Brookfield Infrastructure Partners L.P. (NYSE:BIP) acquired unknown majority stake in Thermondo GmbH on January 8, 2021. Philipp Pausder remains a partner and in his current role as managing director of Thermondo. Thermondo plans to use the new growth capital to grow faster and to enable more customers to use CO2-neutral heating technologies. Mirko Heide of IEG (Deutschland) GmbH acted as financial advisor to Thermondo GmbH and its shareholders. Brookfield Infrastructure Partners L.P. (NYSE:BIP) completed the acquisition of unknown majority stake in Thermondo GmbH on January 8, 2021. As of January 11, 2021, the transaction is subject to regulatory approval.