Antin plans to sell Idex, valued up to €4 bn, by 2026
Antin Infrastructure Partners is preparing to sell Idex in early 2026, with four North American funds competing for a strategic asset in the European district heating market.
| Sector | Réseaux chaleur, Réseau chaleur |
|---|---|
| Theme | Investissements & Transactions, Développement de projets, Financement |
Asset manager Antin Infrastructure Partners plans to divest its majority stake in Idex in early 2026, in a deal that could value the company between €3 bn and €4 bn, equivalent to $3.27bn to $4.36bn. The asset has attracted interest from J.P. Morgan Asset Management, Blackstone, TPG Capital, and Canada Pension Plan Investment Board (CPPIB), due to its direct exposure to low-carbon urban heating and its positioning in a regulated, cash flow-stable sector.
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