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New Deal


Announced

The Carlyle Group to invest $100m in NineDot Energy.

Financials

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Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

United States

Friendly

clean energy projects

Minority

Renewable Energy Equipment

Private

Acquisition

Single Bidder

Pending

Domestic

Synopsis

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The Carlyle Group, a global investment firm, agreed to invest $100m in NineDot Energy, a developer of community-scale clean energy projects. "NineDot Energy thrives on developing innovative business models and projects that support a more resilient electric grid while simultaneously delivering economic savings and reducing carbon emissions. Carlyle’s investment will enable NineDot to further advance our leadership position in providing community clean energy solutions in New York and beyond," David Arfin, NineDot Energy CEO.

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