Announced
Financials
Tags
Australia
Acquisition
Private
Pending
Single Bidder
renewable energy
Alternative Fuels
Cross Border
Majority
Friendly
Synopsis
Alteration Earth, a special purpose acquisition company, agreed to acquire Verdant Earth Technologies, a green energy solutions company, for £125m ($161m). "This is a very exciting opportunity to bring an asset backed, renewable energy business with a clear, scalable, and deliverable growth plan to the public markets. The Verdant business aligns perfectly with ALTE's ambition to change the way we use earth's resources for the better," Matthew Beardmore, ALTE Director.
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