Partners Group to Acquire Majority Stake in AVK for Data Center Power Solutions

Partners Group, a leading firm in private markets, has announced its acquisition of a majority stake in AVK Power Solutions. AVK, a key provider of power solutions for data centers and AI infrastructure in Europe, is gearing up to meet the growing demand driven by cloud and AI factors. The investment, exceeding USD 1 billion, is backed by debt financing aimed at accelerating AVK's growth.

Headquartered in the UK, AVK specializes in back-up power generators and hybrid solutions running on biogas, biofuel, and hydrogen. Operating in major European markets, it has installed approximately 3.5 GW of power. The company plans to offer long-term Energy-as-a-Service through microgrids and already has a pipeline for over 2 GW of power opportunities.

Partners Group aims to transform AVK into a long-term infrastructure platform, leveraging its expertise in decentralized energy to address European data centers' grid congestion bottlenecks.