DIF Capital Partners buys stake in global renewables firm

DIF Capital Partners (DIF), a global investment manager, has bought a minority stake in renewable energy platform Qair.

Qair, which did not disclose the size of the stake, has 690MW in its operating portfolio within onshore and offshore wind and 7.6 GW in its development pipeline.

It operates across 20 countries, including France, Poland and Brazil, in the wind, solar and hydrogen sectors.

DIF signed the partnership agreement – devised to accelerate Qair’s growth and portfolio build-out - through its ‘DIF Infrastructure VII’ fund.

Qair’s CEO said he was confident the “entrepreneurial spirit” in both firms would help it to accelerate the energy transition.