Announced
Financials
Sources
Tags
Acquisition
Single Bidder
Majority
Private
Renewable Energy Equipment
Pending
Germany
Friendly
solar energy
Cross Border
Private Equity
Synopsis
Brookfield, a global alternative asset manager, agreed to acquire Sunovis, a solar energy company in Singen, Germany. Financial terms were not disclosed. "We are excited to join forces with Brookfield, a leading investor in renewables globally, who shares our strategic vision and is committed to support the further growth of Sunovis. Through this collaboration we will be able to accelerate our ambitious growth plans together with our team of experienced specialists and the support of a strong shareholder with outstanding financing capabilities, operational expertise and a broad global network in the solar industry," Raphael Huber and Markus Renz, Sunovis CEO and CFO.
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