M&A Deal Summary

EQT Acquires Zelestra

On January 1, 2021, private equity firm EQT acquired renewable energy company Zelestra

Acquisition Highlights
  • This is EQT’s 4th transaction in the Renewable Energy sector.
  • This is EQT’s 9th transaction in Spain.

M&A Deal Summary

Date 2021-01-01
Target Zelestra
Sector Renewable Energy
Buyer(s) EQT
Deal Type Buyout (LBO, MBO, MBI)

Target

Zelestra

Getxo, Spain
Zelestra is a vertically integrated developer and independent power producer, focused on utility scale renewable projects across multiple technologies with a strong international pipeline. Zelestra is based in Getxo, Spain.

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Buyer(S) 1

Buyer

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 242 of 320
Sector: Renewable Energy M&A 4 of 9
Type: Buyout (LBO, MBO, MBI) M&A Deals 71 of 85
Country: Spain M&A 9 of 11
Year: 2021 M&A 1 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-17 Certara

Princeton, New Jersey, United States

Certara engages in model-informed drug development and regulatory science, focused on optimizing drug development and improving health outcomes. Certara was founded in 2008 and is headquartered in Princeton, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-25 Wolt

Helsinki, Finland

Wolt is a technology company that makes it incredibly easy to discover and get the best restaurants, grocery stores, and other local shops delivered to home or office. Wolt works together with over 30,000 restaurant and retail partners as well as with over 60,000 courier partners across 23 countries and 129 cities. Wolt was founded in 2014 and is based in Helsinki, Finland.

Buy -