Altri to acquire Tilbury Green Power Holdings Limited for £246.5 million

Altri S.A. has announced that its wholly-owned subsidiary Greenvolt – Energias Renováveis S.A. (Greenvolt) – has reached an agreement, together with funds managed by the Equitix Group for the acquisition of Tilbury Green Power Holdings Limited (TGPH). TGPH is the owner of a fully operational renewable energy biomass power plant, with net design capacity of 43.6 MW, located in the port of Tilbury, Essex, England. Ownership will be split in a proportion of 51 per cent to Greenvolt and 49 per cent to the funds managed by Equitix. The transaction amounts to an enterprise value of £246.5 million.

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