M&A Deal Summary |
|
|---|---|
| Date | 2022-03-01 |
| Target | Aneo |
| Sector | Renewable Energy |
| Buyer(s) |
HitecVision
TronderEnergi |
| Deal Type | Joint Venture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1985 |
| PE ASSETS | 8.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
HitecVision is a private equity firm specializing in buyouts and growth capital investments in the oil and gas industry. The Firm targets investments in middle-market companies throughout North America (primarily US) and Northern Europe (primarily Norway and the UK). HitecVision seeks companies with growth potential and unique technologies. The Firm looks to invest €150 to €500 million in companies. Specific areas of interest include drilling/down-hole, exploration/production, field development, mid- and downstream, and subsurface. HitecVision was formed in 1985 and is based in Stavanger. The Firm has additional offices in Oslo and Texas.
| DEAL STATS | # |
|---|---|
| Overall | 59 of 64 |
| Sector: Renewable Energy M&A | 2 of 4 |
| Type: Joint Venture M&A Deals | 2 of 4 |
| Country: Norway M&A | 41 of 44 |
| Year: 2022 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-16 |
Var Energi
Stavanger, Norway Var Energi is an independent exploration and production (E&P) company on the Norwegian continental shelf (NCS) with an average production of more than 170,000 barrels of oil equivalent per day. The company operates oil and gas production across the entire shelf, with fields in the Barents Sea, the Norwegian Sea, and the North Sea. Var Energi was founded in 2018 and is based in Stavanger, Norway. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-20 |
Hafslund Oslo Celsio
Oslo, Norway Hafslund Oslo Celsio is a heating provider. Company delivers sustainable district heating and power to commercial and residential properties throughout Oslo, providing heating and hot water to more than 200,000 people. Hafslund Oslo Celsio was founded in 2017 and is based in Oslo, Norway. |
Buy | - |
TronderEnergi is a power company, that operates hydroelectric power plants and wind farms, as well as the power grid in the southern parts. TronderEnergi was founded in 1950 and is based in Trondheim, Norway.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Renewable Energy M&A | 1 of 1 |
| Type: Joint Venture M&A Deals | 1 of 1 |
| Country: Norway M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |