M&A Deal Summary |
|
|---|---|
| Date | 2021-07-23 |
| Target | Terra Solar II - 400 MW Solar Assets Portfolio |
| Sector | Renewable Energy |
| Buyer(s) | Power Capital Renewable Energy |
| Sellers(s) | Terra Solar |
| Deal Type | Divestiture |
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Power Capital Renewable Energy is a solar firm focused on transforming the business from purely development into a fully integrated “Independent Power Producer”. The company will continue to acquire further assets in the market along with the continued development of its own pipeline over the coming years. Power Capital Renewable Energy is based in Dublin, Ireland.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Renewable Energy) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Ireland) | 1 of 1 |
| Year (2021) | 1 of 1 |
Terra Solar is a solar energy development company helping the country lead the way in developing renewable energy sources and increasing our energy independence. The company's business is to exclusively develop, finance, construct and operate solar farms on the island of Ireland. It partners with commercial enterprises and private landowners to identify suitable sites for solar development and subsequently bring those sites from the planning and grid approval stage through to fully operational solar farms. Terra Solar was formed in 2016 and is based in Dublin, Ireland.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Renewable Energy) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Ireland) | 1 of 1 |
| Year (2021) | 1 of 1 |
