.
MergerLinks Header Logo

New Deal


Announced

Completed

CAI and Trilantic completed the acquisition of a minority stake in Intersect Power for $127m.

Financials

Edit Data
Transaction Value£93m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Renewable Energy Equipment

Acquisition

Domestic

renewable energy

Private

Single Bidder

Private Equity

United States

Minority

Friendly

Completed

Synopsis

Edit

Climate Adaptive Infrastructure, an infrastructure investment firm, and Trilantic North America, a global private equity firm, completed the acquisition of a minority stake in Intersect Power, a developer of utility-scale renewable energy, for $127m. "We are pleased to be founding investors in Intersect Power, a company defining the future of renewable infrastructure with remarkable connectivity between capital markets, supply chains, greenfield development, and innovative technologies. Intersect Power's deep bench of senior executives are experts at strategically deploying capital across low-carbon infrastructure assets. Additionally, we look forward to Intersect Power's expansion into green hydrogen, another critical component for global decarbonization," Bill Green, CAI Founder and Managing Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US