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New Deal


Announced

Encavis Asset Management to acquire Biddinghuizen solar park in Flevoland.

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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Netherlands

Friendly

Majority

Pending

Private

Cross Border

Single Bidder

Acquisition

Renewable Energy Equipment

solar parks

Synopsis

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Encavis Asset Management, a producer of electricity from renewable energy sources, agreed to acquire Biddinghuizen solar park in Flevoland. Financial terms were not disclosed. "The acquisition of the Biddinghuizen solar park expands EIF II's generation capacity to a total of almost 600 MW. With over 40 power plant investments, the fund is one of the largest renewable energy portfolios for institutional investors, is exemplarily diversified and benefits from long-term feed-in tariffs," Karsten Mieth, Encavis Asset Management Speaker of the Board.

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