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New Deal


Announced

DIF Infrastructure V, SL Capital Infrastructure II and Local Pensions Partnership Investments to acquire Elenia Lampö from Elenia.

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

heating

Acquisition

Conventional Electricity

Private Equity

Finland

Natural

Single Bidder

Pending

Majority

Synopsis

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Three investment funds, DIF Infrastructure V, SL Capital Infrastructure II and Local Pensions Partnership Investments, agreed to acquire Elenia Lampö, a district heating company, from Elenia. Financial terms were not disclosed. The sale of Elenia Heat enables the Elenia Group to focus on the development of security of electricity distribution, smart grids and multifunctional services to its customers. In addition to network investment, the Elenia Group will also use proceeds from the sale to deleverage.

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