Add-on Acquisition • Renewable Energy

Vattenfall AB Acquires Vindstød.dk

On December 7, 2016, Vattenfall AB acquired renewable energy company Vindstød.dk

Acquisition Context
  • This is Vattenfall AB’s 1st transaction in the Renewable Energy sector.
  • This is Vattenfall AB’s 1st transaction in Denmark.

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M&A Deal Summary

Date December 7, 2016
Target Vindstød.dk
Sector Renewable Energy
Buyer(s) Vattenfall AB
Deal Type Add-on Acquisition

Target Company

Vindstød.dk

Denmark
Vindstød.dk is a provider of wind power to Danish customers.
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Buyer Overview 1

Buyer

Vattenfall AB

Solna, Sweden

Category Company
Founded 1909
Sector Electrical Equipment
Employees31,819
DESCRIPTION

Elenia owns the second largest electricity distribution network in Finland. Headquartered in Tampere, it serves around 410,000 customers and has a 12% market share. The business is regulated on a four-year cycle, delivering a set return on its regulated asset base. The electricity distribution business accounts for approximately 85% of Elenia’s overall value.


Deal Context for Buyer #
Overall 1 of 2
Sector: Renewable Energy 1 of 1
Type: Add-on Acquisition 1 of 2
Country: Denmark 1 of 1
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-26 VPC Group

Solna, Sweden

VPC is an engineering and laboratory services company in the energy sector. The Company specializes in the power plant and energy sector. VPC Group is based in Solna, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-21 iSupplyEnergy

Bournemouth, United Kingdom

iSupplyEnergy is a gas and electricity supplier. iSupplyEnergy offers cheap gas, electricity and dual fuel tariffs. iSupplyEnergy was established in 2012 and is headquartered in Bournemouth, UK.

Buy -