Greenbelt Capital Partners (Greenbelt), a growth-oriented middle-market private equity firm, has acquired Saber Power Services, (Saber), a fully integrated, substation and medium-to-high-voltage infrastructure services platform, in partnership with funds managed by Schroders Capital, StepStone Group and Wafra Inc.
Saber offers end-to-end design, construction, testing and maintenance solutions for substations and medium-to-high-voltage infrastructure across the renewables, battery storage, utility, industrial and energy infrastructure markets. The Houston-based company serves customers throughout Texas and the Southeast.
Latham & Watkins LLP served as legal counsel to Greenbelt in connection with the transaction while Harris Williams LLC served as financial advisor to Saber.
