TM Capital Advises Epico Srl in its Sale of Epico USAJune 2016 | News & Press
TM Capital served as exclusive financial advisor to Epico Srl, an Italian Operator of hydro and other renewable energy facilities, in the sale of Epico USA to an American hydroelectric operator backed by private equity investors. The success of the transaction reflects TM’s ability to frame the benefits of the significant recent capital investments made by Epico in its plant infrastructure as well as the Company’s “in-process” efforts to qualify the plants for valuable compliance renewable energy credits within the ISO New England region.
- Epico Srl operates approximately 41 power plants in Italy (mostly hydro) with 60 GWh of annual output
- Comprised of five hydropower stations under three FERC licenses totaling 2 MW and 10 GWh of annual output, the Epico USA assets will complement other hydroelectric plants that the buyer maintains throughout the U.S. Northeast
- The success of the transaction reflected TM’s ability to frame the benefits of the significant recent capital investments made by Epico in its plant infrastructure, and the Company’s “in-process” efforts to qualify the plants for valuable compliance renewable energy credits within the ISO New England region
- This is the second transaction TM Capital has completed with Epico Srl
What Our Clients are Saying
“Having worked with TM Capital in the past, it wasn’t a question who we would use in this transaction. TM Capital’s intimate understanding of the renewable energy sector, solid industry relationships, and transaction experience were invaluable in guiding us through this complex process.”
-Flavio Andreoli Bonazzine, President, Epico Srl
About TM Capital
TM Capital Corp. is a partner-owned investment banking firm based in New York, Boston and Atlanta, which has completed over 300 transactions with a combined value in excess of $17.5 billion. Since 1989, we have advised clients navigating a full range of critical transactions, including complex mergers, acquisitions, debt and equity financings, minority and majority recapitalizations, restructurings, and advisory services including takeover defense, fairness and solvency opinions and valuations. We have built deep industry expertise in key sectors and our team regularly publishes research highlighting current and emerging trends in targeted industries and markets. TM Capital is a member firm of M&A International Inc., the world’s leading alliance of mid-market investment banks with over 650 M&A professionals in 40 countries. Members have closed over 1,400 transactions totaling more than $75 billion in value over the past five years.