.
MergerLinks Header Logo

New Deal


Announced

Stonepeak to acquire 4 US onshore wind farms from Ørsted for $300m.

Financials

Edit Data
Transaction Value£234m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

onshore wind farms

Private Equity

Single Bidder

Renewable Energy Equipment

Acquisition

Pending

Domestic

Majority

Private

Infrastructure

Friendly

Synopsis

Edit

Stonepeak, an alternative investment firm, agreed to acquire 4 US onshore wind farms from Ørsted, a Danish power producer, for $300m. “The need for efficient infrastructure with the power to further the energy transition continues to grow, and onshore wind continues to play a major role in helping to meet that demand. Ørsted’s US onshore assets are young and have been built with trusted technology, which gives us confidence in their potential to make a meaningful and positive long-term impact on the communities they serve. We look forward to partnering closely with Ørsted on this highly contracted, geographically diverse portfolio,” Anthony Borreca, Stonepeak Senior Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US