Announced
Completed
Financials
Tags
energy project
Conventional Electricity
Majority
Single Bidder
Friendly
United Kingdom
clean electricity
electricity generation
Acquisition
Public
Cross Border
Completed
Private Equity
Synopsis
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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