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New Deal


Announced

Mitsui, EDF and Forsee Power to invest in NEoT Capital.

Financials

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

Tags

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energy transition

Renewable Energy Equipment

Acquisition

Cross Border

Minority

Pending

renewable energy

Friendly

Single Bidder

France

financing solutions

Private

Synopsis

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Mitsui, EDF and Forsee Power agreed to invest in NEoT Capital, a provider of turnkey services to accelerate energy transition. Financial terms were not disclosed. "The presence of Mitsui in the capital will be a great asset in the development of NEoT. They are a very strategic player in the energy and electromobility fields – with participations in hundreds of companies and projects worldwide all along the value chains – which combined with their expertise in complex financing and asset management will give NEoT even more access to decarbonization projects to finance in the future," Christophe Gurtner, Forsee Power CEO and NEoT Chairman.

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