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Atiaia Renováveis completed the acquisition of two solar power pants from Ibitu Energia for $71m.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Single Bidder

Brazil

Alternative Fuels

Domestic

Private

solar power

Acquisition

Majority

Completed

Friendly

Synopsis

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Atiaia Renováveis, an alternative energy company, completed the acquisition of two solar power pants from Ibitu Energia, a wind farms and hydroelectric plants owner, for $71m.

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