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New Deal


Announced

Completed

I Squared Capital completed the acquisition of Atlantic Power for $961m.

Financials

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Transaction Value£706m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium48%
One Off Charge-

Synopsis

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I Squared Capital, a private equity firm, completed the acquisition of Atlantic Power, an independent power producer, for $961m. "The independent directors of the Board, with the assistance of our financial and legal advisors, carefully analyzed I Squared Capital's offer, and after extensive negotiation and thorough consideration, concluded that the agreement is in the best interests of Atlantic Power," Kevin T. Howell, Atlantic Power Chairman.

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