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New Deal


Announced

Energy Capital Partners to acquire Triple Oak Power from EnCap Investments.

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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Private Equity

United States

Acquisition

Domestic

Alternative Electricity

Private

Pending

Friendly

Single Bidder

Majority

green energy supplier

Synopsis

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Energy Capital Partners, a private equity firm, agreed to acquire Triple Oak Power, a green energy supplier, from EnCap Investments, a private equity firm. Financial terms were not disclosed. "ECP is excited to work with Triple Oak Power to execute our shared mission of delivering cost-effective, clean energy to consumers. Triple Oak’s talented team shares our passion for developing integrated, diverse, and sustainable electricity infrastructure and has leveraged its senior executives’ deep experience in renewables to execute on a unique strategic vision. ECP has a longstanding history of investing at scale in the renewable energy space and we look forward to applying our expertise and capital to facilitate Triple Oak’s continued growth," Schuyler Coppedge, ECP Partner.

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