CVC Leads $1.3 Billion Deal to Back UK Energy Firm Low Carbon

British green-power developer Low Carbon has raised £1.1 billion ($1.3 billion) in a deal that will result in CVC Capital Partners becoming the company’s majority owner.

By Will Mathis · Bloomberg Markets

British green-power developer Low Carbon has raised £1.1 billion ($1.3 billion) in a deal that will result in CVC Capital Partners becoming the company’s majority owner.