Divestiture • Renewable Energy

Power Capital Renewable Energy Acquires Terra Solar II - 400 MW Solar Assets Portfolio

On July 23, 2021, Power Capital Renewable Energy acquired renewable energy company Terra Solar II - 400 MW Solar Assets Portfolio from Terra Solar

Acquisition Context
  • This is Power Capital Renewable Energy’s 1st transaction in the Renewable Energy sector.
  • This is Power Capital Renewable Energy’s 1st transaction in Ireland.

Explore All 315 Divestiture Renewable Energy Deals - Search the Database Free


M&A Deal Summary

Date July 23, 2021
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

Target Company

Terra Solar II - 400 MW Solar Assets Portfolio

Dublin, Ireland
Terra Solar II's 400 MW Solar Assets Portfolio is a provider of renewable energy to boost the growth of solar energy in Ireland.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Power Capital Renewable Energy

Dublin, Ireland

Category Company
Sector Renewable Energy
DESCRIPTION

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 Context for Buyer #
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

Seller Profile 1

SELLER

Terra Solar

Dublin, Ireland

Category Company
Founded 2016
Sector Renewable Energy
DESCRIPTION

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 Context for Seller #
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

Explore Related M&A Activity