Announced
Financials
Sources
Tags
Friendly
Acquisition
Cross Border
Private
Single Bidder
Austria
Pending
energy
Oil Equipment and Services
Private Equity
energy equipment
Synopsis
Provincial Government of Styria, agreed to acquire Energie Steiermark, an energy distributor, from Macquarie, an investment company, for $555m. “We are delighted to have supported Energie Steiermark as it has continued to adapt to the evolving needs of the communities it serves. Energie Steiermark’s ongoing commitment to providing sustainable energy solutions to consumers and businesses will play an important role in accelerating the energy transition of Austria and its neighbours,” Hilko Schomerus, Macquarie Managing Director.
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