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New Deal


Announced

Completed

Sonnedix completed the acquisition of Eliantus from JZI and Elliott.

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

Single Bidder

Renewable Energy Equipment

power generation

Acquisition

Private

Completed

Spain

Majority

Friendly

Synopsis

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Sonnedix, the global independent solar power producer, completed the acquisition of Eliantus, a 74.7MW solar PV portfolio in Spain, from private equity firms JZ International and Elliott Management. Financial terms were not disclosed. “Under these unprecedented times, it is with agreements like this that we deliver on our long-term commitment with the Spanish market, playing an active role in the economic recovery of the country while continuing to fulfil our purpose of harnessing the power of the sun to build a bright future," Axel Thiemann, Sonnedix CEO.

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