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Announced

Completed

Swiss Life Asset Managers completed the acquisition of a 20% stake in Borssele III & IV from Partners Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For20%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Renewable Energy Equipment

offshore wind farm

Netherlands

Private Equity

Acquisition

Private

Minority

Completed

Friendly

Single Bidder

Cross Border

Synopsis

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Swiss Life Asset Managers, a private equity firm, completed the acquisition of a 20% stake in Borssele III & IV, a fully operational offshore wind park, from Partners Group, a private equity firm. Financial terms were not disclosed. “We are delighted to have added Borssele III & IV to our fund portfolio. Offshore wind is a key technology for the European energy transition and a strong pillar in our investment strategy. Our investors will be able to benefit from stable cashflows, protected by a well-designed Dutch subsidy scheme," Marc Schürch, Swiss Life Asset Managers Head Renewable Energy.

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