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New Deal


Announced

Completed

DIF Infrastructure completed the acquisition of BluEarth Renewables from Ontario Teachers’ Pension Plan.

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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Renewable Energy Equipment

Majority

Single Bidder

Renewable Energy Project Development

Canada

Acquisition

Completed

Private

Friendly

Private Equity

Synopsis

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DIF Infrastructure, an independent infrastructure fund, completed its acquisition of BluEarth Renewables, power producer that acquires, develops, builds, owns and operates wind, hydro and solar facilities across North America, from Ontario Teachers’ Pension Plan. Financial terms were not disclosed. “With the support of Ontario Teachers’ as a founding shareholder, BluEarth grew quickly to become a mature, integrated platform. Now, with the backing and governance of DIF V, we are excited to grow our platform even further, including pursuing additional opportunities in the U.S. and Canada,” Grant Arnold, BluEarth President, and Chief Executive Officer.

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