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Terra Firma exploring $1.5bn wind energy sale

Guy Hands' private equity firm is working with Bank of America Merrill Lynch on the potential sale of US company EverPower Wind from its troubled third fund

Terra Firma exploring $1.5bn wind energy sale
Photo: Getty Images

Terra Firma is exploring a sale of US wind energy company EverPower Wind, according to two people familiar with the matter — a deal that has the potential to net the firm a handsome profit.

The London-based firm is working with Bank of America Merrill Lynch on a potential sale that could achieve an enterprise value of $1.5 billion, one of the people said.

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