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New Deal


Announced

Aquila Capital to acquire an 89% stake in Desfina.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For89%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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wind farms

Majority

Friendly

Acquisition

Infrastructure

Greece

Cross Border

Pending

Alternative Electricity

Private

Single Bidder

Private Equity

Synopsis

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Aquila Capital, an investment management company, agreed to acquire an 89% stake in Desfina, an operational wind farm in Greece. Financial terms were not disclosed. "With our recent acquisitions of Albeniz and now Desfina, AERIF is continuing its excellent track record of deploying capital into a range of renewable energy projects that meet our strict investment criteria. Desfina is our first investment in Greece and notably benefits from a long-term feed-in premium at attractive terms," Ian Nolan, Aquila European Renewables Income Fund Chairman.

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