Epico USA Inc. has been acquired by an American hydroelectric operator
Epico Srl has sold Epico USA Inc. to an American hydroelectric operator backed by private equity investors. Financial details have not been disclosed.
Epico USA Inc. consists of three run-of-river hydro projects in southern Maine, USA, fully owned by Epico SrL, an Italian-based investment company specialized in the renewable energy sector.
Epico Srl is a financial holding company which has shares in industrial companies operating in the production of electrical energy from renewable sources. The company operates approximately 41 power plants in Italy (mostly hydro) with 60 GWh of annual output. Epico had acquired its USA assets in 2010 from Synergics Energy Services.
One of Oaklins' teams in the USA served as financial advisor to to the seller in this transaction.
Talk to the deal team
Jonathan I. Mishkin
Oaklins TM Capital
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