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New Deal


Announced

Global Renewal Energy Development to acquire the India unit of Senvion.

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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Acquisition

Disposal

Private

Single Bidder

Renewable Energy Equipment

Majority

India

Cross Border

Friendly

renewable energy assets

Pending

Synopsis

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Global Renewal Energy Development agreed to acquire the India unit of Senvion, a German wind turbine manufacturer. Financial terms were not disclosed The transaction envisages the transfer of complete ownership of Senvion India along with all assets such as the factory, installed base of O&M and current ongoing projects, intellectual property rights relevant for the Indian market and its strong 300+ team size.

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