Reported 2 days ago
Italy's Enel and private equity firm KKR are reportedly among the potential bidders for Cubico Sustainable Investments, a UK-based renewable energy company. The firm, co-owned by Canadian pension funds, is valued at approximately $6 billion including debt. Non-binding offers were recently submitted, and the sale process has attracted interest from various investors. Cubico operates renewable energy assets globally, with significant earnings reported for 2023.
Source: YAHOO