Atlantica Sustainable Infrastructure acquired by Energy Capital Partners
Energy Capital Partners acquires Atlantica Sustainable Infrastructure for $22 per share, valuing the company at $2.5 billion. This transaction, supported by the company’s main shareholders, is designed to strengthen the company’s green growth.
| Countries | Moldavie, Roumanie |
|---|---|
| Companies | Energy Capital Partners, Algonquin Power & Utilities Corp., Atlantica Sustainable Infrastructure, Liberty (AY Holdings), B.V. |
| Sector | Énergie Biomasse, Énergie Éolienne, Énergie Solaire |
| Theme | Investissements & Transactions |
Atlantica Sustainable Infrastructure announces the signing of a definitive agreement with a private company controlled by ECP (Energy Capital Partners). The transaction, valued at $2.5 billion, represents a premium of 18.9% to Atlantica’s closing share price on April 22, 2024. ECP, an investor in energy transition, electrification and decarbonization infrastructure, will be joined by a large group of institutional co-investors. The acquisition will be carried out under a scheme of arrangement in accordance with the UK Companies Act 2006. Algonquin Power & Utilities Corp. and Liberty (AY Holdings), B.V., which hold around 42.2% of Atlantica’s shares, have entered into a support agreement with Bidco to vote in favor of the plan.
Comments
Sign in to leave a comment.