M&A Deal Summary

Primary Wind Power Acquires Infigen Energy - US Wind Business

On July 15, 2015, Primary Wind Power acquired renewable energy company Infigen Energy - US Wind Business from Iberdrola Australia for 273M USD

Acquisition Highlights
  • This is Primary Wind Power’s 1st transaction in the Renewable Energy sector.
  • This is Primary Wind Power’s largest (disclosed) transaction.
  • This is Primary Wind Power’s 1st transaction in the United States.

M&A Deal Summary

Date 2015-07-15
Target Infigen Energy - US Wind Business
Sector Renewable Energy
Buyer(s) Primary Wind Power
Sellers(s) Iberdrola Australia
Deal Type Divestiture
Deal Value 273M USD

Target

Infigen Energy - US Wind Business

United States
Infigen Energy - US Wind Business comprises Class B equity interests in 18 US wind farms with a total installed capacity of approximately 1,557 MW, of which Infigen's interests comprise 1,089 MW on an economic interest basis.

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Buyer(S) 1

Buyer

Primary Wind Power

United States

Category Company
Sector Renewable Energy
DESCRIPTION

Primary Wind Power LLC is a provider of renewable energy services.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Iberdrola Australia

Sydney, Australia

website


Category Company
Founded 2003
Sector Renewable Energy
Revenue 293M AUD (2020)
DESCRIPTION

Iberdrola Australia is a major Australia’s transition to a clean energy future. Iberdrola Australia generates and sources renewable energy, increases the value of intermittent renewables by firming, and provides customers with clean, reliable, and competitively priced energy solutions. Iberdrola Australia was established in 2003 and is based in Sydney, Australia.


DEAL STATS #
Overall 1 of 2
Sector (Renewable Energy) 1 of 2
Type (Divestiture) 1 of 2
Country (United States) 1 of 2
Year (2015) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-27 Infigen Energy - 1.5 Gigawatt U.S. Solar Power Plant Pipeline

California, United States

Infigen Energy - 1.5 Gigawatt U.S. Solar Power Plant Pipeline is a provider of solar energy services.

Sell -