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Ares Management to buy majority of Conti Solar

  • Region:

    United States of America

  • Sector:

    Energy

  • Deal Size:

  • Buy Side Company:

    Ares Management
  • Sell Side Company:

    The Conti Group
  • Target Company:

    Conti Solar

Ares Management LP has acquired a majority stake in Conti Solar, PE Hub reported. Financial terms of the transaction were not announced. The seller is The Conti Group. Edison, New Jersey-based Conti Solar is a renewable energy development, engineering, procurement, and construction company. The Conti Group is a holding company which owns businesses, assets and invests in development, engineering, construction, infrastructure, real estate, renewable energy, logistics, software and healthcare.

Tags:

PE Deals,private equity,renewables,private equity deals