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New Deal


Announced

Goldman Sachs and TELOS to form a joint venture.

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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Joint Venture

Renewable Energy Equipment

Single Bidder

United States

Private

Majority

solar project

Pending

Friendly

Private Equity

Synopsis

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Goldman Sachs' Alternative Energy Investing Group and TELOS Clean Energy, a clean energy developer, agreed to form a joint venture to develop, construct, own, and operate distributed solar power projects. Financial terms were not disclosed. "We are thrilled to be working with the Alternative Energy Investing Group at Goldman Sachs. Specializing in development, construction, and asset management, this joint venture will allow us to scale and execute at pace," Andrew Chester, TELOS CEO.

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