Acquiring Company
Enel S.p.A
Acquired Company
Faraday and Skyhawk Solar Plants
Description
Excelsior Energy Capital has completed the sale of its Faraday and Skyhawk solar plants to Enel S.p.A. for approximately $760 million. This acquisition strengthens Enel's position in the global renewable energy market. The transaction follows previously signed agreements.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Faraday and Skyhawk Solar Plants?
Faraday and Skyhawk Solar Plants was acquired by Enel S.p.A, based in Rome. The deal was reported on September 10, 2026. Enel S.p.A. is a multinational power company and a leading integrated player in the global power and renewables markets. Enel S.p.A is privately held and operates in Energy.
When did Enel S.p.A acquire Faraday and Skyhawk Solar Plants?
Enel S.p.A's acquisition of Faraday and Skyhawk Solar Plants was reported on September 10, 2026. Excelsior Energy Capital has completed the sale of its Faraday and Skyhawk solar plants to Enel S.p.A. for approximately $760 million. This acquisition strengthens Enel's position in the global renewable energy market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Faraday and Skyhawk Solar Plants do?
Faraday and Skyhawk are solar power plants previously owned by Excelsior Energy Capital. These plants contribute to the generation of clean energy and support sustainable practices. Their sale enhances the renewable energy portfolio of the acquiring company. It is privately held, operating in Energy.
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