Blackstone and Rivean Capital Complete Investment in Esdec Solar Group
December 1, 2022
Blackstone (through Blackstone Energy Partners and Blackstone private equity) and Rivean Capital have completed a strategic investment in Esdec Solar Group B.V., the Deventer-headquartered global leader in rooftop solar mounting systems. The transaction sees Rivean partly realise its original investment while re-investing via a continuation fund; the backing is intended to accelerate Esdec's international growth and consolidation in rooftop solar.
- Buyers
- Blackstone, Rivean Capital
- Targets
- Esdec Solar Group B.V.
- Sellers
- Rivean Capital, Existing shareholders (including management)
- Industry
- Energy
- Location
- Overijssel, Netherlands
- Transaction Type
- Growth capital
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