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Announced

Completed

Blue Water formed Global Energy Storage in a $250m deal.

Financials

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Transaction Value£177m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

energy storage

Domestic

United Kingdom

Private Equity

Acquisition

Private

Friendly

Renewable Energy Equipment

Completed

Synopsis

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Blue Water, a private equity firm, formed Global Energy Storage, an energy storage infrastructure company, in a $250m deal. “We have a proven ability to execute both greenfield and brownfield projects. We see growth areas in the storage and logistics for LNG, LPG, hydrogen, ammonia and renewable fuels. We’re developing an exciting pipeline of projects in Southeast Asia, Latin America, and elsewhere across the globe. We anticipate announcing our first deal very soon. It’s an exciting time for GES and we look forward to making further announcements soon about the expansion of the business," Peter Vucins, GES CEO.

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