's Growth

Major Investment in Renewable Energy

In a significant move for the renewable energy sector, Origis Energy has announced a strategic investment exceeding $1 billion from Brookfield Asset Management and continued support from Antin Infrastructure Partners. This investment is poised to bolster Origis Energy's ambitions as a leading independent power producer, particularly within the growing solar and battery storage sectors across the United States.

Origis Energy, headquartered in Miami, Florida, has established itself as a frontrunner in developing large-scale renewable projects. Currently, the company operates a diverse portfolio encompassing approximately one gigawatt (1 GW) of solar and storage power across four states. With additional projects totaling 3 GW in construction or ready to be built, and an impressive 25 GW pipeline in total development, Origis Energy is well-positioned to capitalize on the surging demand for clean electricity.

CEO Vikas Anand expressed enthusiasm for the partnership with Brookfield, emphasizing that this collaboration, together with Antin's ongoing guidance, will enable Origis to accelerate its mission of providing affordable, carbon-free energy to customers throughout the U.S. Anand stated, "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 expedite our strategy to provide cost-effective, carbon-free electricity to customers across the United States.”

Brookfield's investment strategy focuses on infrastructure and renewable power, making them a critical player in the energy transition landscape. Hamish Kidd, managing director of Brookfield's infrastructure business, commented on the firm’s commitment to scaling Origis Energy's operations in response to increasing market demands. He noted, "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 need for clean power."

Antin Infrastructure Partners, which has been a majority owner of Origis Energy since 2021, expressed confidence in the management team and the quality of their project portfolio. Guillaume Friedel, partner at Antin, remarked, "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."

This partnership signals a robust commitment to renewable energy solutions, with Origis Energy set to enhance its infrastructure for solar power and storage. The investment which unites Brookfield and Antin underscores a shared vision of achieving a carbon-free future while meeting the escalating demand for sustainable energy solutions in the U.S.

Founded in 2008, Origis Energy focuses on expanding its impact in the renewable energy sector by emphasizing customer-centric solutions and innovative technologies. The firm is advancing the deployment of a variety of sustainable solutions for grid power generation, energy storage, and clean hydrogen production across many regions in the U.S.

As momentum builds in the renewable energy domain, partnerships like this one not only provide essential capital but also leverage strategic expertise from prominent investors dedicated to facilitating a successful transition to a sustainable energy future. With this substantial financial backing, Origis Energy is gearing up to further its mission in transforming America’s energy landscape, aiming for a greener and more efficient future for power generation.