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New Deal


Announced

Ventient Energy to merge with Renantis.

Financials

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

Tags

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Italy

renewable energy plant

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Renewable Energy Equipment

Merger

Synopsis

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Ventient Energy, a non-utility developer and generator of renewable energy, agreed to merge with Renantis, a renewable energy company. Financial terms were not disclosed. “This is an exciting milestone in the growth of our companies. The synergies and complementary expertise that already exist will allow us to reach as yet untapped potential. Standing alone, our businesses are making positive steps to accelerate the energy transition and build a more sustainable energy future. But together those steps become strides, which we can transform into future leaps,” Kevin McCullough, Ventient Interim CEO.

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