Eurowind Energy has acquired Wind 1 through a share purchase mechanism.

The company will pay €12.2 ($15.1) in cash per share of Saeta Yield, which will be funded through an equity offering of $400m and $800m of liquid resources.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

TerraForm Power is a US-based renewable energy company, while Saeta Yield is a Spanish renewable energy company.

“Eurowind Energy has acquired Wind 1 through a share purchase mechanism.”

Aker Solutions has acquired a 5% stake in Principle Power, a floating windpower technology company based in the US.

Aker Solutions also holds an option to further increase ownership and proposes to acquire an additional 10% stake in Principle Power by the end of 2018.

Based in Norway, Aker Solutions is a provider of subsea production equipment and offshore field design services. The acquisition will broaden the firm’s offshore oil and gas field engineering expertise and create a broader market for Principle Power’s floating foundation technology.

Eurowind Energy has acquired Wind 1 through a share purchase mechanism.

Both the companies are based in Denmark and are engaged in the development of windfarms.

Just Energy Group has entered a sale and purchase agreement to acquire all of EdgePower’s issued and outstanding shares for $20m.

Conducted through Just Energy Group’s subsidiary, the company will pay $14m at closure, including approximately $7m cash and $7m in common shares. There will also be a one-time performance-based pay-out that is payable after three years subject to a maximum of $6m.

The acquisition will enable Just Energy to apply innovative technological methods to improve customer experience.

Just Energy Group is a Canadian retail energy services provider, while EdgePower is an energy monitoring and management company based in the US.