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New Deal


Announced

Statkraft to acquire Solarcentury for $152m.

Financials

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Transaction Value£117m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.6x
EV/EBITDA5.19x
Share Price Premium-
One Off Charge-

Tags

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Private

United Kingdom

Majority

solar energy

Renewable Energy Equipment

Pending

Acquisition

Cross Border

Friendly

Auction

Private Equity

Synopsis

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Statkraft, a company in the hydropower industry, agreed to acquire Solarcentury, a global solar power company, for $152m. “This acquisition is in line with our strategy to ramp up as a wind and solar developer and become one of the leading renewable energy companies globally. Just like hydropower and solar power complement each other, Statkraft and Solarcentury are an excellent fit in terms of purpose and people. Joining forces will accelerate our growth and continue to drive the energy transition forward," Christian Rynning-Tønnesen, Statkraft CEO.

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