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Wednesday, November 25, 
8:01 am

Trinergy on the block

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Reuters is confirming a story that ran in Italian news journal Il Mondo that European windfarm operator Trinergy is up for sale in a deal that could be worth around €2 billion ($2.73 billion).

Several private equity companies have handed in their bids in the second round of the transaction, which RBC Capital Markets is running, said the source, who declined to be identified.

Trinergy has been put up for sale by the Irish fund Matrix Group and is estimated to be worth €1.5 billion, including debt, the magazine said. &mash;Tom Groppe

Tags: Trinergy, Matrix Group and RBC Capital Markets

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