In 50 % of the cases, private
equity owners wind up changing out the CEO during the course of the holding period.
Not exact matches
Couple this with
wind project financing which depends on debt amortisation & back - ended returns for the ultimate
equity owners, and it means we can't rely on current return on
equity (or P&L / cash flow run - rates) to accurately determine fair value.
The role of the D.E. Shaw group, principal
owner of Deepwater
Wind, remains unchanged with the addition of the two tax
equity investors.