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New Deal


Announced

Completed

Capital Dynamics completed the acquisition of the remaining 69.98% stake in Arlington Valley Solar Energy II from Apollo Global Management.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned30%
Capital Bid For70%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

Completed

solar energy

United States

Alternative Electricity

Cross Border

Disposal

Friendly

Acquisition

Infrastructure

Private Equity

Single Bidder

Synopsis

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Capital Dynamics, an independent global asset management firm, completed the acquisition of the remaining 69.98% stake in Arlington Valley Solar Energy II, a 175 megawatt solar photovoltaic project, from Apollo Global Management. Financial terms were not disclosed. "This transaction was a natural fit for us as it builds on our recent acquisition of a 30% interest in AVSE II. This allows for a cleaner and simplified ownership position which we were well prepared to act on quickly in cooperation with the team at Apollo, for a mutually beneficial transaction. We welcome the full ownership of AVSE II into our 3.1 GWdc portfolio of operating US solar projects," Tim Short, Capital Dynamics Managing Director, Clean Energy Infrastructure.

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