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Announced

Completed

EDF completed the acquisition of Contact Solar.

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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solar solutions

Renewable Energy Equipment

Private

Completed

Friendly

United Kingdom

energy company

Acquisition

Cross Border

Majority

Single Bidder

Synopsis

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EDF, a generator of zero carbon electricity, completed the acquisition of Contact Solar, a solar panel and battery installer. Financial terms were not disclosed. "We are delighted that EDF has chosen to acquire Contact Solar. We’ve experienced exponential growth in recent years thanks to the extraordinary competencies of our highly skilled workforce, who are incredibly passionate and dedicated. And this strategic move will not only accelerate our business growth but will also enable us to continue providing exceptional service to our customers, which has always been our top priority," Tom Taylor, Contact Solar Director.

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