M&A Deal Summary

Gas Verde Acquires ENC Energy Group

On June 5, 2023, Gas Verde acquired oil/gas exploration company ENC Energy Group from GEF Capital Partners

Acquisition Highlights
  • This is Gas Verde’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Gas Verde’s 1st transaction in Portugal.

M&A Deal Summary

Date 2023-06-05
Target ENC Energy Group
Sector Oil/Gas Exploration
Buyer(s) Gas Verde
Sellers(s) GEF Capital Partners
Deal Type Add-on Acquisition

Target

ENC Energy Group

Vila Nova de Gaia, Portugal
ENC Energy Group is a waste-to-energy solutions provider. ENC builds, owns and operates landfill gas-to-energy (“LFGTE”). ENC Energy Group was founded in 2002 and is based in Vila Nova de Gaia, Portugal.

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Buyer(S) 1

Buyer

Gas Verde

Rio de Janeiro, Brazil

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Gas Verde produces and markets biomethane from landfill biogas. Gas Verde is based in Rio de Janeiro, Brazil.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Portugal M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

DESCRIPTION

GEF Capital Partners is a private equity firm focused on acquiring and investing in growth-oriented 'sustainable' businesses. This includes operating companies that enable clean energy or improve energy efficiency, that are reducing the amount of waste, that build products using fewer or more efficient materials, or that take action to improve the quality and conservation of land. GEF Capital Partners was formed in 2018 and is based in Sao Paulo, Brazil.


DEAL STATS #
Overall 3 of 3
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Portugal M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-23 Lar Plasticos

Sao Paulo, Brazil

Lar Plasticos designs and manufacturing of sustainable plastic solutions, including waste management products, outdoor furniture, and industrial packaging, utilizing post-consumer and post-industry plastics. Lar Plasticos was founded in 2011 and is based in Sao Paulo, Brazil.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-01 Civic Renewables

Rockville, Maryland, United States

Civic Renewables is a provider of renewable energy services. Civic Renewables offers innovative solutions for the installation of residential solar energy systems. Civic Renewables is based in Rockville, Maryland.

Buy -