Transactions - Energy, cleantech & resources

ERM Power, a leading energy company that operates electricity sales and electricity generation businesses, acquired Out Performers, an energy efficiency engineering group.

Alliance Environnement, a provider of water, sanitation, and organic waste recovery solutions was sold to Groupe SAUR, an international water company.

Convert Italia S.p.A., an Italian company active in the design, engineering, production, and sale of single-axis trackers for photovoltaic systems, sold 75% of its share capital to the American listed group Valmont Industries Inc. (NYSE:VMI).

Veronagest sold a wind portfolio, comprising seven energy plants operating in Sicily and Calabria with aggregate installed capacity of 282 MW,  to F2i’s Secondo Fondo.

Tholos, an Italian company that provides energy efficiency services to industrial firms throughout Italy, was sold to Elettra Investimenti (ELIN:IM), a developer of projects in the energy sector, with particular expertise in cogeneration and trigeneration plants.

Städtische Werke AG acquired a 49.99% stake in the EAM Energie GmbH as part of a joint venture (distribution of electricity and gas). The sales area includes a potential customer base of approximately 800,000 in the private and commercial sector.

Niaga, a technology company with an initial focus on the carpet industry, created a joint venture with DSM, a health, nutrition & bioscience company.

Otera Elektro was sold by Otera Group to Bravida, Scandinavia’s leading supplier of technical installation and service solutions.  It is one of the largest pure play electrical installation and service companies in the Norwegian market.

Clairfield rendered a fairness opinion on parity of shares in a merger for AQUA, the leading designer of civil engineering projects specializing in wastewater treatment and water pipelines.

Enfinity, the Belgian renewable energy developer, has sold its three solar parks installed in the Czech Republic to Verdi Capital, a Czech private equity house.

Tocardo International B.V., leading company in commercially producing and marketing water turbines, backed by Dutch cleantech investment fund E2 Cleantech, issued new shares to Huisman Worldwide lifting, drilling and subsea solutions.

ENEA, third largest Polish electrical energy group as well as one of the largest corporations in Poland, acquired Bardy Wind Farm.

E2 Cleantech, a Dutch venture capital fund focused on cleantech, acquired Crystal Q.

PWN, DZH (now “Dunea”) and Oases are three drinking water companies that provide large parts of North and South Holland with drinking water. Clairfield in the Netherlands strategically, financially and legally advised the managing boards on a joint letter of intent to merge. The province of North Holland, sole shareholder of PWN, eventually decided against the intention to vote.