German investment company Mutares has entered into an agreement to sell all shares in Guascor Energy and sister company Guascor Power USA to Oaktree’s Power Opportunities business.
The purchase price amounts to EUR 74 million.
Mutares acquired Guascor from Siemens Energy in November 2022.
The transaction is expected to be completed before the end of the fourth quarter this year and is subject, among other things, to approval from the competition authorities.
