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New Deal


Announced

Completed

GreenVolt completed the acquisition of 50% stake in Univergy Autoconsumo for $12m.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Completed

Friendly

Majority

Spain

Single Bidder

Cross Border

photovoltaic energy installation

Renewable Energy Equipment

Acquisition

Synopsis

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GreenVolt, a renewables company, completed the acquisition of 50% stake in Univergy Autoconsumo, a photovoltaic energy installation company, for $12m. “This acquisition clearly reinforces GreenVolt's commitment to the development of photovoltaic projects for self-consumption in the Iberian Peninsula, this time in the business segment. Over the last three years, Univergy Autoconsumo has demonstrated a great capacity for implementation and, we are certain, that with the partnership with GreenVolt it will be able to accelerate its business plan, while contributing decisively to the reduction of energy costs Spanish companies and for the generation of clean and renewable energy,” João Manso Neto, GreenVolt CEO.

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