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Announced

Completed

ArcLight completed the acquisition of a 25% stake in a 192MW Sidney Murray.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Acquisition

Minority

hydroelectric electricity generation

Private Equity

Completed

Single Bidder

Renewable Energy Equipment

Infrastructure

Private

United States

Friendly

Synopsis

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ArcLight, a private equity firm, completed the acquisition of a 25% stake in a 192MW Sidney Murray, a hydroelectric project. The balance of Sidney Murray is owned by affiliates of Brookfield Financial terms were not disclosed. "Sidney Murray is a world-class, baseload renewable energy resource selling power under long-term contracts to investment grade counterparties. ArcLight is excited to continue to work to optimize the project for the benefit of all stakeholders," Dan Revers, ArcLight Founding Partner.

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