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New Deal


Announced

Completed

GIP and Actis completed the acquisition of Atlas Renewable Energy.

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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Domestic

Acquisition

renewable energy projects

Private

Private Equity

Renewable Energy Equipment

United States

Friendly

Majority

Completed

Synopsis

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Global Infrastructure Partners, an infrastructure investment fund, and Actis, a global investment firm, completed the acquisition of Atlas Renewable Energy, an independent renewables developer. Financial terms were not disclosed. "We are pleased to announce the acquisition of Atlas Renewable Energy, which further enhances GIP's leading global renewables franchise. Atlas adds a large-scale Latin American platform to our solar, wind and battery storage assets in North America, Europe and Asia. We look forward to supporting Atlas' management team and leveraging GIP's extensive experience and relationships to further scale the solar business across other renewable technologies," Ronnie Hawkins, GIP Partner.

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