BELECTRIC sold to RWE Group’s innogy

Client BELECTRIC is a privately owned company with sales of €336m engaged in the design, installation, operation and maintenance of utility-scale photovoltaic power plants and large scale battery systems
Deal Type Sell-side
Sector Industrial, Technical Business Services
Deal The shareholders of BELECTRIC sold the company to innogy, a company of RWE Group. RWE is a leading German utility with sales of almost €50bn

What we did:

  • Exclusive adviser of the shareholders of BELECTRIC on a dual track process looking for acquirers or providers of financing
  • Conducted an international competitive sales process with potential acquirers from North America, Europe and Asia
  • Formed an attractive target for investors out of a highly complex corporate structure
  • Coordinated the due diligence