Antin to acquire a majority stake in Blue Elephant Energy.

Antin, a private equity firm, agreed to acquire a majority stake in Blue Elephant Energy, a renewable energy platform focused on developing, acquiring, and operating solar and wind farms across Europe as well as in Latin America. Financial terms were not disclosed. "The partnership with Antin gives further tailwind to BEE's dynamic development and underlines our strong position in a fragmented market, the resilience of our business model and the attractive development and growth prospects that lie ahead. With Antin we have a strong and long-term oriented partner at our side with whom we will continue our development expansion into key priority markets. We will leverage both our long-standing and good relationships with project developers and our cooperation model for large private landowners to drive BEE’s further growth. In addition, we are continuously expanding our internal development capacities. This will bring us an important step closer to the crucial goal of helping to drive the energy transition and creating a greener future,” Felix Goedhart, BEE Founder and CEO.