.
MergerLinks Header Logo

New Deal


Announced

Completed

Octopus Renewables Infrastructure Trust completed the acquisition of four Irish solar farms.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Ireland

Renewable Energy Equipment

solar farms

Majority

Acquisition

Cross Border

Private

Completed

Friendly

Single Bidder

Private Equity

Synopsis

Edit

Octopus Renewables Infrastructure Trust, an investment company, completed the acquisition of four Irish solar farms. Financial terms were not disclosed. "We are pleased to have completed this substantial acquisition, which sees ORIT become the owner of Ireland's largest solar complex which will deliver a substantial amount of green electricity. Projects like this are vital to accelerating the journey to net zero. We have been delighted to partner with Statkraft as a highly experienced developer and Microsoft as the offtaker," Phil Austin, Octopus Renewables Infrastructure Trust Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US