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New Deal


Announced

Completed

Brookfield Renewable completed the acquisition of Standard Solar for $540m.

Financials

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Transaction Value£502m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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energy

Private

renewable energy

Domestic

Completed

Acquisition

Majority

Single Bidder

Renewable Energy Equipment

solar

Friendly

United States

Private Equity

Synopsis

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Brookfield Renewable, a pure-play renewable power platforms, completed the acquisition of Standard Solar, an owner and operator of commercial and community distributed solar for $540m. “Through this acquisition, which provides additional large-scale access to capital, Standard Solar is poised for massive growth, enabling us to contribute in an even more significant way to the clean energy transition. We’re looking forward to joining the Brookfield Renewable portfolio, one of the world’s largest renewable energy platforms. Our two companies share a mutual passion for renewables and company cultures that recognize and amplify excellence and equity - we are the ideal match,” Scott Wiater, Standard Solar President & CEO.

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