M&A Deal Summary

Allianz Capital Partners Acquires OX2 Group - 21 MW Wind Power

On January 12, 2016, asset manager Allianz Capital Partners acquired renewable energy company OX2 Group - 21 MW Wind Power from OX2

Acquisition Highlights
  • This is Allianz Capital Partners’ 2nd transaction in the Renewable Energy sector.
  • This is Allianz Capital Partners’ 1st transaction in Finland.

M&A Deal Summary

Date 2016-01-12
Target OX2 Group - 21 MW Wind Power
Sector Renewable Energy
Buyer(s) Allianz Capital Partners
Sellers(s) OX2
Deal Type Divestiture

Target

OX2 Group - 21 MW Wind Power

Finland
OX2 Group's 21 MW Wind Power is at Jouttikallio, around 80 km from Vaasa, has a capacity of 21 megawatts and will satisfy the electricity demands of around 12,600 households. OX2 Group's 21 MW Wind Power is based in Finland.

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Buyer(S) 1

Buyer

Allianz Capital Partners

Munich, Germany

Investor Investor Investor


Category Asset Manager
Founded 1996
PE ASSETS 50.3B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Allianz Capital Partners is the asset management affiliate of the Allianz Group. The Firm operates in three segments, including Private Equity, Renewable Energy, and Infrastructure. The Private Equity investment group primarily pursues venture and private equity fund investments, however the group is an active co-investor, looking to support buyouts and growth capital financings in a variety of sectors. The Renewables Group seeks investments in long-term wind and solar projects. The Infrastructure team pursues energy and transportation infrastructure projects. Allianz Capital Partners was formed in 1996 and has offices in Munich, London, New York, and Singapore.


DEAL STATS #
Overall 11 of 19
Sector: Renewable Energy M&A 2 of 3
Type: Divestiture M&A Deals 2 of 4
Country: Finland M&A 1 of 2
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-12 Selecta

Steinhausen, Switzerland

Selecta is a vending and coffee services company operating more than 145,000 vending machines and serving more than 6 million consumers daily. Selecta was formed in 1957 and is based in Steinhausen, Switzerland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-25 Delgaz Grid

Targu Mures, Romania

Delgaz Grid is a provider of natural gas and electricity distribution services. Delgaz Grid is based in Targu Mures, Romania.

Buy -

Seller(S) 1

SELLER

OX2

Stockholm, Sweden

Category Company
Founded 2004
Sector Renewable Energy
Revenue 463M EUR (2019)
DESCRIPTION

OX2 develops, builds, finances and manages renewable energy plants in the Nordic countries. Company strive towards a 100 % sustainable and renewable energy sector. Company has generated approximately 1,200 MW of wind power. OX2 was founded in 2004 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 1 of 2
Sector: Renewable Energy M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
Country: Finland M&A 1 of 1
Year: 2016 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-28 Andberg Vind

Stockholm, Sweden

Åndberg Vind is a project for a wind farm. Once operational, in 2021, it is expected to produce in excess of 800GWh per year. The 53-turbine wind farm will be one of the largest in Sweden, which is a world leader in the innovation and development of sustainable energy. Andberg Vind is based in Stockholm, Sweden.

Sell -