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New Deal


Announced

Completed

Squadron Energy completed the acquisition of CWP Renewables for $2.7bn.

Financials

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Transaction Value£2,215m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Majority

Australia

Acquisition

Alternative Fuels

wind energy

Friendly

Completed

Single Bidder

solar energy

Domestic

Synopsis

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Squadron Energy, an energy company, completed the acquisition of CWP Renewables, a vertically integrated renewables energy business, for $2.7bn. "When large industrial and commercial customers come to us, they are looking for efficient and firmed renewable power at scale. With this acquisition, we will develop and operate an extensive geographic portfolio of night and daytime wind, solar and storage assets that will ensure reliability of supply for our customers," Eva Hanly, Squadron Energy CEO.

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