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TPG to Acquire Majority Stake in Sabre Industries from Blackstone Energy Transition Partners
TPG Rise Climate, TPG’s dedicated climate investing platform, is set to acquire a majority stake in Sabre Industries, Inc. from Blackstone Energy Transition Partners. Blackstone will retain a significant minority stake in Sabre, a provider of critical infrastructure solutions for power utilities, telecom companies, and data centers. The acquisition aims to support Sabre’s growth and enhance its manufacturing capabilities as it strengthens America’s power and communications networks.