2021-06-19
http://w3.windfair.net/wind-energy/news/3714-garrad-hassan-advises-trinergy-on-1-8-billion-wind-farm-sale-to-international-power-plc

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Garrad Hassan advises Trinergy on €1.8 billion wind farm sale to International Power Plc.

Garrad Hassan (GH) advised Trinergy on the €1.8 billion (US$2.5 billion) sale of their German and Italian wind farms to British-based International Power Plc.

Trinergy is selling their 648 MW Wind Portfolio to International Power Plc. This includes their Italian wind farms: 495 MW in operation and 67 MW under construction; and their German wind farms: 86 MW in operation. The sale was agreed for €1.84 billion (US $2.5 billion) with a cash consideration of €868 million.

Garrad Hassan acted as the Technical Advisor to Trinergy and was closely involved in interaction with all the potential buyers. This transaction was run from Garrad Hassan’s Italian office in Imola and the team was headed by Mattia Boccolini with support from GH Deutschland and GH staff in the UK.

Paul Williams, Managing Director of Trinergy said

“Garrad Hassan has been at the cornerstone of our technical analysis of all wind energy assets since our establishment in 2004. Their knowledge, experience and independent appraisal of projects has been an invaluable resource to us."

Andrew Garrad CEO of the Garrad Hassan Group added

“We are delighted to have been able to support Trinergy in this huge deal which is a landmark for Italian wind energy development. It shows the strength of the international GH network through which we are able to support international deals with high level local expertise. This deal brings GH’s M and A advisory role in 2007 to more than $7 billion.”
Source:
Garrad Hassan and Partners Limited
Author:
Kelly Steed
Email:
kelly.steed@garradhassan.com
Link:
www.garradhassan.com/...



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