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Announced

Completed

Aquila completed the acquisition of a 50% stake in Ourique.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Portugal

Renewable Energy Equipment

Friendly

solar power assets

Infrastructure

Private

Single Bidder

Acquisition

Private Equity

Completed

Synopsis

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Aquila, an independent investment management company with headquarters in Hamburg, completed the acquisition of a 50% stake in Ourique, an unlevered Portuguese solar operating asset. Financial terms were not disclosed. "Ourique is an excellent addition to AERIF's portfolio and will directly contribute to its dividend cover. With this investment, the Company has again proven its ability to allocate funds prudently, within a short time frame," Christine Brockwell, Aquila Capital Head of Partnerships & Portfolio Management.

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