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New Deal


Announced

Completed

Capital Dynamics completed the acquisition of 8point3 from First Solar and SunPower for $1.7bn.

Financials

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Transaction Value£1,203m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Energy / Utility Services

solar power

Merger

renewable energy

Private

United States

Private Equity

Single Bidder

Completed

Majority

Cross Border

Synopsis

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Capital Dynamics, an independent, global asset manager, investing in private equity, private credit and clean energy infrastructure, completed the acquisition of 8point3, a limited partnership that owns, operates and acquires solar energy generation projects, from First Solar, a global provider of comprehensive photovoltaic solar systems that use module and system technology, and SunPower, a solar solutions and services company, for $1.7bn.

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