M&A Deal Summary

Boralex Acquires Kallista Energies Renouvelables

On April 20, 2018, Boralex acquired renewable energy company Kallista Energies Renouvelables from Ardian

Acquisition Highlights
  • This is Boralex’s 2nd transaction in the Renewable Energy sector.
  • This is Boralex’s 2nd transaction in France.

M&A Deal Summary

Date 2018-04-20
Target Kallista Energies Renouvelables
Sector Renewable Energy
Buyer(s) Boralex
Sellers(s) Ardian
Deal Type Add-on Acquisition

Target

Kallista Energies Renouvelables

Paris, France
Kallista Energies Renouvelables owns and operates 15 wind farms giving a total capacity of 163 MW, which are mainly situated within a 300km radius to the north, west and south of Paris.

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Buyer(S) 1

Buyer

Boralex

Kingsey Falls, Quebec, Canada

Category Company
Founded 1982
Sector Renewable Energy
Employees832
Revenue 853M CAD (2024)
DESCRIPTION

Boralex is a power-producing company involved in developing and operating renewable energy power stations. The company has four primary power generation types: wind, hydroelectric, thermal, and solar. Boralex was founded in 1982 and is based in Kingsey Falls, Quebec.


DEAL STATS #
Overall 2 of 3
Sector: Renewable Energy M&A 2 of 3
Type: Add-on Acquisition M&A Deals 1 of 1
Country: France M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-15 Enel Green Power France SAS

Lyon, France

Enel Green Power France SAS is involved in constructing, developing and operating wind farms to generate electricity.

Buy CA$400M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-30 Boralex - Blendecques Cogeneration Plant

Kingsey Falls, Quebec, Canada

Boralex, Inc. - Blendecques Cogeneration Plant is a 12 MW Blendecques cogeneration plant that produces renewable power.

Sell -

Seller(S) 1

SELLER

Ardian

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 127.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Ardian is a mega-sized diversified investment group focused on opportunities worldwide. Ardian invests across and manages funds focused on small and mid-sized buyouts, growth capital financings, mezzanine, infrastructure, real estate, and co-investment opportunities. Ardian's small-buyouts group targets controlling interests in French, German, and Italian businesses valued up to €100 million. It's mid-sized buyout group seeks businesses valued up €1.5 billion and does not have any geographic limitations. The Infrastructure team looks for European opportunities and can commit up to €1 billion per transaction. The Mezzanine group supports junior capital commitments of €5 to €80 million. In addition to direct investing, Ardian also manages various private equity fund-of-funds. Ardian was founded in 1996 and is based in Paris.


DEAL STATS #
Overall 148 of 247
Sector: Renewable Energy M&A 1 of 3
Type: Add-on Acquisition M&A Deals 41 of 63
Country: France M&A 72 of 116
Year: 2018 M&A 6 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-05 Questel

Paris, France

Questel is a developer of IT tools to help corporations manage their intellectual property issues. Covering patents, trademarks and industrial design. Questel products and services comprise databases, search and monitoring services. Questel was founded in 1978 and is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-24 London Luton Airport

Luton, United Kingdom

London Luton Airport is a seventh largest airport in the UK and one of the fastest growing, serving over 5 million passengers per annum. London Luton Airport was founded in 1987 and is based in Luton, United Kingdom.

Sell -