Cross-Border M&A Deal of the Year

Jan 13, 2017

This multi-country deal impressed for its size, complexity and speed of execution

Mick Bowen

Keywords: Pacific Hydro State Power Investment Corporation (SPIC) China

State Power Investment Corp/Pacific Hydro

When China's State Power Investment Corporation (SPIC) lined up the acquisition of Pacific Hydro, the Australia-based renewable energy company's assets in Latin America accounted for some 70% of the roughly $3 billion package.

Pacific Hydro's five operating hydro plants in Chile represented between 50% and 60% of the price, while two wind farms in Brazil made up 10%. Pacific Hydro has 13 projects in Australia, which accounted for 30% of the package.

The company recently started construction...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

Upcoming Events

Poll

Where will capital markets be busiest in 2017?

Vote