Announced
Financials
Tags
Infrastructure
Cross Border
Private Equity
Private
Acquisition
Friendly
Italy
solar power assets
Majority
Renewable Energy Equipment
Pending
Single Bidder
Synopsis
Energy Infrastructure Partners, a Swiss investment manager, and ContourGlobal, an international owner and operator of contracted wholesale power generation businesse, agreed to acquire Green Hunter Group, a portfolio of Solar Photovoltaic assets totaling 18MW located in Italy, for €50m. "The transaction is another operationally led bolt-on acquisition as part of our roll-up strategy in Italy with our long-time partner EIP, generating operational synergy and attractive risk adjusted returns for our shareholders. We continue to see a strong pipeline of further opportunities in Italy," ContourGlobal.
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