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New Deal


Announced

Completed

Eagle Creek Renewable Energy completed the acquisition of Lightstar Renewables from Elda River Capital and Magnetar.

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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Domestic

Private

Private Equity

Completed

Friendly

Single Bidder

United States

solar farms

Alternative Fuels

Acquisition

Majority

Synopsis

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Eagle Creek Renewable Energy, a renewable power projects company, completed the acquisition of Lightstar Renewables, a developer of solar farms, from private equity firms Elda River Capital and Magnetar. Financial terms were not disclosed. “We are pleased to add Lightstar’s clean energy assets and development capabilities to the Eagle Creek portfolio. Through our ongoing operations and acquisitions, Eagle Creek is playing a key role in driving the transition to a clean energy economy," Neal Simmons, Eagle Creek President and CEO.

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