I Squared sells Cube Hydro to OPG
Ontario Power Generation has closed its previously announced buyout of Cube Hydro Partners, a Bethesda, Maryland-based operator of small and medium-sized hydropower facilities in the northeast and southeast U.S. The seller was I Squared Capital. No financial terms were disclosed; however, a previous news item on this transaction pegged the value of the deal at $1.48 billion. Goldman Sachs was financial adviser to OPG on the transaction while Centerview Partners did likewise for I Squared Capital.
8 October 2019•3 mins read
