U.S. alternative investment firm HIG Capital has acquired a controlling stake in Greenflash Infrastructure LP, a Houston-based company focused on developing, financing, owning, and operating grid-scale energy storage, power generation, and controllable load projects.
Greenflash serves utilities, municipal cooperatives, and other load-serving entities in supply-constrained areas.
Josh Prueher, managing partner at Greenflash, expressed optimism about the partnership, stating, “We are delighted to partner with HIG to capitalize on our extensive pipeline of projects. HIG's support will enable us to pursue — and accelerate — a wide range of brownfield and greenfield opportunities.”
HIG Capital, founded in 1993 and based in Miami, manages approximately USD 65 billion (EUR 58.0 billion) in capital.
The firm has invested in and managed over 400 companies globally, underscoring its extensive experience in the investment landscape.
