.
MergerLinks Header Logo

New Deal


Announced

Saras to acquire two wind farms from Athena Investments for $14m.

Financials

Edit Data
Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Friendly

Acquisition

Pending

Majority

wind farms

Italy

Single Bidder

Domestic

Alternative Fuels

Private Equity

Private

Synopsis

Edit

Saras, a processor of crude oil and marketer and distributor of petroleum byproducts, agreed to acquire two wind farms with 45MW capacity from Athena Investments, an investment holding company, for $14m. These cover the needs of around 20k families and avoid the emissions of 38k tonnes/year of CO2. Saras Group mid-term renewable expansion plan, foresees the construction of 50 to 100 MW of photovoltaic and 200 to 250MW of wind capacity by 2024.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US