M&A Deal Summary

Innergex Renewable Energy Acquires Energia Llaima

On May 15, 2018, Innergex Renewable Energy acquired renewable energy company Energia Llaima

Acquisition Highlights
  • This is Innergex Renewable Energy’s 3rd transaction in the Renewable Energy sector.
  • This is Innergex Renewable Energy’s 1st transaction in Chile.

M&A Deal Summary

Date 2018-05-15
Target Energia Llaima
Sector Renewable Energy
Buyer(s) Innergex Renewable Energy
Deal Type Add-on Acquisition

Target

Energia Llaima

Santiago, Chile
Energia Llaima innovates the energy generation industry by designing and operating low and medium-scale hydraulic and solar thermal plants. Energia Llaima is based in Santiago, Chile.

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Buyer(S) 1

Buyer

Innergex Renewable Energy

Longueuil, Quebec, Canada

Category Company
Founded 1990
Sector Renewable Energy
Employees600
Revenue 952M CAD (2024)
DESCRIPTION

Innergex Renewable Energy develops, owns and operates run-of-river hydroelectric facilities, wind farms and solar photovoltaic farms. Innergex Renewable Energy was founded in 1990 and is based in Longueuil, Quebec.


DEAL STATS #
Overall 3 of 5
Sector: Renewable Energy M&A 3 of 5
Type: Add-on Acquisition M&A Deals 3 of 4
Country: Chile M&A 1 of 3
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-30 Alterra Power

Vancouver, British Columbia, Canada

Alterra Power Corp. is a global renewable energy company, operating six power plants totaling 568 MW of generation capacity, including British Columbia's largest run-of-river hydro facility and largest wind farm, two geothermal facilities in Iceland, and a geothermal plant in Nevada. Alterra owns a 262 MW share of this capacity, generating approximately 1,300 GWh of clean power annually.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-14 Etrion - PV Salvador

Chile

Etrion Corp. - PV Salvador SpA is a 68 MW solar power plant operating in northern Chile. Salvador has several years of strong generation track record and is expected to generate 182.2 GWh annually, enough to power more than 70,000 Chilean households with clean energy.

Buy -