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New Deal


Announced

Completed

Danish SDG Investment Fund led a $31.5m Series C funding round in Bright.

Financials

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Transaction Value£24m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Mexico

electricity distibution

solar energy

Alternative Fuels

Acquisition

Completed

Friendly

Private

Private Equity

Cross Border

Single Bidder

Minority

Synopsis

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Danish SDG Investment Fund, a self-governing fund established by the Danish government, led a $31.5m Series C funding round in Bright, a distributed solar company. “Bright is a highly professional company, and we strongly believe that the team is able to offer high quality and affordable solar power solutions to homeowners and businesses thereby supporting the green transition in Mexico,” Thomas Hougaard, Danish SDG Investment Fund Senior Vice President & Head of Green Energy & Infrastructure.

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