Origis Energy backed by Global Atlantic for buyout of original shareholders

Facebook
Twitter
LinkedIn
Reddit
Email
Image: Origis Energy.

Solar and storage developer Origis Energy has announced a management buyout of its original shareholders, a transaction it says “solidifies US control” of the company.

Global Atlantic Financial Group, a life insurance company that has held an equity stake in Origis since 2018, provided financing for the deal, increasing its interest in the developer.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The transaction results in the buyout of Pentacon BV, headed by Paul Thiers, who co-founded Origis in 2008, and investment firm Baltisse NV, headed by Filip Balcaen. Both Thiers and Balcaen will retire from Origis’ board of directors.

“Paul and Filip have supported Origis since the beginning and have been instrumental to our success. As we have grown into a leading US renewable energy firm, they felt it was in the best interest of the company to strengthen our ties with Global Atlantic,” Guy Vanderhaegen, Origis CEO, said.

Headquartered in Miami, Florida, Origis Energy has more than 1GW of operational solar and storage assets and nearly 3GW in contracted projects that are set to be developed by 2023. The company last year announced the completion of a 57.5MWac solar project in the US state of Georgia that is owned by Global Atlantic.

“There is more to come as we develop a 15GW clean energy pipeline, with projects now from coast to coast,” Vanderhaegen added.

The transaction sees Global Atlantic boost its US renewables position having bought a minority interest in Southern Power’s PV portfolio in 2018. “Our partnership with Origis is an important component of our US renewable energy investing platform,” said Anup Agarwal, Global Atlantic chief investment officer. “We believe this transaction will further drive our mutual success across the sector.”

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
21 October 2025
New York, USA
Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

August 29, 2025
US-based climate insurance provider kWh Analytics has launched a new renewable energy insurance cover for extreme weather events.
August 29, 2025
US grid interconnection agreements grew by 33% in 2024, reaching 75GW, with three-quarters signed for solar PV and battery energy storage system (BESS) projects, according to a new report from energy market analyst Wood Mackenzie.
Premium
August 29, 2025
PV Tech Premium hears from Renewable Properties and Silicon Ranch about the new 'start of construction' rules for US solar projects.
August 28, 2025
Latin America has the potential to unlock billions in clean energy investment if it aligns national policies with global sustainability goals and investor expectations.
Premium
August 28, 2025
US solar companies could potentially pay “tens of billions” of dollars in retroactive duties on products imported from Southeast Asia between June 2022 and June 2024, following a decision from the US Court of International Trade (CIT).
August 28, 2025
Boviet Solar has completed exterior construction work on its 3GW PV cell manufacturing facility in Greenville, Pitt County, North Carolina. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines