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New Deal


Announced

Completed

CVA Group completed the acquisition of Sistemi Rinnovabili for €340m.

Financials

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Transaction Value£295m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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solar energy

Italy

Friendly

Acquisition

Private

Completed

Majority

Domestic

Single Bidder

Alternative Fuels

Synopsis

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CVA Group, a provider of sustainable energy based services, completed the acquisition of Sistemi Rinnovabili, a provider of sustainable energy services focusing on solar energy technology, for €340m. "The operation will allow CVA to play a leading role in the challenge of the energy transition. The growth in photovoltaics is flanked by the historic and rooted presence of the Group in hydropower and further consolidates the profile of primary operator renewable Italian, in line with the strategy of diversification of renewable sources to produce electricity," Marco Cantamessa, CVA President.

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