.
MergerLinks Header Logo

New Deal


Announced

Denham Capital to acquire Solops for $200m.

Financials

Edit Data
Transaction Value£164m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

Renewable Energy Equipment

United States

Single Bidder

Acquisition

Private Equity

Private

Pending

solar projects

Domestic

Friendly

Synopsis

Edit

Denham Capital, a global energy transition investment firm, agreed to acquire Solops, a developer, financier, and operator of photovoltaic solar projects, for $200m. “Solops is a great opportunity for Denham Sustainable Infrastructure’s newest fund to help execute on our “buy and build” strategy, where we are supporting the growth of businesses led by industry experts. We have been supporting global investment in utility scale solar PV for over 15 years and Solops is our first investment in the distributed generations space, where we see lots of opportunities not only in the US but globally. The Solops team have an impressive track record and we are excited about this partnership with the management team to take Solops to the next level,” Justin DeAngelis, Denham Capital Partner and co-head of Sustainable Infrastructure.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US