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New Deal


Announced

Completed

Asterion completed the acquisition of AMP Holdings for $82m.

Financials

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Transaction Value£63m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium32.4%
One Off Charge-

Tags

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energy project

Conventional Electricity

Majority

Single Bidder

Friendly

United Kingdom

clean electricity

electricity generation

Acquisition

Public

Cross Border

Completed

Private Equity

Synopsis

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Asterion, an investment management company, completed the acquisition of Aggregated Micro Power Holdings, a producer and supplier of electricity for $82m. "We are pleased to announce this recommended Acquisition by Asterion which represents the culmination of a successful journey for AMP Clean Energy. This transaction allows AMP Clean Energy shareholders to crystallize value through a cash offer at a premium to the current market value whilst providing AMP Clean Energy with the stable source of capital that it requires to move forward and achieve its ambitions," Neil Eckert, AMP Executive Chairman.

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