PE Deals

Carlyle launches renewables platform Telis Energy

Adrien Pinsard, an industry veteran with more than 16 years of experience managing and building renewable energy businesses across Europe, will lead Telis.

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  • Telis will develop and partner on renewable energy projects, with a target project pipeline of more than 10GW in place by 2030
  • Telis will focus on solar power in the UK, France, Spain, and Germany, with a view to expand to other markets in Europe
  • Carlyle launched Copia Power, a large-scale renewable development platform in the US in 2021

Carlyle on Tuesday announced the launch of Telis Energy, a platform to develop renewable energy projects with a focus on solar in the UK, France, Spain and Germany and a view to expand to other markets in Europe.

London-based Telis will develop and partner on renewable energy projects and seek to play a “significant” role in the European energy transition, Carlyle said. The platform has a target project pipeline of more than 10GW in place by 2030.

Carlyle said that as of end of the end of September, it had deployed approximately $1.2 billion globally into renewable assets since 2018. In 2021, Carlyle launched Copia Power, a renewable development platform in the US, which will start construction on more than 1GW of projects in 2023. The platform has accumulated a pipeline of more than 16GW under development.

“The launch of Telis demonstrates Carlyle’s confidence in Europe’s renewables sector and the significant role it will play in our broader infrastructure strategy,” said Pooja Goyal, chief investment officer of Carlyle’s Infrastructure Group. “Leveraging Carlyle’s experience, we believe Telis is well positioned to capture emerging opportunities in solar and other renewables segments across European markets, benefitting from increased buyer demand for scalable and well-supported development platforms.”