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Home Deal Tracker M&A Deals

DIF to Buy Canadian Energy System BluEarth Renewables

Tim D by Tim D
May 11, 2019
in M&A Deals
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BluEarth is a leading, independent, energy manufacturer that develops, builds, owns and operates wind, hydro and solar installations. BluEarth has developed and acquired 19 solar and hydro, wind projects across North America, representing 405 MW of gross capacity. This investment fits inside the mandate to obtain infrastructure and renewable energy assets of DIF V.

The business has been known as one of the Top 75 Employers of Alberta.

“We are eager to encourage BluEarth in another phase of growth. The BluEarth team along with its own portfolio of stable renewable energy projects are an integral improvement in DIF’s continued growth in North America.”

Paul Huebener, Partner and DIF’s Head of Americas

Closing is anticipated to happen in the course of 2019.

Tim D

Tim D

Deep background and technical expertise in alternative energy with a focus on corporate development and funding innovation in the solar industry. Currently reporting on current trends and opportunities in solar and uncovering early and mid-stage companies poised to shift the way we produce and use energy.

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