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New Deal


Announced

Completed

Nala Renewables completed the spin-off of Swift Current 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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Alternative Fuels

renewable energy

United States

Demerger

Spin Off

Completed

Cross Border

Private

Private Equity

Minority

Friendly

Single Bidder

Synopsis

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Nala Renewables, an investor in solar, wind and power storage projects, completed the spin-off of Swift Current Energy, a partner-owned renewable energy company. Financial terms were not disclosed. Nala Renewables will continue to focus on investing in projects that complement its existing portfolios to create scale and a deeper country presence. By 2025, Nala Renewables’ aim is to build a global portfolio of renewable energy projects with a cumulative generative capacity of four gigawatts to be operating, in construction, or in late-stage development. The company already owns and is developing assets in Belgium, Chile, France, the Netherlands, Poland and the US.

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