M&A Deal Summary

I Squared Capital Acquires Absolute Energy

On October 4, 2023, infrastructure investor I Squared Capital acquired renewable energy company Absolute Energy

Acquisition Highlights
  • This is I Squared Capital’s 7th transaction in the Renewable Energy sector.
  • This is I Squared Capital’s 1st transaction in Italy.

M&A Deal Summary

Date 2023-10-04
Target Absolute Energy
Sector Renewable Energy
Buyer(s) I Squared Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Absolute Energy

Rome, Italy
Absolute Energy is a renewable energy developer focusing on photovoltaic generation in Italy. Absolute Energy was founded in 2009 and is based in Rome, Italy.

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Buyer(S) 1

DESCRIPTION

I Squared Capital is a global infrastructure investment manager focusing on energy, utilities, and transportation assets in North America, Europe, and select high growth economies. I Squared Capital was established in 2012 and is headquartered in New York City.


DEAL STATS #
Overall 44 of 54
Sector: Renewable Energy M&A 7 of 7
Type: Buyout (LBO, MBO, MBI) M&A Deals 18 of 20
Country: Italy M&A 1 of 1
Year: 2023 M&A 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-02 Rentco Transport Equipment Rentals

High Wycombe, Australia

Rentco Transport Equipment Rentals is a provider of heavy-duty transport rental equipment on a short-, medium-, or long-term basis. Rentco Transport Equipment Rentals was founded in 1994 and is based in High Wycombe, Western Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-19 Arriva

Sunderland, United Kingdom

Arriva is a provider of transportation services. Arriva was founded in 1938 and is based in Sunderland, United Kingdom.

Buy -