TPG Rise Climate Invests $150M in Palmetto

TPG Rise Climate Acquires Majority Stake in Aurora Energy Research

June 4, 2025

Data & Analytics

TPG Rise Climate (TPG) has agreed to acquire a majority stake in Aurora Energy Research from CGE Partners, with CGE reinvesting alongside 22C Capital and Aurora management. Aurora — an Oxford-based energy market analytics and software platform serving utilities, governments and investors — will scale its data, analytics and software capabilities globally with TPG’s climate investing resources and 22C’s operational support.

TPG Rise Climate to Acquire Olympus Terminals

May 7, 2024

Energy

TPG Rise Climate, the climate investing strategy of TPG Rise, has signed a definitive agreement to acquire Olympus Terminals, an independent renewable fuels and refined products storage provider in Southern California. The deal is intended to support TPG Rise Climate’s efforts to reduce transportation-related greenhouse gas emissions by expanding import, storage, and distribution capacity for renewable diesel in California.

TPG Rise Climate Acquires MIRATECH

September 4, 2024

Industrial Services

TPG Rise Climate, the climate investing strategy of TPG, has acquired MIRATECH Corp., a North American market leader in aftermarket emissions and noise reduction technology for stationary industrial engines. The seller was BP Energy Partners (portfolio company of BP Natural Gas Opportunity Partners II); TPG plans to leverage MIRATECH's engineering and manufacturing capabilities to expand products, end markets (including data center backup power), and geographic reach to support decarbonization efforts.

TPG to Acquire Majority Stake in Sabre Industries

March 21, 2026

Industrial Services

TPG, through its climate investing platform TPG Rise Climate, signed definitive agreements to acquire a majority stake in Sabre Industries. Blackstone Energy Transition Partners will retain a significant minority stake, and the deal is expected to close in the second quarter of 2026 subject to approvals and closing conditions.

TPG Rise Climate Acquires Majority Stake in A-Gas from KKR

August 17, 2023

Environmental Services

TPG Rise Climate, the climate investing strategy of TPG, has agreed to acquire a majority stake in A-Gas, the global refrigerant gas recovery and reclamation specialist. KKR will remain a significant minority shareholder and minority investor LDC will fully exit; the transaction is expected to close by the end of 2023 subject to customary approvals.

TPG Rise Climate and GIC to Acquire Techem for ~€6.7 Billion

October 1, 2024

Energy

TPG Rise Climate (TPG) and GIC signed an agreement to acquire Techem Group for total consideration of approximately €6.7 billion. The deal is expected to close in the first half of 2025 (subject to regulatory approvals), with Partners Group acting as the previous majority owner on behalf of its clients and co-investors CDPQ and Ontario Teachers’ Pension Plan.