.
MergerLinks Header Logo

New Deal


Announced

Ontario Teachers' Pension Plan to acquire a majority stake in Sevana Bioenergy.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Cross Border

renewable electricity

Renewable Energy Equipment

Majority

Friendly

Single Bidder

Acquisition

Private

Private Equity

Pending

Synopsis

Edit

Ontario Teachers' Pension Plan, a investor and administrator of the pensions of active and retired teachers, agreed to acquire a majority stake in Sevana Bioenergy, a creator, designer, owner, and operator of large-scale anaerobic digestion projects that generate renewable natural gas. Financial terms were not disclosed. "We are pleased to partner with John and the Sevana team to help accelerate their efforts to develop advanced digester facilities that produce RNG and electricity for transportation fuel, EV charging and other forms of energy. Sevana has a demonstrated track record of success in the implementation of cutting edge RNG facilities, and we are excited by the opportunity to further scale the company as it enters its next chapter of growth," Zvi Orvitz, Ontario Teachers' Pension Plan Senior Managing Director.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US