October 2, 2023

Partners Group to invest up to $1.05bn in Exus

Investment raised

USD 1.05 bn

Valuation

Region

🏆 Deal of the Week · CW 40/2023

Exus raised USD 1.05 billion in a Private Equity round; the valuation was not disclosed. The round was led by Partners Group, a global private markets firm. The transaction was recognised as Venionaire DealMatrix Deal of the Week for KW 40/2023.

Exus — key deal facts

Company Exus
Founded 2015
Headquarters Madrid, Spain
Amount raised USD 1.05 bn
Valuation Valuation Remains Undisclosed
Round Private Equity
Investors Partners Group (https://www.partnersgroup.com/en/)
Sectors Asset Management

Who invested in Exus?

Partners Group is the sole disclosed investor in this round. The backing is notable for bringing a large-scale institutional private markets manager into a specialist renewables asset management platform, signalling continued institutional appetite for infrastructure-adjacent investment management businesses in Europe.

What does Exus do?

Exus, formally known as Exus Management Partners, is an independent investment and asset management firm focused on renewable energy. The company provides origination, project development, and full asset management services for wind, solar, and battery storage portfolios, as well as a secondary marketplace for trading renewable energy securities. Exus was founded in 2015 and is headquartered in Madrid, Spain.

Exus valuation & multiples

No verified EV/Sales or EV/EBITDA multiples are available for this transaction, as the valuation was not disclosed. Comparable transaction multiples for asset management businesses operating in the renewables infrastructure segment can serve as a useful benchmark for deal sizing. Explore Venionaire DealMatrix's Asset Management sector multiples pages for relevant peer-group ranges.

Frequently asked questions

How much did Exus raise in its Private Equity round?

Exus raised USD 1.05 billion in a Private Equity round, announced in KW 40/2023.

What is Exus's valuation?

Exus's valuation was not disclosed in connection with this Private Equity round.

Who invested in Exus?

Partners Group led and is the sole disclosed investor in Exus's Private Equity round.

When was Exus founded and where is it based?

Exus was founded in 2015 and is headquartered in Madrid, Spain.

Source: original announcement — read the full report.

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