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New Deal


Announced

Energy Infrastructure Partners and ContourGlobal to acquire Green Hunter Group for €50m.

Financials

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Transaction Value£42m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Infrastructure

Cross Border

Private Equity

Private

Acquisition

Friendly

Italy

solar power assets

Majority

Renewable Energy Equipment

Pending

Single Bidder

Synopsis

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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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