Long Life Capital-backed Sitka Power to acquire Synex for CAD25.2m.

Long Life Capital-backed Sitka Power, a Canadian renewable energy developer and independent power producer, agreed to acquire Synex, a renewable energy projects owner, developer and operator, for CAD25.2m. "We are very excited to announce this Transaction. The execution of a definitive agreement is the culmination of a lot of effort by the parties, as well as their advisors and stakeholders. Synex's British Columbia based and technologically diverse portfolio of operating, construction ready, and development projects provides a strategic and timely opportunity for Sitka to scale its platform. We look forward to progressing the Transaction to close over the coming months," Trevor White, Sitka President and CEO.