STAR Capital to acquire Subsea Technology & Rentals
10 December 2024
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STAR Capital Partners (‘STAR’) announces the sale of its shareholding in GWE Gesellschaft für wirtschaftliche Energieversorgung mbH (‘GWE’), a leading independent energy services provider in Germany, to Macquarie European Infrastructure Fund 2. Established in 1994, GWE provides energy supply solutions, for the supply of electricity, heating and cooling for bulk consumers such as industrial organisations and hospitals.
The sale is another successful realisation from the STAR 1 portfolio which focuses on investing in and developing capital intensive and asset based investment opportunities.
GWE has been owned by STAR, management and other minority investors since 2004. Under STAR's ownership, GWE has developed into the leading independent CHP business in Germany.
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15th Floor, 33 Cavendish Square
London W1G 0PW
United Kingdom
Tel: +44 (0)20 7016 8500
e-mail: mail@star-capital.com
Important Notice: we have become aware that an organisation with a similar name has been targeting individuals in the UK through unsolicited calls to make cryptocurrency investments. Our firm, STAR Capital Partnership LLP, does not engage in this type of activity. Please see here for information on how to protect yourself from financial fraud and, if you have fallen victim to it, please report it to the UK Financial Conduct Authority by telephone or email: https://www.fca.org.uk/consumers/protect-yourself-scams.