PKF Attest has acted as financial advisor to Ingeteam in the sale of its renewable energy power plant operation and maintenance division to RES.
The deal, signed in early August and recently closed, will allow Ingeteam to continue driving the development of energy conversion systems, supporting its customers and electrifying a sustainable future, while RES will become the world leader in the renewable energy operation and maintenance services sector.
This transaction reinforces RES' commitment to accelerate the energy transition and responds to growth in its target markets of utilities and infrastructure.
With this, RES will have €40 billion in assets under management through more than 40 GW of global O&M and asset management service contracts.
PKF Attest would like to thank Ingeteam for their confidence in such a complex operation, and congratulate all the professionals involved in it, both from Ingeteam and RES.
Learn more about the details of the transaction: sale of the Service division to RES
