AIMCo closes purchase of Eolia majority stake from Oaktree
Alberta Investment Management Corp has closed its acquisition of a majority stake in Eolia Renovables de Inversiones SCR SA, a Spanish renewable energy company. Terms weren’t released for the deal, which was announced in November. It saw the Canadian pension fund acquire more than 90 percent of Eolia from U.S. private equity firm Oaktree Capital Management. Oaktree acquired the business, a developer, builder and operator of wind farms and solar photovoltaic plants, in 2015.
5 March 2019•3 mins read
