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Announced

EQT to acquire Cypress Creek Renewables from HPS Investment Partners and Temasek.

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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Alternative Fuels

solar energy

United States

Acquisition

Private Equity

Majority

Friendly

Pending

Single Bidder

Private

Cross Border

Synopsis

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EQT, a private equity firm, agreed to acquire Cypress Creek Renewables, a solar and storage energy company, from private equity firm HPS Investment Partners and Temasek. Financial terms were not disclosed. "Cypress Creek Renewables is thrilled to have EQT backing our talented team and multi-year growth plan, centered on our mission of powering a sustainable future, one project at a time. With EQT, we will accelerate our sustainable growth in developing the highest-value solar and storage energy projects, providing best-in-class O&M services for ourselves and our customers, and expanding our fleet of operating assets," Sarah Slusser, Cypress Creek CEO.

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