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Announced

Completed

GIC, Mitsui and Macquarie completed an investment in Storegga.

Financials

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

Tags

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Minority

Private

Single Bidder

Friendly

Completed

United Kingdom

Environmental Consulting

Cross Border

Private Equity

carbon reduction

Acquisition

Synopsis

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GIC Private, Mitsui and Macquarie Group completed an investment in Storegga Geotechnologies, an independent UK company pioneering carbon reduction and removal. Financial terms were not disclosed. "The UK is emerging as a world-leader in CCS and its associated low carbon technologies; today’s investment by these partners strengthens our ability to build a world class CCS project and help the UK to pioneer this rapidly growing sector," Nick Cooper, Storegga CEO.

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