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New Deal


Announced

Storengy to invest $47m in Dijon Metropole Smart Energhy.

Financials

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Transaction Value£34m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

France

Private

Pending

Single Bidder

Domestic

Renewable Energy Equipment

hydrogen production plants

Acquisition

Friendly

Synopsis

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Storengy, a unit of Engie, a French multinational electric utility company, is set to invest $47m in Dijon Metropole Smart Energhy, a joint venture company set up with Dijon Metropole, an intercommunal structure, and Rougeot Energie, an energy supplier, to develop and operate hydrogen production plants (electrolysers) in the city of Dijon.

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