Announced
Completed
Financials
Sources
Tags
Netherlands
Completed
solar farms
Majority
Friendly
Infrastructure
Alternative Electricity
Single Bidder
solar power plants
Private Equity
Private
Acquisition
Cross Border
Synopsis
Encavis Asset Management, which owns and operates renewable energy plants, completed the acquisition of Vlagtwedde solar farm from Impax Asset Management, a specialist asset manager. Financial terms were not disclosed. "As long-term specialist investors in the renewable energy sector, this project is part of our investment philosophy to contribute towards the transition to a zero-carbon economy in Europe. From the outset, the project has been developed in close cooperation with local parties with whom we have had a great experience. Delivering the project on time and within budget despite the global pandemic is testament to our team’s strong industrial skill-set. We look forward to building on our platform in the Netherlands and making further investments in this space," Hector Boyce, Impax Associate Director.
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