September 2022.
Palisade has opened an office in New York, to enable it to pursue extensive opportunities in North American mid-market infrastructure. This follows the recent announcement by Palisade Real Assets of the acquisition of Eco2 Management Services, a UK-based renewable energy asset management and development company.
Palisade’s US business will leverage its extensive track record of successful investment in Australia & New Zealand and initially focus on the energy transition, digitisation and transport infrastructure sectors. It will employ a partnership-focused approach with a long-term investment horizon.
Mike Reynolds (Managing Director, Americas) has transferred from Sydney to lead the office, together with Jonathan Yeung (Investment Manager). The team will be built out through local hires over time. The firm will trade as “Palisade Infrastructure” in the North American market.
The United States has the most ambitious target for CO2 emissions reduction in the OECD in absolute terms, driving an enormous need for capital investment into renewables, storage and other infrastructure. Historical underinvestment in digital infrastructure relative to future anticipated data demand also provides a sizeable investment opportunity. The investment needed to support the US transport sector up to 2040 exceeds even the energy sector, according to the Global Infrastructure Outlook.
Palisade Infrastructure looks forward to contributing capital and expertise to support infrastructure development in these areas in North America.
For further information please contact:
Mike Reynolds
Palisade Infrastructure
Managing Director, Americas
+1 914 886 7452
mike.reynolds@palisadeinfrastructure.com
https://palisadeinfrastructure.com/
Roger Lloyd
Palisade Investment Partners Limited
CEO
+61 411 045 933
roger.lloyd@palisadepartners.com.au
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