M&A Deal Summary

ENGIE Acquires Solairedirect SA

On July 1, 2015, ENGIE acquired renewable energy company Solairedirect SA

Acquisition Highlights
  • This is ENGIE’s 3rd transaction in the Renewable Energy sector.
  • This is ENGIE’s 3rd transaction in France.

M&A Deal Summary

Date 2015-07-01
Target Solairedirect SA
Sector Renewable Energy
Buyer(s) ENGIE
Deal Type Add-on Acquisition

Target

Solairedirect SA

Paris, France
Solairedirect SA is a solar power company operating across four continents. Solairedirect is a manufacturer of solar power more competitive than other energy sources.

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Buyer(S) 1

Buyer

ENGIE

Courbevoie, France

Category Company
Founded 1880
Sector Utilities
Revenue 73.8B EUR (2024)
DESCRIPTION

ENGIE is a French utility company that provides electricity generation and distribution, natural gas, and renewable energy. ENGIE was founded in 1880 and is based in Courbevoie, France.


DEAL STATS #
Overall 8 of 31
Sector: Renewable Energy M&A 3 of 11
Type: Add-on Acquisition M&A Deals 6 of 21
Country: France M&A 3 of 10
Year: 2015 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-01 La Compagnie du Vent

Montpelier, France

La Compagnie du Vent sells electricity to the EDF (Electricite de France) network under a 15-year fixed fares contract. The wind farm records three 2 MW turbines manufactured by Gamesa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-02 Solaire Direct

Paris, France

Solaire Direct designs, builds, operates, and finances large photovoltaic infrastructures as an independent photovoltaic energy producer. Solaire Direct also distributes turn-key building integrated photovoltaic solutions with associated services, such as installation, operation, financing, and maintenance.

Buy €200M