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New Deal


Announced

NextEnergy Solar Fund to acquire UK Camden solar PV portfolio for £64.3m.

Financials

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Transaction Value£64m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Private

Single Bidder

Infrastructure

United Kingdom

Private Equity

solar power

Friendly

Pending

Alternative Electricity

Synopsis

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NextEnergy Solar Fund, the FTSE 250 solar power renewable energy investment company, agreed to acquire the UK Camden solar PV portfolio for £64.3m. "The Camden portfolio is an excellent fit for NESF and the PPA agreement with AB InBev provides long-term, reliable cashflows to the fund. The board is excited to partner with such a high-profile global company, helping them achieve their renewable energy targets," Kevin Lyon, NextEnergy Solar Fund Chairman.

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