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New Deal


Announced

Stellantis to acquire a 49.5% stake in 360 Energy Solar for $100m.

Financials

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Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Argentina

solar energy

Private

Single Bidder

Renewable Energy Equipment

Acquisition

Cross Border

Minority

Friendly

Pending

Synopsis

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Stellantis, a multinational automotive manufacturing corporation, agreed to acquire a 49.5% stake in 360 Energy Solar, a solar power producer, for $100m. "The investment will allow the automaker to boost renewable energy at its Ferreyra and El Palomar plants in the provinces of Cordoba and Buenos Aires, respectively," Stellantis.

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