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New Deal


Announced

Statkraft to acquire Enerfin from Elecnor Group for €1.8bn.

Financials

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Transaction Value£1,573m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

Acquisition

Spain

Single Bidder

Renewable Energy Equipment

Pending

alternative energy

renewable energy

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Synopsis

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Statkraft, Europe’s largest generator of renewable energy and a global player in energy market operations, agreed to acquire Enerfin, a Spanish renewable energy company, from Elecnor Group, a Spanish engineering and construction business, for €1.8bn. "This is a milestone acquisition for Statkraft. Enerfin is a solid, well-run company with a highly competent organisation and an attractive portfolio that fits well with Statkraft’s current activities. The deal will create further value for the customers, our owner and society as it constitutes a major contribution to the green energy transition towards zero emissions," Christian Rynning-Tønnesen, Statkraft CEO.

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