9 April 2025 – I Squared Capital, a leading independent global infrastructure investor, is  proud to announce that it has been named the winner of three Infrastructure Investor Awards for 2024, reinforcing its position as a global leader in infrastructure investment. In total, I Squared has been awarded 30 Infrastructure Investor awards over the past decade. 

Our firm was named: 

• Energy Transition Investor of the Year, Asia-Pacific 
• Power & Utilities Investor of the Year, Europe 
• Transport Investor of the Year, Europe 

In addition to these wins, I Squared Capital was also recognized as a runner-up in several key categories, further underscoring our strong performance across sectors and regions:

• Personality of the Year – Sadek Wahba, Founding Partner and Chairman
• Power & Utilities Investor of the Year (Global) 
• Transport Investor of the Year (Global) 
• Deal of the Year (Arriva)  

Commenting on the awards, Sadek Wahba, Chairman and Founding Partner of I Squared Capital, said: “We are delighted to receive this recognition from Infrastructure Investor and grateful to our partners and investors who have worked with us on these transactions.” 

He continued: “These awards build on the Infrastructure Investor Awards we have been  receiving since 2015. During that time, I Squared has won fourteen deal and sector awards,  Fund Manager of the Year eight times, fundraising of the year four times, and global  personality of the year four times. These awards reflect the dedication of our global team,  the strength of our investment strategy, and our unwavering commitment to delivering  value for our investors.” 

Award-Winning Investments Transforming Infrastructure 

Energy Transition Investor of the Year, Asia-Pacific 

I Squared has invested over $7 billion in energy transition initiatives globally, with a strong  focus on APAC. Our HEXA Renewables platform has expanded significantly, winning 1.6  GWh of grid capacity in Japan, securing a PPA with Amazon, and developing 1.8 GW of  solar and wind projects across India. In Taiwan, HEXA commissioned a 193 MW floating  solar project, while in Malaysia, we partnered with UEM Group Berhad to develop a 1 GW  solar plant, supporting the country’s clean energy goals. Additionally, our THINK-AG&P  natural gas platform secured investment from Osaka Gas, Sumitomo, and JOIIC,  reinforcing our commitment to APAC’s energy transition. 

Power & Utilities Investor of the Year, Europe 

I Squared expanded its European renewables presence with the acquisition of Absolute  Energy, a 6 GW solar and energy transition pipeline in Italy, backed by a €400 million  growth strategy. In the UK, we acquired Aurora Utilities, an Independent Distribution  Network Operator (IDNO), investing $200 million to expand critical grid infrastructure  supporting EV charging, battery storage, and industrial electrification. These investments  align with Europe’s decarbonization targets and reinforce I Squared’s role in delivering  reliable, sustainable power. 

Transport Investor of the Year, Europe

In June 2024, I Squared completed the multi-billion-dollar acquisition of Arriva, a leading  European public transport operator serving 1.5 billion passengers annually across 11  countries. With a €1 billion investment plan, we are electrifying Arriva’s fleet, supporting  European emissions goals. Since the acquisition, Arriva has won long-term contracts,  including Budapest’s first zero-emission bus fleet and a 17-year Dutch transport  concession. I Squared’s investment is helping transform public transportation across  Europe, driving sustainable mobility and operational efficiency. 

About I Squared Capital 

I Squared is a leading independent global infrastructure investor managing over $40 billion  in assets. We build investment platforms from the ground up—starting small and scaling  big. Combining global insight with local expertise, we tackle complex challenges, back  smarter businesses, and invest in sustainable infrastructure that delivers essential  services to millions worldwide. Our team of 300+ is headquartered in Miami with offices in  Abu Dhabi, London, Munich, New Delhi, São Paulo, Singapore, Sydney, and Taipei. We  manage a diverse portfolio of 89 companies across 70+ countries, employing over 66,000  people in sectors including utilities, energy, digital infrastructure, transport,  environmental, and social infrastructure. Learn more at www.isquaredcapital.com. 

Disclaimers 

All listed awards were announced on March 3, 2025, for activity during the calendar year  2024. I Squared did not provide any compensation in connection with obtaining any such  awards. All infrastructure activity during 2024 was eligible for consideration, and the  awards were determined by a panel of judges employed by Infrastructure Investor. This  document does not constitute advice or a recommendation or offer to sell or a solicitation  to deal in any security or financial product. It is provided for information purposes only. Specific investments described herein do not represent all investment decisions made by  ISQ. The reader should not assume that investment decisions identified and discussed were  or will be profitable. Specific investment advice references provided herein are for  illustrative purposes only and are not necessarily representative of investments that will be  made in the future. Past performance is not indicative of future results, and there can be no  assurance that any investment will achieve similar returns.