TPG Rise Climate to Acquire AmSpec to Enhance Capabilities in Renewable Energy Market.

MANews-(C)2009-2023

TPG Rise Climate, the climate investing strategy of TPG Rise, has agreed to acquire US-based testing, inspection and certification company AmSpec Group, specialising in companies focussed on energy, commodities and fuels, the company said.

AmSpec's existing majority shareholder, Olympus Partners, will retain a minority interest in the company. Additional terms of the investment were not disclosed.

AmSpec operates an extensive global footprint of over 300 inspection sites and laboratories throughout 61 countries, many of which are located at key industrial centres, ports, or trade hubs.

AmSpec's core service involves testing and...

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