MergerLinks Header Logo

Announced

Completed

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

Synopsis

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.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US