DC Advisory advises Terra Solar on the sale of a portfolio of solar assets
Background
- Terra Solar is one of the leading solar development companies in Ireland and was founded by Andre Fernon and David Fewer in 2016
- In addition to retaining a minority stake in the portfolio sold, Terra Solar is actively developing a further 600 MW pipeline of solar projects across Ireland
- Power Capital Renewable Energy is a solar energy development company established in Ireland in 2011. Since 2020, Power Capital has been backed by French private equity firm Omnes Capital
Process
- DC Advisory was engaged by Terra Solar to act as the financial advisor in relation to its proposed sale of a portfolio of solar assets located in Co. Cork and Co. Wexford
- DC Advisory worked with Terra Solar to engage a global group of potential acquirers and leveraged its knowledge of the energy, power and renewables space to identify a tailored group of appropriate buyers
- DC Advisory provided hands-on support and comprehensive strategic advice on all aspects of the transaction
Outcome
- Terra Solar sold a majority interest in a 400 MW portfolio of solar development assets to Power Capital Renewable Energy
- This transaction further showcases DC Advisory’s expertise in the Energy and Renewables sector
“Thank you to the DC Advisory team for their advice and assistance on this important transaction for Terra Solar. DC Advisory's deep sector understanding, international reach and process management skills have helped drive a highly satisfactory result for the Business and its shareholders.”
Date
Sectors
- Infrastructure
Deal type
- M&A Advisory
Deal locations
Deal team
Managing Director, DC Advisory Ireland
Actions
Disclaimer
For more information, please see our transaction disclaimer
For important information regarding testimonials, please see our disclaimer.