December 09, 2024
Utility Scale Clean Power
Mergers and Acquisitions
LONDON, UNITED KINGDOM - 9 December 2024 - Marathon Capital is pleased to announce it has advised Greencells Group on the sale of its utility-scale solar and battery storage development arm (the "Business"), to Nature Infrastructure Capital (“NIC”) and Davidson Kempner Capital Management (“DK”). The Business is comprised of a nearly 4GW pipeline across all key European markets, as well as Canada.
Greencells Group's current CEO and Founder, Andreas Hoffmann, will spearhead leading the platform and accelerating growth initiatives.