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New Deal


Announced

Completed

DIF and Goldman Sachs completed the acquisition of the Operating Renewables Businesses of MIC.

Financials

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

Tags

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Private Equity

Friendly

renewable energy equipment

Majority

Acquisition

Single Bidder

United States

Renewable Energy Equipment

Private

Completed

Infrastructure

Synopsis

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DIF and Goldman Sachs completed the acquisition of the Operating Renewables Businesses of MIC, which owns, operates and invests in a diversified group of infrastructure businesses. "With the signing of these agreements we have reached another important milestone in our efforts to streamline our portfolio and realize investments in certain smaller and non-core business. At the same time we have delivered an attractive risk-adjusted return to our shareholders and expect to use the proceeds from these sales to fund a portion of our investment in the growth of our remaining businesses," said Christopher Frost, MIC chief executive officer.

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