3i Infrastructure receives a binding offer of ~€309M for Valorem 33% stake from AIP Management P/S and co-investors.

3i Infrastructure, a European investment firm, has received a binding offer for its 33% stake in Valorem, a renewable energy developer, valued at approximately 309 million euros. The offer comes from AIP Management P/S and co-investors. 3i plans to use the proceeds to reduce its revolving credit facility balance, allowing the firm to realize a substantial increase in the stake's carrying value.

October 07, 2024
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