Announced
Completed
Synopsis
Sev.en Global Investments, a family office investment group, completed the acquisition of Delta Group, an electricity generation company in Australia. Financial terms were not disclosed. “Delta is an important part of our growth plans in Australia. The positive work culture and quality of the assets aligns with our investment objectives of adding further generation capacity to our Australian portfolio. In doing so, Sev.en is also uniquely positioned to maximise the benefit to local communities as dedicated long-term investor and operator. We are committed to support the energy transition by providing reliable power supply and backup capacity as needed. Sev.en is further expanding our presence in the region as we expand our local team with the necessary expertise required to be successful in Australia," Alan Svoboda, Sev.en Global Investments CEO.
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