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New Deal


Announced

Completed

Axium Infrastructure completed the acquisition of BlueWave.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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solar energy

Cross Border

Majority

United States

Renewable Energy Equipment

Single Bidder

Private

Acquisition

Completed

Friendly

Synopsis

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Axium Infrastructure, an investment company, completed the acquisition of BlueWave, a solar and energy storage developer. Financial terms were not disclosed. "This acquisition marks a pivotal new period in BlueWave's history. It was crucial for us to find a like-minded owner who shares in our mission to revolutionize renewable energy and to help us scale, and that partner is unequivocally Axium. Axium's ownership will enable tremendous growth opportunities as we look to own and operate our development assets and continue pioneering in dual-use solar development, storage development and accessibility of renewable energy for low- to middle income communities," Trevor Hardy, BlueWave CEO.

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