- Longview Infrastructure has secured an equity commitment from Stonepeak for electric transmission infrastructure projects in the U.S. - Stonepeak is an alternative investment firm with approximately $72 billion in assets under management. - The partnership aims to address the rising demand for electricity driven by data centers, renewable energy adoption, and the need for grid reliability. - Longview and Stonepeak will originate, develop, construct, and operate electric transmission infrastructure to ensure communities have uninterrupted access to electricity. - Rob Kupchak from Stonepeak highlighted the expertise of Longview's founders, Eric Hayes and Ben Sumers, in the transmission industry. - Hayes and Sumers expressed excitement about partnering with Stonepeak to enhance connectivity across communities and address the demand for transmission infrastructure. - Longview Infrastructure collaborates with Independent System Operators and communities to finance and deliver projects across the U.S. - The company is headquartered in Saint Louis, Missouri, with additional offices in San Francisco, California. - Stonepeak focuses on downside protection and strong risk-adjusted returns, investing in sectors such as digital infrastructure, energy, and real estate. - Stonepeak operates globally with offices across several major cities including New York, London, and Tokyo.

Stonepeak to Provide Equity Commitment to Longview Infrastructure

Stonepeak and Longview to partner on U.S. electric transmission infrastructure projects

Mar 24, 2025 8:35 AM Eastern Daylight Time

ST. LOUIS & NEW YORK--(BUSINESS WIRE)--Longview Infrastructure (“Longview”), a newly formed electric transmission development and investment platform, today announced it has secured an equity commitment from Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximately $72 billion in assets under management.

Data center and electrification-driven growth in electricity demand, increasing adoption of renewable energy sources, and the need for grid reliability are driving significant new transmission investment to ensure communities have uninterrupted access to essential services. Together, Longview and Stonepeak will focus on originating, developing, constructing, and operating electric transmission infrastructure projects across the United States to address this need.

Rob Kupchak, Senior Managing Director at Stonepeak, said, “Longview’s founders, Eric Hayes and Ben Sumers, are industry veterans with extensive knowledge of the transmission industry, which we believe will be a key differentiator in addressing the compelling opportunities in this essential U.S. infrastructure sector. We look forward to working hand-in-hand with them to develop the Longview platform.”

Eric Hayes and Ben Sumers, Longview’s Co-Chief Executive Officers, added, “We are excited to partner with Stonepeak to pursue transmission projects across the United States to help enhance connectivity across communities. Rising energy demand and an ever-changing energy landscape requires a historic buildout of transmission infrastructure. Stonepeak’s equity commitment, deep understanding of the transmission space, and operational expertise in building platforms will enable us to effectively scale the team and meet the need in transmission head-on.”

Sidley Austin LLP served as legal advisor to Stonepeak and Vinson & Elkins LLP served as legal advisor to Longview.

About Longview

Longview Infrastructure collaborates with Independent System Operators (ISOs) and communities to finance and deliver transmission projects around the United States. Founded by LS Power and NextEra Energy Transmission alumni Eric Hayes and Ben Sumers, the Company is headquartered in Saint Louis, Missouri and has offices in San Francisco, California. Visit www.longviewinfra.com to learn more.

About Stonepeak

Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $72 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include digital infrastructure, energy and energy transition, transport and logistics, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, and Abu Dhabi. For more information, please visit www.stonepeak.com.



Contacts


Stonepeak:
Kate Beers / Maya Brounstein
corporatecomms@stonepeak.com
+1 (646) 540-5225

Longview Infrastructure:
press@longviewinfra.com