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Announced

Completed

Macquarie completed the acquisition of a 50% stake in Enel Green Power Hellas from Enel for $381m.

Financials

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Transaction Value£296m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Greece

Acquisition

Private

Single Bidder

green energy

Alternative Fuels

Cross Border

Majority

Friendly

Private Equity

Completed

Infrastructure

Synopsis

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Macquarie, a financial services group, completed the acquisition of a 50% stake in Enel Green Power Hellas, Enel's renewable subsidiary in Greece, from Enel, a manufacturer and distributor of electricity and gas, for $381m. Following the transaction’s closing, EGP and Macquarie Asset Management set up a joint venture to co-manage Enel Green Power Hellas’ current renewable generation portfolio alongside continuing to develop its project pipeline.

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