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New Deal


Announced

Completed

Coatue Management completed the investment of $250m in Vivint Solar.

Financials

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Transaction Value£190m
Consideration TypeCash
Capital Owned-
Capital Bid For6%
EV/Sales-
EV/EBITDA12.03x
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Single Bidder

Alternative Electricity

solar energy

United States

Private Equity

Friendly

Minority

Public

Completed

Disposal

Synopsis

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Investment company Coatue Management completed the investment of $250m in Vivint Solar, an American solar energy company headquartered in Lehi, Utah. In connection with the purchase, Coatue agrees to vote its Vivint shares in favor of the merger agreement between Sunrun and Vivint Solar, with a 120-day lock-up period following the closing of the merger.

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