Announced
Completed
Synopsis
Fundamental Advisors, an alternative asset management firm, completed the acquisition of MMA Capital, an infrastructure finance company focused on providing debt financing for renewable energy projects, for $162m. "This is an exciting next step for the unique business we have been building, and we could not have asked for a better platform to support our team and our customers in the next phase of our evolution. In the next decade, the demand for solar installations is expected to grow rapidly. We are confident this transaction will enhance our capability to offer more efficient and flexible financing solutions across a broader array of renewable energy asset classes to meet the needs of existing and new customers alike," Bob Hopper, MMA Capital Managing Director.
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