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Announced

Octopus Investments Australia completed the acquisition of Dulacca Wind Farm from RES.

Financials

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

Sources

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Tags

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Completed

Majority

wind farm

Acquisition

Infrastructure

Friendly

Australia

Domestic

Renewable Energy Equipment

Private

Single Bidder

Synopsis

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Octopus Investments Australia, a renewable energy investment firm for wholesale and institutional investors, completed the acquisition of Dulacca Wind Farm from RES, a global renewable energy company. Financial terms were not disclosed. The wind farm will comprise 43 Vestas wind turbines to generate 180MW of renewable power and is supported by a long-term offtake agreement with the Queensland Government owned CleanCo.

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