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New Deal


Announced

JERA to acquire Parkwind from Virya Energy for €1.5bn.

Financials

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Transaction Value£1,361m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

wind farms

Alternative Electricity

Belgium

Cross Border

Private Equity

Majority

Pending

Single Bidder

Private

Acquisition

Synopsis

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JERA, a global energy firm, agreed to acquire Parkwind, a wind energy company, from Virya Energy, a renewable energy company, for €1.5bn. “I am very enthusiastic about our announcement today. As we communicated last summer, Virya had initiated an assessment of possible strategic development options for our offshore wind energy activities, operated through our subsidiary Parkwind, to ensure that it would have the best possible conditions to execute its ambitious growth plan in a rapidly changing industry," Paul Tummers, Virya Energy CEO.

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