EQT Active Core Infrastructure Acquires Majority Stake in Tion Renewables

March 24, 2023

EQT Active Core Infrastructure, through Boè TopCo GmbH & Co. KG and its Hopper BidCo GmbH vehicle, has agreed to acquire a majority stake (82.1% aggregate interest via agreements) in Germany-headquartered renewable energy producer Tion Renewables AG from Pelion Green Future Alpha GmbH. The transaction values Tion at a base equity value of €150 million and is intended to support the company’s growth into a leading platform for solar, wind and battery storage projects across Europe.

Buyers
EQT Active Core Infrastructure, Boè TopCo GmbH & Co. KG, Hopper BidCo GmbH
Targets
Tion Renewables AG
Sellers
Pelion Green Future Alpha GmbH
Industry
Energy
Location
Bavaria, Germany
Transaction Type
Buyout

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