M&A Deal Summary |
|
|---|---|
| Date | 2014-11-19 |
| Target | First Wind Holdings |
| Sector | Renewable Energy |
| Buyer(s) |
TerraForm Power
SunEdison |
| Sellers(s) | Madison Dearborn Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.4B USD |
| Advisor(s) | Goldman Sachs (Financial) Davis Polk & Wardwell (Legal) |
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| Category | Company |
|---|---|
| Founded | 2014 |
| Sector | Renewable Energy |
| Employees | 177 |
| Revenue | 1.1B USD (2020) |
TerraForm Power is a renewable energy company that is changing how energy is generated, distributed and owned. TerraForm Power creates value for its investors by owning and operating clean energy power plants. TerraForm Power was founded in 2014 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 8 |
| Sector (Renewable Energy) | 2 of 8 |
| Type (Add-on Acquisition) | 1 of 3 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 2 of 6 |
| Year (2014) | 2 of 3 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-04 |
Hudson Energy Solar
Ramsey, New Jersey, United States Hudson Energy Solar Corp. is a provider of renewable energy services to commercial and residential customers. |
Buy | $56M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-22 |
Capital Dynamics - 77.6 MW of Distributed Solar Power Plants
United States Capital Dynamics - 77.6 MW of Distributed Solar Power Plants is a provider of renewable energy services. |
Buy | $21M |
| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | Renewable Energy |
| Employees | 7,260 |
| Revenue | 2.5B USD (2014) |
SunEdison is the largest global renewable energy development company and is transforming the way energy is generated, distributed, and owned around the world. The company develops, finances, installs, owns and operates renewable power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers. SunEdison is one of the world's largest renewable energy asset managers and provides customers with asset management, operations and maintenance, monitoring and reporting services.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 14 |
| Sector (Renewable Energy) | 4 of 9 |
| Type (Add-on Acquisition) | 4 of 8 |
| State (Massachusetts) | 2 of 2 |
| Country (United States) | 7 of 9 |
| Year (2014) | 3 of 3 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-07-03 |
Silver Ridge Power
Arlington, Virginia, United States AES Solar Energy, Ltd. Is formed to develop, own and operate a global portfolio of utility-scale solar photovoltaic installations. |
Buy | $179M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-07 |
SunEdison - 26 Megawatts Of Distributed Generation Solar Power Plants
United States SunEdison - 26 Megawatts Of Distributed Generation Solar Power Plants portfolio has high quality counterparties including municipalities, schools and businesses and is geographically diverse, with plants located in seven US states. These assets are expected to increase annual CAFD by approximately $5 million on an unlevered basis. The 21 power plants have long-term contracts with an average remaining life of 20 years. |
Sell | $47M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 28.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Madison Dearborn Partners (MDP) is a large private equity firm that targets buyouts of private or publicly held companies, divestitures of larger companies, recapitalizations of family-owned or closely-held companies, acquisition-oriented financings, and financings to fund internal growth. MDP's target investment size is $100 to $600 million in buyout oriented transactions and $100 to $400 million in growth capital commitments. Areas of interest include basic industries (natural resources, chemicals, energy and power, automotive, building products, food, metals and mining, refining, paper, packaging and forest products, and general manufacturing), as well as communications, consumer products/services, financial services, and healthcare. Madison Dearborn Partners was formed in 1992 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 50 of 70 |
| Sector (Renewable Energy) | 1 of 1 |
| Type (Add-on Acquisition) | 19 of 31 |
| State (Massachusetts) | 2 of 2 |
| Country (United States) | 46 of 62 |
| Year (2014) | 6 of 6 |
| Size (of disclosed) | 7 of 26 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-10-14 |
Schrader International
Englewood, Colorado, United States Schrader is a manufacturer and only vertically integrated supplier of Tire Pressure Monitoring Systems (“TPMS”) and the leader in fluid control components for a diverse range of automotive and industrial end markets. |
Sell | $1.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-16 |
Kaufman Hall & Associates
Skokie, Illinois, United States Kaufman, Hall & Associates provides management consulting services and enterprise performance management software to enable data-driven analysis and transform financial, operational, and strategic planning and results. |
Buy | - |
