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Announced

Completed

Natixis Investment-backed Mirova completed a $195m investment in Sunly.

Financials

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Transaction Value£175m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Completed

Renewable Energy Equipment

Friendly

renewable energy

Minority

Single Bidder

Private

Private Equity

Estonia

Cross Border

Synopsis

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Natixis Investment-backed Mirova, an asset management company, completed a $195m investment in Sunly, an operator of a renewable energy company. "This is great news for our community of partners and employees. We will advance and build solar and wind farms, which helps the current energy crises we are all experiencing. Sunly’s projects will contribute to lower power prices and increased energy security," Priit Lepasepp, Sunly CEO and Co-Founder.

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