Goldman Sachs Asset Management and Cleanhill Partners Acquire Majority Stake in EPC Power Corp.
September 15, 2022
The Sustainable Investing business of Goldman Sachs Asset Management and Cleanhill Partners have acquired a majority stake in EPC Power Corp. through a comprehensive recapitalization to support the company's expansion of U.S. manufacturing capacity and growth into utility-scale renewable energy storage and related markets. EPC Power, a Poway, California-based designer and manufacturer of American-made smart inverters, employs ~180 people and operates additional engineering/sales offices in Helsinki to serve global customers.
- Buyers
- Goldman Sachs Asset Management (Sustainable Investing), Cleanhill Partners
- Targets
- EPC Power Corp.
- Industry
- Renewable Energy
- Location
- California, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
ECP (Energy Capital Partners) Acquires Pivot Energy
June 2, 2021
Renewable Energy
ECP (Energy Capital Partners) has acquired Pivot Energy, a national commercial and community solar developer, in a transaction that closed on June 1, 2021. The deal gives Pivot increased access to capital to accelerate project development, expand product offerings, and transition toward aggregating and managing recurring, cash-flowing solar and storage assets.
-
A&M Capital (AMCP III) Acquires Majority Stake in East Coast Power
January 23, 2025
Utilities
Alvarez & Marsal Capital Partners Fund III (AMCP III), through an affiliate of A&M Capital, signed a definitive agreement to acquire a majority stake in East Coast Power (ECP), a fast-growing electric utility services provider headquartered in Albany, New York. The partnership will fund ECP's national expansion through organic growth and strategic M&A while founder Darren Donohue remains a large shareholder and operating executive.
-
Pivot Energy Acquires SGC Power
August 16, 2022
Energy
Pivot Energy, a Denver-based renewable energy developer owned by Energy Capital Partners (ECP), has acquired SGC Power, a Maryland-based community solar developer. SGC Power will operate as a business unit under the Pivot brand, helping Pivot expand its community solar development capabilities and national footprint.
-
Energy Capital Partners Acquires Majority Interest in PROENERGY
September 5, 2024
Energy
Energy Capital Partners (ECP) has acquired a majority interest in PROENERGY Holdings, a vertically integrated aeroderivative gas turbine platform with a 2.4 GW fleet of contracted peakers and global turbine services. The transaction (terms not disclosed) transfers control from affiliates of Eos Partners and ACON Investments to ECP, which will support PROENERGY's platform expansion, growth initiatives, and continued operations under existing leadership.
-
True Green Capital Management Acquires Majority Stake in CleanChoice Energy
April 28, 2023
Energy
Funds managed by True Green Capital Management (TGC) agreed to acquire a majority ownership stake in CleanChoice Energy and will commit an additional $100 million to develop, acquire, own, and operate CleanChoice solar projects. The deal will combine CleanChoice's retail green energy platform and customer base (about 215,000 residential customers) with TGC's solar generation capabilities across multiple U.S. competitive markets, securing long-term access to power, capacity, and RECs to support growth.
-
SCF Partners Acquires Global E&C from Global Energy Group
February 15, 2023
Energy
SCF Partners has announced an acquisition investment in Global E&C (GEC), a digitally enabled engineering, maintenance and commissioning contractor headquartered in Aberdeen, from parent Global Energy Group. The investment will support GEC's growth, accelerate its digital and decarbonization capabilities, and position the business to expand its offshore and onshore energy services.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.