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New Deal


Announced

Finerge to acquire WTG Group.

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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Single Bidder

Friendly

Acquisition

Private

Portugal

wind farms

Renewable Energy Equipment

Majority

Pending

Domestic

renewable energy

Synopsis

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Finerge, a green energy supplier in Matosinhos, Portugal, agreed to acquire WTG Group, a renewable energy firm. Financial terms were not disclosed. "It is another step in pursuing our strategic objectives and consolidating our presence in Portugal. This 4.2 MW turbine is one of the largest installed in the country and signals our commitment to using cutting-edge technology to contribute to achieving the PNEC targets, with the least possible environmental impact," Pedro Norton, Finerge CEO.

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