14
Feb
I Squared Capital, a leading global infrastructure investment manager with over US $36 billion of assets under management through its ISQ Growth Markets Infrastructure Fund, has acquired a controlling interest in Polaris Smart Metering Pte. Ltd. Polaris is a Singapore based company that develops, installs, and operates smart metering infrastructure under long-term concessions. Polaris wholly owns Gram Power (India) Pvt. Ltd., India’s only domestically grown integrated smart meter solutions provider and energy analytics company. I Squared Capital has committed up to US$100 million in Polaris, which will be used to transform the company’s manufacturing capabilities to global standards, invest in…