Announced
Completed
Synopsis
Riverstone, a Singapore-based investment holding company, completed the acquisition of an 80% stake in two solar photovoltaic plants in Mexico from Opdenergy, a developer of renewable energy projects based in Spain, for $233m. Both plants are fully operational, having reached COD under their respective PPAs in January 2020. Closing is subject to customary approvals. In addition, Riverstone and Opdenergy will form Vera Renovables, an 80/20 joint venture to develop, acquire and/or construct new renewable energy projects in Mexico including Opdenergy’s PV pipeline in the country.
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.