Announced
Financials
Tags
Cross Border
Pending
Renewable Energy Equipment
Private
renewable energy
power producer
United States
Acquisition
Majority
Private Equity
Friendly
Single Bidder
Synopsis
Qualitas Energy, a global investment and management platform, agreed to acquire Heelstone Renewable Energy, a US utility-scale renewable energy platform, from Ares Management, a global alternative investment manager. Financial terms were not disclosed. “This acquisition aligns perfectly with Qualitas Energy’s long-term goals, accelerating the development of renewable energy projects in the United States. We are committed to re-establishing it as one of our core markets, leveraging our expertise and successful track record, along with the favorable environment for energy transition projects and the strong and valuable capabilities from Heelstone,” Iñigo Olaguíbel, Qualitas Energy Founding Partner & CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.