E3 Consulting (E3) is pleased to announce that it served as the technical advisor on Project Finance & Risk Magazine’s North American M&A Deal of the Year 2017, the July acquisition of sPower from Fir Tree Partners by AES Corp. and Alberta Investment Management Corporation. E3 provided due diligence services, reviewing sPower’s 1,274 MW portfolio of solar and wind assets, either in operation or under construction, in the U.S. and a 10 GW-plus development pipeline located throughout the country. The $1.58 billion deal involved $853 million in cash and $724 million in non-recourse debt. At the time of the sale, sPower was the 10th largest solar developer in the United States. E3’s team was led by Andy Hixson. To learn more about Project Finance & Risk’s 15th Annual Deals and Firms of the Year, go to https://bit.ly/2sivBSo.