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New Deal


Announced

Completed

GreenVolt completed the acquisition of a 35% stake in MaxSolar for $27m.

Financials

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Transaction Value£22m
Consideration TypeCash
Capital Owned-
Capital Bid For35%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Renewable Energy Equipment

Friendly

Completed

Single Bidder

Minority

Germany

Private

Cross Border

solar photovoltaic

Acquisition

Synopsis

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GreenVolt, a renewables company, completed the acquisition of a 35% stake in MaxSolar, a company engaged in the development, implementation and management of solar photovoltaic and battery storage projects, for $27m. “This acquisition is a very significant step for GreeVvolt in one of the most important renewable energy markets in the world, namely solar. The entry of GreenVolt in Germany through MaxSolar, makes it an important player in this market," João Manso Neto, GreenVolt CEO.

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