Transactions

innogy SE

Acquisition of Wind Development Platform and 2GW of Wind Development Pipeline from:

Terra Firma

innogy SE (“innogy”) acquired  EverPower Wind Holdings’ (“EverPower”) US onshore wind development business by its wholly-owned subsidiary, Innogy Renewables US, LLC. The pipeline of wind projects is located across eight states (Maine, Maryland, Montana, New York, Ohio, Pennsylvania, Washington and Wyoming) with three in late stage development – Cassadaga (~126 MW), Baron Winds (~270 MW) in New York and Scioto Ridge (~200 MW) in Ohio. These projects are expected to be fully operating by 2020, with Scioto Ridge being the first targeted for 2019. Following this acquisition, innogy has become the sole owner of more than 2,000 MW of onshore wind projects in various stages of development.

Marathon Capital acted as an exclusive financial advisor to innogy on the transaction.

Segments
Marathon's Role

M&A Buy Side

Client Countries

Germany

Counter Party Countries

United Kingdom

When

July 2018