M&A
confidence high
sentiment neutral
materiality 0.60
Compass Digital and EEW Renewables set Q1 2025 close, $386M EV, 9 GW pipeline
Compass Digital Acquisition Corp.
- Transaction pro forma enterprise value of $386 million; EEW shareholders rolling 100% of equity.
- Target closing in Q1 2025; post-combination Nasdaq ticker expected to be EEW.
- EEW developed 1.5 GW across 24 projects with 12-year track record; 2023 net income margin of 52%.
- Pipeline of 9 GW in solar, BESS, and green hydrogen/ammonia across Europe and Australia.
- EEW plans to evolve into an independent power producer (IPP) to capture recurring revenue.