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New Deal


Announced

Completed

Finerge completed the acquisition of five wind farms from Onex Renewables.

Financials

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

Sources

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Tags

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Friendly

wind farms

Acquisition

Private

Portugal

Infrastructure

Renewable Energy Equipment

Domestic

Majority

Completed

Single Bidder

Synopsis

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Finerge, a renewable energy producer, completed the acquisition of five wind farms from Onex Renewables, a renewable energy company. Financial terms were not disclosed. "This business puts us one step ahead in our strategic plan, made possible by the recent refinancing operation. It will also complement the effort to build 'greenfield' projects [from scratch], which will accelerate in 2023," Pedro Norton, Finerg CEO.

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