ICG Acquires Majority Stake in Energy Storage Developer Ray8 Energy
The investment represents ICG APAC Infra's fourth renewables platform partnership in the region since 2023
January 23, 2026
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ICG, the global alternative asset manager, announced that its Asia-Pacific Infrastructure team has acquired a majority stake in Ray8 Energy, a Japan-based developer, owner, and operator of battery energy storage system (BESS) projects.
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