Acquisition by energy capital partners and co-investors approved by the high court of justice of england and wales

Acquisition by energy capital partners and co-investors approved by the high court of justice of england and wales december 10, 2024 – atlantica sustainable infrastructure plc (nasdaq: ay) (“atlantica” or the “company”), announced today that the high court of justice of england and wales (the “court”) has sanctioned the scheme of arrangement providing for the proposed acquisition of the company by california buyer limited (“bidco”), a vehicle controlled by funds managed by energy capital partners (“ecp”) and which includes a large group of institutional co-investors (the “transaction”), at a hearing held earlier today. on may 27, 2024, atlantica entered into an agreement pursuant to which 100% of its shares would be acquired by bidco for $22 per share in cash.
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