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New Deal


Announced

Completed

APG and TRIG completed the acquisition of Merkur offshore wind farm.

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

Private

Majority

Friendly

Acquisition

Germany

offshore wind farm

Alternative Electricity

Single Bidder

Infrastructure

Completed

Synopsis

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APG , a Dutch pension investor, and The Renewables Infrastructure Group, a large British investment trust, completed the acquisition of Merkur offshore wind farm, from a consortium led by Partners Group, a private equity firm. Financial terms were not disclosed. “Our investment in this large wind farm Merkur Offshore, on behalf of ABP, fits the core of our strategy. Not only do we expect solid returns, it also marks a major step in the growth of our renewable infrastructure portfolio, providing sustainable energy to hundred thousands of households. We look forward working together alongside InfraRed in the years to come,” Patrick Kanters, APG Managing Director of Global Real Assets.

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