October 5, 2026
I Squared Capital Strengthens European Energy Transition Team with Appointment of Radu Gruescu as Managing Director
I Squared Capital (“I Squared”), a leading independent global infrastructure investment manager, today announced the appointment of Radu Gruescu as Managing Director in its Energy Transition team. Based in London, Radu will focus on originating, executing, and managing energy transition investments across Europe.
Radu brings more than two decades of experience investing in European energy and infrastructure. He joins I Squared from Copenhagen Infrastructure Partners, where he led investments across onshore wind, solar PV, battery storage, and transmission in European markets.
His appointment comes as the energy transition enters a new phase. We view that increasing renewable penetration is driving investment needs across the wider power system, while growing electricity demand from industrial activity, digitalization, and electrification is creating further requirements for generation, grid capacity, and flexibility. Together, we believe that these dynamics are creating opportunities across the energy transition value chain, particularly in the infrastructure required to connect, balance, and support an increasingly electrified energy system.
Mohamed El Gazzar, Senior Partner at I Squared Capital, said: “We are delighted to welcome Radu to I Squared at an important point in the evolution of the energy transition. As power systems become more complex, we see a growing need for investment not only in renewable generation, but also in the grids, storage, and other critical infrastructure that enable it. Radu’s deep investment experience across these areas will further strengthen our ability to identify and execute attractive opportunities across the energy transition value chain in Europe.”
I Squared has an established track record in energy transition infrastructure, having deployed more than $7.4 billion across 35 energy transition investments since the firm’s inception. Its dedicated Energy Transition strategy builds on this experience and I Squared’s broader infrastructure capabilities, investing across the energy transition value chain, including power generation and distributed energy, transmission, distribution and storage, as well as electrification and energy efficiency.
The Energy Transition’s portfolio includes Absolute Energy, an established Italian renewable energy developer; Aurora Utilities, a UK Independent Distribution Network Operator focused on acquiring and operating last-mile electricity connections; and Oriden, an established U.S. renewable energy developer. Together, these investments reflect the Energy Transition’s strategy of investing in essential infrastructure supporting the transition to a lower-carbon energy system.
About I Squared Capital
I Squared Capital is a leading independent global infrastructure investor dedicated to the mid-market, managing $60 billion in assets. Founded in 2012, I Squared has evolved into one of the most diverse infrastructure investors in the world, with investments across power & utilities; transportation & logistics; digital infrastructure; environmental infrastructure; and social infrastructure, providing essential services to millions of people worldwide. Today, the portfolio includes over 100 companies operating in more than 70 countries. Headquartered in Miami, the firm has offices in Abu Dhabi, London, Munich, New Delhi, São Paulo, Singapore, Sydney and Taipei. Learn more at www.isquaredcapital.com.
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I Squared Capital
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info@isquaredcapital.com
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