Advent and Cinven have sealed a €29.4bn sale of their elevator and escalator units, TKE, to Finnish rival Kone. The transaction, announced by the London‑based firms, represents one of the few mega‑caps in a market where deal volumes have thinned. Investors see the price as a benchmark for industrial assets still fetching premium valuations among global markets today for buyers.

Blackstone Infrastructure has committed capital to Eurowind Energy, a pan‑European developer of renewable power projects and independent producer. The partnership gives the private‑equity arm exposure to a fast‑growing clean‑energy segment, while Eurowind gains a financially robust backer for upcoming wind and solar farms. Deal terms were not disclosed, but the move signals heightened investor appetite for green infrastructure in Europe.

The €29.4 bn TKE sale and Blackstone’s Eurowind investment together lift sentiment in Europe’s private‑equity exit market, showing that large‑scale industrial and renewable assets can still attract top‑tier buyers. Benchmark pricing from the Kone deal may guide future carve‑outs, while the renewable backing underscores a shift toward climate‑focused capital allocation across the continent for investors seeking long‑term returns and strategic diversification.