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Servtec and Darby completed the acquisition of a wind farm in Ceará and a hydroelectric plant in Mato Grosso.

Financials

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

Sources

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Brazil

Cross Border

Completed

wind farms

Acquisition

Friendly

Renewable Energy Equipment

Private

Majority

Single Bidder

Private Equity

Synopsis

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Servtec, an energy generator, and Darby, a private equity fund of the North American manager Franklin Templeton, completed the acquisition of a wind farm in Ceará and a hydroelectric plant in Mato Grosso. Financial terms were not disclosed. “They are small assets, which are outside the radar of large buyers, of large M&A transactions. We have seen more larger transactions, from 300 megawatts to 400 megawatts, so these assets do not arouse much interest from the big players, but for us it makes perfect sense,” Pedro Fiúza, Servtec CEO.

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