London, UK–(Newsfile Corp. – November 17, 2022) – Altair Holding, a private equity and alternative investments fund, has reached an agreement with UK-based company MediaLED to access its funds and gain a stake in the company for international energy infrastructure projects.
The deal will see MediaLED participate in large-scale energy projects and provide cash to work closely with leading electrotechnical equipment manufacturers.
Altair Holding will benefit from MediaLED’s engineering expertise in the automation of electrical power distribution systems and distribution agreements to participate in international key infrastructure projects and energy initiatives.
Altair Holding chief investment officer Brian Hodge said the company wanted to strengthen its proposition in the face of the challenges of a new market environment and expand its portfolio in the energy sector.
“Bringing MediaLED’s extensive engineering expertise to power and energy distribution projects allows our company to benefit from exposure to large-scale financing deals and infrastructure initiatives at around the world,” he said.
“We invest in high quality businesses and other assets across Europe, the Americas and Asia with stable business performance over time, financial strength and competitive market position. MediaLED meets these criteria perfectly,” he added.
Matthew James Mcbean, Director of MediaLED: “The breadth of investment expertise available at Altair Holding exceeds anything available in the energy project management market and the company has a proven track record of cost reduction investment, helping to improve returns for investors.”
“Power projects are capital intensive and require a cohesive and cohesive financing strategy to ensure timely and complete delivery of critical equipment and systems. By combining deep industry knowledge, financial resources and high quality products quality, MediaLED and Altair Holding will form a lasting partnership for large-scale energy projects,” said Matthew James Mcbean.
About Altaïr Holding
Altair Holding is a Luxembourg-based private equity and alternative investments fund that invests in a broadly diversified portfolio of established and developing companies and profit-generating assets around the world.
The firm provides cost-effective advice, covering all aspects of fund management, including fund administration, legal structure, beneficial and equitable ownership, negotiating legal and commercial terms, advising clients on leverage and bridge financing, as well as managed account and co-investment schemes.
About MediaLED Ltd
MediaLED Ltd was founded in 2003 and has earned its reputation through its innovations in the field of LED development and energy projects.
MediaLED brings together a team of experienced and talented engineers with a proven track record in ambitious and complex projects in the field of automation of electrical power distribution systems and distribution agreements. The company provides power equipment including circuit breakers, safety relays, controls, disconnectors, drives, switchboard systems, 420/15.75 kV power transformers, diesel generator sets and other components.
The company has established itself as a reliable partner for network operators, government organizations, financial institutions and developers thanks to its expertise, quality of service and ability to develop and supply customized equipment exactly when required. necessary.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/144290