M&A Deal Summary |
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|---|---|
| Date | 2015-05-07 |
| Target | Renova - 336 MW Hydropower Assets |
| Sector | Renewable Energy |
| Buyer(s) | SunEdison |
| Sellers(s) | Renova Energia S.A. |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | Renewable Energy |
| Employees | 7,260 |
| Revenue | 2.5B USD (2014) |
SunEdison is a global renewable energy development company and is transforming the way energy is generated, distributed, and owned around the world. The company develops, finances, installs, owns and operates renewable power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers. SunEdison was founded in 1984 and is based in St. Peters, Montana.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 14 |
| Sector: Renewable Energy M&A | 6 of 9 |
| Type: Divestiture M&A Deals | 3 of 4 |
| Country: Brazil M&A | 1 of 1 |
| Year: 2015 M&A | 3 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-07 |
Alto Cielo S.A.
Uruguay Alto Cielo, S.A., a special purpose vehicle owning a 26 MW solar power project under construction in Uruguay. The project is contracted under a U.S. dollar-denominated, 28-year PPA with the National Administration of Power Plants and Electrical Transmissions (UTE), Uruguay's state-owned utility. Under the terms of the PPA, UTE will purchase all energy produced by the Alto Cielo project for the duration of the contract. Uruguay is one of a select group of investment-grade markets in the region. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-16 |
Globeleq
St. Peter Port Guernsey, United Kingdom Globeleq has a strong management team dedicated to the development of greenfield power generation projects in the emerging markets. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Renewable Energy |
| Employees | 350 |
Renova Energia is a Brazilian company of renewable electricity generation operating in wind arrays, small hydropower (SHP) and solar. Since 2009 its performance is heavily concentrated in wind power projects, a market which is a pioneer and holds leadership, and owns the largest wind farm in Latin America, located in Bahia.As prominent gap in its performance, is qualified to operate in an integrated manner the various power generation chain stages, performing prospecting, structuring, execution and operation of projects.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Renewable Energy M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Brazil M&A | 1 of 1 |
| Year: 2015 M&A | 1 of 1 |