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New Deal


Announced

Completed

CIM Group completed the acquisition of RNG development platform from MAS 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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Acquisition

Friendly

energy project

Single Bidder

Majority

Domestic

Completed

Private

Renewable Energy Equipment

United States

Synopsis

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CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, completed the acquisition of RNG development platform from MAS Energy, an energy project development company. Financial terms were not disclosed. “CIM Group’s acquisition of Terreva represents a marquee transaction in the RNG sector that came about as a result of our long-standing commitment to and experience in renewable energy, and our strong, established relationship with MAS Energy. We continue to believe RNG is a crucial component of the global energy transition and are excited to contribute as a leader in decarbonization,” Avi Shemesh, CIM Group Co-Founder and Principal.

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