Sale of Green Frog Power Limited to the Investment Management Corporation of Ontario

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryNatural resources & Energy
BDO.LiveSite.Deals.ClientNameGFP (Holdings) Limited

The Investment Management Corporation of Ontario (IMCO) is to acquire 100 per cent of Green Frog Power Ltd and will invest up to GBP288 million over the next several years, to transform the business into an owner and operator of utility scale batteries and execute on its pipeline of battery projects under development. 

BDO provided completion mechanism advice to the vendors of Green Frog Power Limited.