Private equity firm Riverstone in renewables amalgamation agreement

21 Dec 2009

Offshore wind farm servicer Seajacks International has entered into an amalgamation agreement with R/C Europe Offshore Investment Partnership, controlled by private equity firm Riverstone Holdings, under which Riverstone will pay a cash consideration of NOK90 (€10.73) per Seajacks share, valuing the total share capital of Seajacks at NOK1.2bn (€0.14bn).

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