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New Deal


Announced

Completed

EnCap Investments completed the investment in Linea Energy.

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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power producer

United States

renewable energy development

Private

Alternative Fuels

Friendly

Single Bidder

Acquisition

Domestic

Private Equity

Minority

Completed

Synopsis

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EnCap Investments, an American private equity firm, completed the investment in Linea Energy, an independent renewable energy developer and power producer. Financial terms were not disclosed. “We are delighted to partner with the EnCap Energy Transition team to develop and operate a world class portfolio of renewable energy and battery energy storage projects. With EnCap as our partner, we have the capital and strategic positioning to develop and manage a technology-diverse renewables portfolio in key liquid power markets across the US," Cassidy DeLine, Linea Energy CEO.

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