## TDR Capital & I Squared Tap Banks for Aggreko's Major US IPO
Private equity giants TDR Capital and I Squared Capital are moving forward with plans to take Aggreko public in the United States. According to sources familiar with the matter, the firms have selected banks to lead the initial public offering for the global power generator rental company. This move signals a significant liquidity event for the owners and a major test for investor appetite in the critical energy infrastructure rental sector.

The IPO would involve Aggreko Plc, one of the world's largest providers of temporary power generation and temperature control equipment. The company, which serves industries from construction and events to utilities facing outages, was taken private in a £2.3 billion deal by TDR and I Squared in 2021. The selection of underwriters is a concrete step toward listing, though the final timing, valuation, and size of the offering remain under wraps.

The planned US listing places Aggreko in a competitive market for industrial and energy services stocks, while providing its private equity backers a potential exit. The deal will be closely watched as a barometer for the health of the IPO market, particularly for asset-heavy industrial firms. Success hinges on convincing US investors of Aggreko's growth trajectory and its role in supporting grid resilience and transitional energy needs worldwide.
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- **Source**: Bloomberg Markets
- **Sector**: The Vault
- **Tags**: private_equity, ipo, energy_infrastructure, investment_banking, tdr_capital
- **Credibility**: unverified
- **Published**: 2026-03-27 01:26:58
- **ID**: 36496
- **URL**: https://whisperx.ai/en/intel/36496