Canadian Solar acquisition of Sertum Energy Namibia and Unisun Energy

12/7/2017
Private acquisition

Announced

12/7/2017


Overview:

  • Canadian Solar has acquired 70% of Sertum Energy Namibia and Unisun Energy from Enertronica.
  • Both targets are the constructors and operators of two solar photovoltaic parks in Namibia. 
  • The transaction is part of Enertronica's plan to build and transfer solar parks in Africa and Latin America.

Katrin Kostadinova - Data analyst

Jurisdiction:

Namibia

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Namibia

Industry sector:

Energy


Firms:

Party: Enertronica (Seller)


Party: Canadian Solar (Acquirer)