Announced
Completed
Financials
Tags
Completed
United States
Acquisition
Majority
Alternative Electricity
geothermal power plant
Private
Private Equity
Cross Border
Infrastructure
Friendly
Single Bidder
Synopsis
Atlantica, the sustainable infrastructure company that owns a diversified portfolio of contracted assets in the energy and environment sectors, completed the acquisition of Coso Geothermal Power Holdings, a 135MW geothermal power plant, from Bardin Hill, Avenue, Corre Partners and Voya Financial for $170m. "We are thrilled to announce an investment in a contracted renewable energy asset that fits perfectly in our portfolio, increases our presence in the renewable sector in North America and reaffirms our goal to transition towards a more sustainable world," Santiago Seage, Atlantica CEO.
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