Bison Energy Completes Strategic Sale of Australia and New Zealand Portfolio to I Squared Capital

Tokyo, Japan – January 16, 2026 – Bison Energy Group (“Bison Energy”), announces the completion of the sale of its Australia and New Zealand renewable energy development portfolio to I Squared Capital, as part of the Company’s disciplined capital rotation strategy and ongoing effort to optimize portfolio focus across regions.


The transaction represents a further deepening of the strategic relationship between Bison Energy and I Squared Capital, following their earlier collaboration in Japan. The expansion of this partnership into Australia and New Zealand underscores I Squared Capital’s confidence in Bison’s development track record and seeks to reinforce Bison Energy’s position as a repeatable platform builder for global infrastructure investors.


Bison Energy has successfully established a diversified and scalable pipeline of solar, battery energy storage system(BESS), and hybrid renewable energy projects across Australia and New Zealand. The portfolio, comprising approximately 2 GW of development assets across multiple sites, has been transitioned to a successor platform under new ownership, supported by long-term institutional capital to advance projects through their next stages of execution.


For Bison Energy, the transaction reflects a successful realization of development value created over multiple years. The Company has built strong project foundations, regulatory pathways, and local stakeholder relationships across the ANZ region, positioning the assets for efficient scale-up under dedicated infrastructure ownership.


“This transaction demonstrates the strength of our development-led investment model and our ability to partner with global infrastructure capital at scale,” said Michael Zhang, CEO of Bison Energy. “Our collaboration with I Squared Capital has evolved from Japan to Australia and New Zealand; we believe this portfolio is well positioned to continue its progression under long-term ownership. Bison Energy will redeploy capital and resources into new growth opportunities across our core markets.”


Bison Energy remains committed to disciplined growth and continues to advance renewable energy development initiatives across Japan, Europe, and other international markets, with a focus on solar, energy storage, wind, and integrated clean energy infrastructure.


About I Squared Capital

I Squared Capital is a leading global infrastructure investor managing $50 billion in assets. We build and scale essential infrastructure businesses that deliver critical services to millions of people worldwide. The I Squared portfolio includes over 90 companies operating in more than 70 countries and spanning sectors such as energy, utilities, digital infrastructure, transport, environmental and social infrastructure. Headquartered in Miami, its team of over 300 professionals is based across offices in Abu Dhabi, London, Munich, New Delhi, São Paulo, Singapore, Sydney and Taipei. Learn more at www.isquaredcapital.com


About Bison Energy Group

Bison Energy is an international renewable energy developer and investor founded in 2016, focused on delivering sustainable, reliable, and scalable clean energy solutions globally. The company has strong a track record across Japan, Australia, New Zealand, Europe, and the United States, with core expertise spanning solar power, battery energy storage systems (BESS), wind energy, and integrated renewable infrastructure.

It operates as a fully integrated renewable energy platform, covering the entire project lifecycle from origination and development through EPC management, asset management, and operations. Since establishment, it has built and invested in a growing pipeline of renewable and hybrid energy projects, supporting the global transition toward low-carbon energy systems while generating long-term value for investors and stakeholders.

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