M&A Deal Summary

EDF Renewable Energy Acquires OwnEnergy

On August 25, 2015, EDF Renewable Energy acquired renewable energy company OwnEnergy

Acquisition Highlights
  • This is EDF Renewable Energy’s 3rd transaction in the Renewable Energy sector.
  • This is EDF Renewable Energy’s 4th transaction in the United States.
  • This is EDF Renewable Energy’s 1st transaction in New York.

M&A Deal Summary
Date 2015-08-25
Target OwnEnergy
Sector Renewable Energy
Buyer(s) EDF Renewable Energy
Deal Type Add-on Acquisition
Advisor(s) Marathon Capital LLC (Financial)

Target

OwnEnergy

Brooklyn, New York, United States
OwnEnergy, Inc. is a developer of mid-sized wind projects.

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Buyer(S) 1

Buyer

EDF Renewable Energy

San Diego, California, United States
Category Company
Founded 1987
Sector Energy Services and Equipment
DESCRIPTION

EDF Renewable Energy is one of the renewable energy players in the U.S. market and owns more than 1,400 MW of renewable power generation assets and more than 6,000MW of O&M service contracts through its affiliate company, EDF Renewable Services.

DEAL STATS #
Overall 4 of 7
Sector (Renewable Energy) 3 of 5
Type (Add-on Acquisition) 4 of 7
State (New York) 1 of 2
Country (United States) 4 of 7
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-16 EDF Renewable 97.5 MW Wind Generation Facility

Lake Benton, Minnesota, United States

EDF Renewable 97.5 megawatt (MW) wind generation facility,producing electricity under existing power purchase agreements.

Sell $48M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-25 Global Resource Options

While River Junction, Vermont, United States

Global Resource Options, Inc. (dba groSolar) is a privately owned company, which provides development and turnkey engineering, procurement, and construction (EPC) of solar photovoltaic (PV) projects for developers, financiers, utilities, corporate, government, and other institutional clients.

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