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Announced

Ignitis Renewables to acquire Silesia 2 wind farm for €240m.

Financials

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Transaction Value£213m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Majority

Poland

Renewable Energy Equipment

Acquisition

Pending

wind farm

Friendly

Private

Single Bidder

Infrastructure

Synopsis

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Ignitis Renewables, a developer of onshore and offshore wind, solar energy, biomass and waste-to-energy projects, agreed to acquire Silesia 2 wind farm for €240m. “Silesia 2 will help us improve our position in the neighbouring markets even further and bring us even closer to the target set in the Ignitis Group’s strategy of reaching 4GW installed green generation capacity by 2030,” Thierry Aelens, Ignitis Renewables CEO.

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