Ongoing Mergers and Acquisitions in Energy, Sustainability Industry

  • July 1, 2021: Calgon Carbon (UV Technologies Divison), a developer of water technologies for disinfection and oxidation for the treatment of drinking water, wastewater, groundwater, process water and ballast water, was acquired by Industrie De Nora on July 1, 2021 for an undisclosed amount. The acquisition enables De Nora to offer a full range of solutions for the entire disinfection spectrum, for both regulated and unregulated water management. .

  • July 2, 2021: Chilicon Power was acquired by Generac Power Systems (NYS: GNRC) on July 2, 2021 for an undisclosed amount. The acquisition will help Generac enter the microinverter market and expand its range of clean energy products.

  • July 2, 2021: VAIREX air systems, a manufacturer of air blower systems to increase energy efficiency and environmental protection in the global fuel cell industry, was taken over by the Eberspächer Group on July 2, 2021 for an undisclosed amount.

  • July 6, 2021: Heliogen reached a definitive agreement on July 6, 2021 to acquire Athena Technology Acquisition through a reverse merger, putting the company’s post-cash valuation at $ 2 billion.

  • July 7, 2021: Williams Energy Group was acquired by Superior Plus (TSE: SPB) on July 7, 2021 for an undisclosed amount. This acquisition will allow Superior Plus to expand its existing North Carolina presence and offer a strong customer base and synergy opportunities.

  • July 12, 2021: Altus Power America announced an agreement to raise $ 275 million in development capital from Blackstone Credit, ValueAct Capital Management, Liberty Mutual Investments, CBRE Acquisition Holdings, the company’s management and other leading institutional investors in a private placement. The infusion is part of a definitive agreement Altus entered into to acquire CBRE Acquisition Holdings through a reverse merger on July 12, 2021.

  • July 12, 2021: Gausman & Moore Associates was acquired by Ayres Associates on July 12, 2021 for an undisclosed amount. The acquisition expands Ayres’ diverse range of services to include MEP, renewable energies, energy modeling and design software.

  • July 12, 2021: Complete Energy Service (Raynham), a subsidiary of Superior Energy Services (DUS: SJR), was acquired by Select Energy Services (NYSE: WTTR) on July 12, 2021 for an undisclosed amount of Class A common stock and US $ 14.2 million Dollars in cash. The acquisition will strengthen Select Energy Services’ geographic presence, particularly in the Central Continent, Permian and Rocky regions.

  • July 13, 2021: SES (Energy Storage) has entered into a definitive agreement to acquire Ivanhoe Capital Acquisition (NYSE: IVAN) for $ 276 million through a reverse merger, resulting in the combined company being listed on July 13, 2021, New Yorker The stock exchange trades under the ticker symbol SES, putting the company’s pre-money valuation at $ 3.32 billion. The funds will be used for the future growth of the company and for the transition to the commercialization phase in 2025.

  • July 14, 2021: Enovix Corp. acquired Rodgers Silicon Valley Acquisition Corp. (Nasdaq: RSVA, RSVAU, RSVAW) (“Rodgers” or “RSVAC”) for $ 405 million through a reverse merger that resulted in the combined company trading on the Nasdaq Stock Exchange under the symbol ENVX on July 14, 2021. As part of the transaction, Enovix received $ 175 million in development capital from undisclosed investors in a private placement.

  • July 16, 2021: Energy 1 (PINX: EGOC) was acquired by Shanghai Yicheng Culture on July 16, 2021 for an undisclosed amount. The acquisition will accelerate Shanghai Yicheng Culture’s vision of establishing an international expansion platform.

  • July 16, 2021: Environmental Solar Design was acquired by Sigora Solar on July 16, 2021 for an undisclosed amount. The acquisition will help Sigora expand its solar presence in California.

  • July 16, 2021: Kinetrex Energy has a definitive agreement on July 16, 2021 to acquire it by Kinder Morgan (NYSE: KMI) for $ 310 million on April 8, 2020. The application stated that the funding would save 38 jobs.

  • July 19, 2021: EartH2O was acquired by Primo Water North America, a subsidiary of Primo Water Corporation (TSE: PRMW), for an undisclosed amount on July 19, 2021. The acquisition expands Primo’s presence and customer base in the Pacific Northwest and promotes its vision of pure -play water solutions when, where and how your customers want it.

  • July 20, 2021: Clean Energy Social, an operator of a job and networking community for the clean energy industry, was acquired by ALLY Energy on July 20, 2021 for an undisclosed amount.

  • July 21, 2021: Alta Resources was acquired by EQT Production Company (NYSE: EQT) on July 21, 2021 for $ 2.925 billion. The total purchase price consisted of $ 1 billion in cash and approximately 98.8 million common shares of the company to be given to company shareholders or their agents.

  • July 22, 2021: Oshkosh, InterPrivate, Koch Strategic Platforms and BlackRock acquired an 18% stake in Microvast (NASDAQ: MVST) for 540 million companies on July 22, 2021, which will be traded on the Nasdaq stock exchange on July 22, 2021 under the ticker symbol MVST . The combined company is valued at $ 3 billion.

  • July 27, 2021: Inspire reached a definitive agreement on July 27, 2021 to acquire it by Royal Dutch Shell (LON: RDSB) for an undisclosed amount. On February 27, the company received EUR 1 million in venture capital from Obvious Ventures, Enfuro Ventures and Alex Kahn. 2020. The Heritage Capital Group also took part in the round.

  • July 28, 2021: Blue Sky Utility, a renewable energy developer that aims to provide solutions for landlords and tenants of retail real estate, was acquired by OY Nofar Energy (TAE: NOFR) for $ 91 million on July 28, 2021.

  • Comments are closed.