ESGEN Acquisition Corp. (ESAC) to Combine with Sunergy in $475M Deal
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ESGEN Acquisition Corp. (NASDAQ:ESAC) has entered into a definitive agreement to combine with residential solar company Sunergy at an enterprise value of $475 million, or 43.2x its 2022 EBITDA. The New Port Richey, Florida-based company installs home-based solar panel systems primarily in three Southern US states. The combined company is expected to trade on the
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