Carlyle launches new energy platform focused on sustainable infrastructure

Carlyle launches new energy platform focused on sustainable infrastructure

Banking & Financial Services
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David M. Rubenstein, Co-Founder and Co-Chairman of the Board | The Carlyle Group

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Global investment firm Carlyle has announced the launch of Revera Energy, an independent energy infrastructure solutions platform. Revera focuses on developing, building, owning, and operating energy infrastructure projects in Australia and the UK. The platform emphasizes battery storage, renewable power, and green hydrogen to provide sustainable energy solutions.

Revera's current portfolio includes projects acquired from Amp Energy in Australia and the UK. It benefits from partnerships with financing entities such as Nomura Infrastructure & Power, Commonwealth Bank of Australia (CBA), Westpac Institutional Bank (Westpac), Natixis CIB, and Export Development Canada (EDC).

In Australia, Revera is constructing a 250MW / 700MWh battery storage project in South Australia and advancing a pipeline exceeding 750MW of battery storage, 2.3GW of solar, and 1.4GW of wind projects across the National Energy Market. Additionally, it is managing solar farms in New South Wales.

In the UK, Revera is working on over 1.2GW of late-stage battery storage projects aimed at enhancing grid resiliency and supporting decarbonization goals.

Richard Hoskins, Chairman of Revera Energy and Managing Director in Carlyle’s Infrastructure Group stated: “We are excited about the launch of Revera Energy... We plan to leverage the expertise and resources of Carlyle’s global infrastructure platform to help accelerate Revera’s growth.”

Vinod Mukani from Nomura added: "Nomura is proud to partner with the Revera Energy team... delivering risk-adjusted returns for all stakeholders."

Alain Halimi from Nomura also expressed support for Revera's initiatives: “We are excited to support Revera Energy... which will support grid resiliency and energy transition goals across multiple jurisdictions.”

Carlyle Global Infrastructure manages over $7.6 billion globally across major infrastructure sectors including investments like Copia Power in the US.

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