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New Deal


Announced

Octopus Renewables to acquire two wind farms from RES.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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France

Majority

Cross Border

onshore wind farms

Acquisition

wind farms

Private

Single Bidder

Renewable Energy Equipment

Pending

Friendly

Synopsis

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Octopus Renewables, a renewable energy company, agreed to acquire two wind farms from Renewable Energy Systems, an energy firm. Financial terms were not disclosed. “This acquisition is yet another sizeable addition to our expanding portfolio of European assets. The 18MW Roche Quatre Rivières diversifies our existing set of French renewable energy assets into onshore wind and is just the beginning of our ambitious acquisition plans. This will be the third wind farm we have acquired from RES and it is a real pleasure to continue working alongside them," Alex Brierley, Octopus Energy Co-Head.

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