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New Deal


Announced

Completed

Blackstone Credit-backed ClearGen and Goldman Sachs’ Asset Management completed the acquisition of 25 wind farms from MUFG.

Financials

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

Tags

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Acquisition

Friendly

renewable energy

United States

Domestic

Private

Single Bidder

bioenergy

Private Equity

Alternative Fuels

Completed

Synopsis

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Blackstone Credit-backed ClearGen, a renewable energy company, and Goldman Sachs’ Asset Management, an investment company, completed the acquisition of 25 wind farms, from MUFG, a financial holding company. Financial terms were not disclosed. “ClearGen is excited to provide a unique solution to MUFG by utilizing Blackstone Credit’s efficient cost of capital and the partnership with Goldman. The transaction adds significant scale to our portfolio of diversified, contracted renewable energy holdings,” Rob Howard, ClearGen CEO.

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