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New Deal


Announced

Completed

TPG-backed The Rise Fund completed the acquisition of solar PV projects from Trina Solar.

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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Acquisition

Chile

Completed

Single Bidder

Spain

Renewable Energy Equipment

Cross Border

Mexico

Private Equity

Colombia

solar pv projects

Friendly

Private

Synopsis

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TPG-backed The Rise Fund completed the acquisition of solar PV projects from Trina Solar, a PV and smart energy total solution provider. The solar PV projects included in the transaction are currently operational, under construction or in late-stage development nearing ready-to-build status across Spain, Chile, Colombia, and Mexico Financial terms were not disclosed. “Trina is one of the leading manufacturers of solar PVs, with a history of developing world-class solar PV projects in key markets. With the establishment of Matrix Renewables and the leadership of a seasoned management team, we are actively looking for additional strategic opportunities to grow our global portfolio and build out the platform," Ed Beckley, TPG Partner

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