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Announced

Completed

Axium Infrastructure completed the acquisition of Wind Energy Transmission Texas from Brookfield Asset Management and Public Sector Pension Investment Board.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Acquisition

Renewable Energy Equipment

Single Bidder

United States

Private

Majority

Disposal

Private Equity

renewable energy services

Cross Border

Completed

Synopsis

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Axium Infrastructure, an investment company, completed the acquisition of Wind Energy Transmission Texas, a provider of renewable energy services, from Brookfield Asset Management, an alternative asset management company, and Public Sector Pension Investment Board, a pension investment manager. Financial terms were not disclosed. “Axium is proud to be acquiring WETT and is committed to the long-term safe, reliable operation and continued development of this important West Texas electric transmission system. WETT’s West Texas facilities are part of an important state-wide program to grow and deliver clean, renewable power throughout Texas," Thierry Vandal, Axium Infrastructure President.

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