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Announced

Completed

Matrix Renewables completed the acquisition of a 4.6 GW portfolio of utility-scale solar energy projects from SolarStone Partners.

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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Private

Single Bidder

United States

Majority

Friendly

Completed

Cross Border

Renewable Energy Equipment

Acquisition

solar energy

Synopsis

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Matrix Renewables, a renewable energy platform, completed the acquisition of a 4.6 GW portfolio of utility-scale solar energy projects from SolarStone Partners, a renewable energy development firm. Financial terms were not disclosed. “Matrix is very excited to partner with SolarStone in the further development of this portfolio and looks forward to our ongoing collaboration on new opportunities across the country," Cindy Tindell, Matrix Renewables Managing Director and Head of US.

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