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New Deal


Announced

Hydro Rein to acquire GreenGo Energy.

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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Single Bidder

Friendly

Pending

Acquisition

Cross Border

Majority

Private

Denmark

solar projects

Renewable Energy Equipment

Synopsis

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Hydro Rein, a provider of renewable energy solutions, agreed to acquire GreenGo Energy, a utility-scale renewable energy company that specializes on solar, wind, storage, hydrogen, and hybrid solutions. Financial terms were not disclosed. “This significant agreement concerning a 410 MW solar portfolio in Denmark marks our third partnership agreement with Hydro Rein. We are very pleased to see this expansion of our partnership with Hydro Rein to GW scale. With Hydro’s financial strength, experience in renewable investments and strong industrial presence in the Nordic power market we will together have a great and scalable platform,” Karsten Nielsen, GreenGo EnergyCEO.

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