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Announced

Completed

Matrix Renewables completed the acquisition of Pleasant Valley Solar Project from rPlus Energies.

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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solar project

United States

Renewable Energy Equipment

Single Bidder

Friendly

Completed

Acquisition

Domestic

Private

Private Equity

Majority

Synopsis

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Matrix Renewables, a global renewable energy platform, completed the acquisition of Pleasant Valley Solar Project, a 200 MWac / 261 MWdc solar project, from rPlus Energies, an environmental renewable natural resources company. Financial terms were not disclosed. "We are very pleased with the acquisition of the Pleasant Valley Solar Project and look forward to begin construction and finalize project financing over the coming months," Cindy Tindell, Matrix Renewables Managing Director and Head of US.

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