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New Deal


Announced

Octopus Energy and Nexta Capital Partners to form a joint venture.

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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Italy

Pending

Private

bioenergy

Single Bidder

Joint Venture

Friendly

Majority

Cross Border

renewable energy

Alternative Fuels

Synopsis

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Octopus Energy, an energy company, and Nexta Capital Partners, a Milan-based renewables developer, agreed to form a joint venture, to create 1.1GW of new onshore wind, solar farms and energy storage in the south of Italy. Financial terms were not disclosed. “The partnership with Octopus represents a further step towards the consolidation of our growth objectives within the renewable energy industry. We aim to play a leading role with Octopus in the energy transition process,” Fabrizio Caputo, Nexta Co-Founder and Managing.

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