SolAmerica Energy
Overview
| Deal Type |
Mergers & Acquisitions |
|---|---|
| Client & Transactional Partners |
SolAmerica Energy AB CarVal |
| Our Role |
Exclusive Sell-Side Advisor |
Summary
KeyBanc Capital Markets, Inc. (“KBCM”), served as exclusive financial advisor to SolAmerica Energy ( “SolAmerica” or the “Company”) on its sale to AB Carval Investors L.P. (“AB CarVal”). The transaction closed in March 2023.
Transaction Overview
KBCM was retained by SolAmerica as its exclusive financial advisor to assist the Company in a sale process. KBCM’s marketing efforts identified the most logical investors for SolAmerica, generating multiple offers for the Company. This transaction demonstrates KBCM’s strong relationships and ability to identify leading-edge investors for renewable energy platforms. The SolAmerica team relied heavily on KBCM’s expertise in evaluating and negotiating the transaction.
SolAmerica Overview
SolAmerica is a leading provider of turnkey solar energy and storage solutions. The Company specializes in the development and engineering, procurement, and construction (“EPC”) of ground-mount, rooftop, and parking canopy solar systems designed to provide solar energy to utilities, communities, and large commercial and industrial facilities. SolAmerica relies on substantial industry expertise, best-in-class materials, operational excellence, and highly competitive pricing. Since its founding in 2009, SolAmerica has developed or constructed hundreds of megawatts of solar projects in 15 states and over 100 counties.
AB CarVal Overview
AB CarVal is an established global alternative investment manager. Since 1987, AB CarVal’s team has navigated through ever-changing credit market cycles, opportunistically investing $142 billion in 5,675 transactions across 82 countries. Today, AB CarVal has approximately $16 billion in assets under management in corporate securities, loan portfolios, structured credit, and hard assets. Since 2017, AB CarVal has deployed more than $3 billion in clean energy investments.
