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Announced

Svea Solar to acquire two solar parks in central Sweden from Sakofall Energi.

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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Renewable Energy Equipment

Sweden

solar parks

Acquisition

Majority

Pending

Friendly

Domestic

Infrastructure

Private

Single Bidder

Synopsis

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Svea Solar, an integrated solar installer, agreed to acquire two solar parks in central Sweden from Sakofall Energi, an energy company. Financial terms were not disclosed. "We are pleased to have reached an agreement on these projects. In addition to our own projects, this is an excellent addition to our portfolio. These parks will contribute a significant amount of renewable energy to the region for many years to come," Pontus Skog, Svea Solar, Head of Solar Park Development.

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