Announced
Financials
Sources
Tags
Private
renewable energy investments
Friendly
United States
Pending
Renewable Energy Equipment
Acquisition
Minority
Single Bidder
Cross Border
Synopsis
SK E&S, a provider of clean energy solutions headquartered in Seoul, agreed to invest $400m in LS Power-backed REV Renewables, a company focused on the development, acquisition and operation of renewables and energy storage. "The energy transition is underway and we believe renewables and storage represent the largest opportunities and challenges. We formed REV to tackle these challenges and we are extremely pleased that a company with the vision, sophistication and global reach of SK E&S is investing alongside us in REV Renewables," Paul Segal, LS Power CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.