EQT Infrastructure Co LLC 8-K

What Happened

• On April 30, 2026 (8-K filed May 1, 2026), EQT Infrastructure Company LLC entered into an Amended and Restated Management Agreement with EQIC Holdings L.P. (a subsidiary of the Company) and EQT Partners Inc. (the Manager, an indirect subsidiary of EQT AB).
• The Company also executed a Second Amended and Restated Limited Liability Company Agreement (Second A&R LLCA) on April 30, 2026 to create four new share classes: Class M-I, Class M-S, Class M-I-TE and Class M-S-TE. EQT Holdings AB, the Company’s sole Class Q Member, approved the Second A&R LLCA by written consent the same day.
• The Board adopted a revised Share Repurchase Plan to include the new Class M share classes; the Company does not expect to repurchase shares under the plan until after September 30, 2026.

Key Details

• Effective date of agreements: April 30, 2026 (8-K filed May 1, 2026).
• New share classes: Class M-I, M-S, M-I-TE, M-S-TE—these have equal rights and privileges to existing share classes except for specified fee and voting differences.
• Fee and voting distinctions: Class S, A-S, M-S and M-S-TE pay a sales load and dealer manager fee; Class I, A-I, M-I and M-I-TE do not pay a servicing fee; certain A and M share classes pay a lower management fee rate. Class M share classes are not entitled to nominate, remove or participate in director appointments.
• Repurchase plan: shareholders may request repurchase of all or part of their shares subject to plan terms; repurchases not expected until after Sept. 30, 2026.
• Relevant filings: Second A&R LLCA (Exhibit 3.1), Share Repurchase Plan (Exhibit 4.1), and A&R Management Agreement (Exhibit 10.1) were filed with the 8-K.

Why It Matters

• These changes formally add four new share classes and set fee structures and voting limitations that will affect how different investors pay fees and participate in governance.
• The amended management agreement clarifies management fee terms for the new Class M shares, which can influence net returns to holders of those share classes.
• The revised repurchase plan provides a potential liquidity option for investors, but the company’s stated timing (no repurchases expected before Oct. 1, 2026) means there is no immediate buyback activity.
• Investors should review the filed agreements (exhibits) for exact fee schedules and repurchase terms to understand impacts on fees, voting rights and liquidity.