Announced
Completed
Financials
Tags
United Kingdom
Renewable Energy Equipment
Private
Majority
Single Bidder
solar assets
Acquisition
Friendly
Cross Border
Completed
Private Equity
Synopsis
JP Morgan-backed Sonnedix, a solar independent power producer, completed the acquisition of BhnLux solar PV portfolio of iAM Capital, an investment company. Financial terms were not disclosed. "We are pleased to have completed the sale of this portfolio to Sonnedix, which we had acquired as part of a programmatic partnership with US based Bhn group. With a strong return on our and our limited partners' investment we are now looking to make further acquisitions in this sector together with Bhn. As a firm we remain committed to investing in 'green' projects that support sustainable growth, both in connection with our infrastructure projects and our real estate investment activities," Emanuel Arbib, iAM Capital CEO.
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