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Announced

Completed

Nofar Energy, Noy Fund and Eranovum completed the €132m investment in Sabinar Hive two solar PV plants.

Financials

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Transaction Value£113m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Acquisition

Minority

Private

Friendly

Single Bidder

Spain

photovoltaic plants

Renewable Energy Equipment

Private Equity

Cross Border

Synopsis

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Nofar Energy, a renewable energy investment firm, Noy Fund, an infrastructure and energy fund in Israel, and Eranovum, an independent Spanish energy producer, completed the €132m investment in two solar PV plants owned by Sabinar Hive, a ground-mounted solar project. Financial terms were not disclosed. "We want to continue leading the energy transition with projects that have a direct impact on the decarbonisation of our energy mix," José Luis Aguirre, Eranovum Co-Founder and Managing Partner.

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