(Source: Shutterstock.com, Orgis Energy)
Renewables company Origis Energy has secured new investment commitments totaling more than $1 billion, the company said Jan. 15.
Brookfield Asset Management is joining Origis’ investor group alongside existing investor and majority owner Antin Infrastructure Partners. The new strategic investments from the two will advance Origis’ portfolio of solar and battery storage assets and its progress as an independent power producer.
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"With two of the world's most well-respected renewable power infrastructure investors as our partners, we will accelerate our mission and strategy to provide cost-effective, carbon-free electricity to customers across the United States," Origis Energy CEO Vikas Anand said in the press release.
Origis has been an Antin portfolio company since 2021. The company operates approximately 1 gigawatt of solar and energy storage projects across four states, with 3 GW under construction. Origis’ total development pipeline would add an additional 25 GW to its portfolio.
Origis Energy was advised by PJT Partners, J.P. Morgan and Santander. Latham & Watkins served as legal adviser to Origis. Vinson & Elkins served as Brookfield's legal adviser.
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