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New Deal


Announced

Capital Dynamics to acquire three solar photovoltaic projects from LS Power.

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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solar power

Domestic

United States

Disposal

Friendly

photovoltaic energy assets

Acquisition

Single Bidder

Pending

Renewable Energy Equipment

Majority

Private

Private Equity

Synopsis

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Capital Dynamics, an independent global private asset management firm, agreed to acquire three solar photovoltaic projects from LS Power, an investment, development and operating company. Financial terms were not disclosed. "The acquisition of this portfolio is consistent with our strategy of acquiring or developing clean energy infrastructure assets in attractive locations. These high-quality, contracted projects will be an important addition to our 4.6 GW solar portfolio and our 2.9 GWh energy storage portfolio, compounding our ability to achieve benefits of scale, leverage our deep operational experience, and unlock opportunities to add value to this critical energy infrastructure," Tim Short, Capital Dynamics Managing Director.

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