Recent M&A Activity:
July 29, 2022: Clean Energy Associates, a provider of quality assurance and independent engineering solutions intended for solar energy and energy storage sectors, reached a definitive agreement to be...more
One and a half years into the Biden Administration and with the 2022 mid-term elections fast approaching, Democrats secured a major legislative victory with final passage of the Inflation Reduction Act of 2022 (IRA) – a...more
8/22/2022
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General Services Administration (GSA) ,
Grants ,
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Inflation Reduction Act (IRA) ,
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July 1, 2022: GRNE Solar, a provider of renewable energy installation services intended to generate electricity that is self-sustaining, was acquired by Nelnet (NYS: NNI) for an undisclosed amount. GRNE Solar offers solar...more
May 3, 2022: NuScale (NYS: SMR) acquired Spring Valley Acquisition through a reverse merger, resulting in the combined entity trading on the New York Stock Exchange under the ticker symbol SMR on May 3, 2022. NuScale Power...more
This month, we are thrilled to feature BlueWave, a leading Boston-based solar and energy storage developer and certified B Corp. On May 12, 2022, BlueWave announced that a fund managed by Axium Infrastructure has acquired...more
This month, we are thrilled to feature Cambrian, a commercial provider of distributed wastewater treatment and resource recovery solutions. On March 22, 2022, Cambrian announced a partnership with Anheuser-Busch to implement...more
April 4, 2022: Third Sun Solar, a solar and wind energy services provider, was acquired by Kokosing Construction on April 4, 2022. This acquisition will help the company to bring high-quality solar installations to an even...more
A Note from the Editors -
Energy & Sustainability Connections brings the latest developments in energy investing, legal insights, company activity, and industry events straight to your inbox...more
This month we are excited to feature our client, Context Labs, an Enterprise Data Fabric Climate Tech company based in Cambridge, Massachusetts, and Amsterdam. As a leader in data fabric technologies, Context Labs utilizes...more
March 1, 2022: AllCell, a developer of thermal management systems designed to produce compact, lightweight, and long-lasting batteries, was acquired by Beam Global (NAS: BEEM) for an undisclosed amount on March 1, 2022. The...more
February 1, 2022: SES (Energy Storage) (NYS: SES) was acquired by Ivanhoe Capital Acquisition (NYSE: IVAN) for $276 million through a reverse merger, resulting in the combined entity trading on the New York Stock Exchange...more
We are excited to feature Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen," the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, in this month’s newsletter. Aspen’s aerogel technology...more
January 4, 2022: Universal Voltage was acquired by International Endeavors (PINX: IDVV) for an undisclosed amount. The acquisition allows International Endeavors to enter the clean energy marketplace and diversify its...more
December 1, 2021: Astral power, a producer of clean energy from solar farms intended to serve businesses and individuals, reached a definitive agreement to be acquired by Neighborhood Sun for an undisclosed amount. The...more
Recent M&A Activity:
November 8, 2021: Kontak Hydrogen Storage reached a definitive agreement to be acquired by Hydrofuel Canada for $3 million on November 8, 2021. The company is a developer of a liquid hydrogen storage...more
September 1, 2021: Cooke Power Services reached a definitive agreement to sell the wind operations and maintenance business segment to Deutsche Windtechnik US for an undisclosed amount.
September 1, 2021: RELiON Battery...more
August 9, 2021: Folsom Labs was acquired by Aurora Solar for an undisclosed amount on August 9, 2021. The acquisition accelerates Aurora's strategy of providing best-in-class tools for solar companies, from residential to...more
This month, we are thrilled to feature Brightcore Energy, a clean energy and efficiency-as-a-service company for commercial, industrial, and institutional real estate owners. In August, Brightcore closed an equity financing...more
July 1, 2021: Calgon Carbon (UV Technologies Divison), a developer of water technology designed for disinfection and oxidation to treat drinking water, wastewater, groundwater, process water, and ballast water, was acquired...more
A Note from the Editors -
Energy & Sustainability Connections brings the latest developments in energy investing, legal insights, company activity, and industry events straight to your inbox. This month’s edition includes:...more
Recent M&A Activity:
June 3, 2021: New England Battery Storage was acquired by Agilitas Energy for an undisclosed amount. This acquisition marks Agilitas Energy’s expansion into battery energy storage operations,...more
Recent M&A Activity:
- May 7, 2021: ESS Tech, Inc., a manufacturer of non-toxic, long-duration iron flow batteries for commercial and utility-scale energy storage, announced a business combination with ACON S2 Acquisition...more
Recent M&A Activity:
April 1, 2021: SunStreet, a subsidiary of Lennar (NYS: LEN), was acquired by Sunnova Energy (NYS: NOVA) for $354.5 million. Under the terms of the agreement and earnout agreement, Lennar will receive...more
In Mintz’s recent article—“Public Benefit Corporations are Going Public,”—we predicted that, as Special Purpose Acquisition Companies (“SPACs”) reemerge as an alternative to initial public offerings (“IPOs”), Public Benefit...more
Recent M&A Activity: March 2, 2021:
- Pineapple Energy, an operator and consolidator of residential solar, battery storage, and grid services solutions, entered a definitive merger agreement with Communications Systems, a...more