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New Deal


Announced

SDCL Energy Efficiency Income Trust to invest $36m in Primary Energy.

Financials

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Transaction Value£26m
Consideration TypeCash
Capital Owned50%
Capital Bid For15%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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recycled energy

Renewable Energy Equipment

United States

Private

Friendly

Private Equity

Acquisition

Majority

Cross Border

Pending

Single Bidder

Synopsis

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SDCL Energy Efficiency Income Trust, a United Kingdom-based closed-ended investment company, agreed to invest $36m in Primary Energy, a portfolio of recycled energy and cogeneration projects located in Indiana, USA. The 298MW portfolio consists of five operating projects which generate low-cost, efficient energy with substantial environmental benefits via three recycled energy projects, one natural gas combined heat and power project and a 50% interest in an industrial process efficiency project.

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