.
MergerLinks Header Logo

New Deal


Announced

SK Group to invest $100m in 8 Rivers Capital.

Financials

Edit Data
Transaction Value£75m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Cross Border

Acquisition

Private Equity

Single Bidder

Private Equity

renewable energy investments

Minority

United States

Private

Pending

Synopsis

Edit

SK Group, a collection of diverse multi-national manufacturing and service companies, agreed to invest $100m in 8 Rivers Capital, a Durham, NC-based firm founded in 2008 which is leading the invention and commercialization of sustainable, infrastructure-scale technologies for the global energy transition as the premier net zero solutions company for industrial decarbonization. "Decarbonizing the global economy is both a multi-trillion-dollar business opportunity and, more importantly, an environmental and social necessity. I can imagine no better partner than the SK Group to accelerate gigaton-scale deployment of 8 Rivers' clean, net-zero technologies, helping drive economic and social development globally," Cam Hosie, 8 Rivers CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US