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Announced

Completed

Clairvest completed the acquisition of solar O&M business of SunPower.

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

solar energy equipments

Private

solar energy assets

solar project

Majority

Friendly

United States

Single Bidder

Renewable Energy Equipment

Acquisition

Completed

Domestic

Disposal

Synopsis

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Clairvest Group, a private equity firm, completed the acquisition of the solar operations and maintenance business of SunPower, an American energy company. Financial terms were not disclosed. "We believe that NovaSource will strengthen its position as the leading global solar O&M provider of scale in the coming years, serving the most sophisticated customers in the world as a preferred provider. We are grateful to have had the opportunity to work with SunPower, who built this great business, and look forward to a continuing relationship with them,” Ken Rotman, Clairvest CEO.

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