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New Deal


Announced

AES Indiana to acquire the 195-megawatt solar project from Hardy Hills Farm.

Financials

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

Tags

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Pending

Majority

Friendly

solar energy

Private

Renewable Energy Equipment

Single Bidder

United States

Domestic

Acquisition

Synopsis

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AES Indiana, an American utility company providing electric services, agreed to acquire the 195-megawatt solar project from Hardy Hills Farm. Financial terms were not disclosed. "This is an important moment for AES Indiana which advances our investments in renewables here in the state. We are accelerating the future of energy by diversifying our portfolio to include renewables and conventional fuel sources and prioritizing major investments to modernize our energy grid," Kristina Lund, AES Indiana President and CEO.

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