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Announced

Completed

Intermediate Capital Group led a €100m funding in CVE.

Financials

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Transaction Value£88m
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

France

Acquisition

Cross Border

Completed

Friendly

Minority

Private

Single Bidder

Private Equity

Synopsis

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Intermediate Capital Group, a global alternative asset manager, led a €100m funding in CVE, a renewable energy company. “CVE has experienced very strong growth since we first invested in 2020 and has strengthened its position as a leading independent producer of renewable energy. We are delighted to renew our confidence in the company, its founding partners and the management team and support CVE in this new phase of the company’s history by providing additional financial resources to support its future growth,” Guillaume d’Engremont, ICG Head of European infrastructure investment strategy.

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