Longview Secures Major Investment from Stonepeak

Deal News | Mar 24, 2025 | Stonepeak

Longview Secures Major Investment from Stonepeak

Longview Infrastructure has announced an equity commitment from Stonepeak, an alternative investment firm specializing in infrastructure and real assets. The partnership is set to focus on the building and operation of electric transmission infrastructure projects in the United States, addressing the increasing demand for electricity driven by data center growth, renewables adoption, and the need for grid reliability. The collaboration leverages Stonepeak's vast experience in infrastructure investment and the industry expertise of Longview's founders, Eric Hayes and Ben Sumers, to enhance connectivity across communities. Stonepeak will bring its operational expertise and financial backing to the partnership, facilitating the expansion of Longview's capabilities in the U.S. electric transmission segment.

Sectors

  • Infrastructure Investment
  • Energy Transmission
  • Alternative Investments

Geography

  • United States – The partnership focuses on electric transmission infrastructure projects across the United States.
  • New York, NY – Stonepeak is headquartered in New York, influencing its business operations and investments.
  • Saint Louis, MO – Longview Infrastructure is headquartered in Saint Louis, Missouri, impacting its operational base.

Industry

  • Infrastructure Investment – The article discusses Stonepeak's equity commitment to support Longview's infrastructure projects in the electric transmission sector.
  • Energy Transmission – Longview Infrastructure is involved in electric transmission projects, highlighting the energy transmission industry's relevance.
  • Alternative Investments – Stonepeak, an alternative investment firm, targets infrastructure and real assets, making this industry relevant to the article.

Financials

  • $72 billion – Assets under management by Stonepeak, showcasing its investment capability.

Participants

NameRoleTypeDescription
StonepeakEquity InvestorCompanyA leading alternative investment firm specializing in infrastructure and real assets with approximately $72 billion in assets under management.
Longview InfrastructureProject DeveloperCompanyA newly formed platform focusing on electric transmission development and investment in the U.S.
Eric HayesCo-Chief Executive OfficerPersonCo-founder of Longview Infrastructure.
Ben SumersCo-Chief Executive OfficerPersonCo-founder of Longview Infrastructure.
Sidley Austin LLPLegal AdvisorCompanyServed as legal advisor to Stonepeak.
Vinson & Elkins LLPLegal AdvisorCompanyServed as legal advisor to Longview.