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New Deal


Announced

TPG, Climate Adaptive Infrastructure and Trilantic to invest $750m in Intersect Power.

Financials

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Transaction Value£610m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Minority

Friendly

Domestic

Pending

Private Equity

Acquisition

Private

Renewable Energy Equipment

United States

renewable energy

Synopsis

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Investment funds TPG, Climate Adaptive Infrastructure and Trilantic agreed to invest $750m in Intersect Power, a clean energy company bringing innovative and scalable low-carbon solutions to its customers in retail and wholesale energy markets. "Intersect’s proven delivery of large, scalable clean energy projects and differentiated business model positions the Company to lead the way into new markets and clean energy products, as our economy continues to decarbonize," Ed Beckley, TPG Partner.

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