Celtis Invests in Cleanwatts Digital Following Management Buyout

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.

EnergyCAP Acquires Wattics

August 23, 2022

Software

EnergyCAP, a Resurgens Technology Partners–backed energy and sustainability ERP provider, has acquired Wattics, a Dublin-based energy management analytics and monitoring software company. The acquisition expands EnergyCAP's platform with building- and device-level interval data analytics and real-time monitoring capabilities to accelerate energy efficiency, decarbonization efforts, and cross-selling opportunities.

CleanCapital Acquires 22.7 MW, 40-Asset Solar Portfolio From Kendall Sustainable Infrastructure

December 17, 2024

Renewable Energy

CleanCapital acquired a portfolio of 40 solar assets totaling 22.7 MW from Kendall Sustainable Infrastructure (KSI), expanding its operating distributed solar footprint across Vermont, New York and California. Manulife Investment Management and its institutional co-investors committed an additional $145 million of equity to CleanCapital to fund development, construction and future acquisitions; the sale closes out KSI’s first fund dedicated to community solar.

Goldman Sachs Asset Management and Cleanhill Partners Acquire Majority Stake in EPC Power Corp.

September 15, 2022

Renewable Energy

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.

Morgan Stanley Infrastructure Partners Invests in Torch Clean Energy

January 21, 2025

Energy

Morgan Stanley Infrastructure Partners (MSIP) has made a strategic investment in Torch Clean Energy to support the company's transition from a development platform into an integrated clean power platform with capabilities across development, construction and asset management. The capital will help Torch scale operations, expand construction and operations management, procurement and project finance capabilities and pursue growth in key U.S. markets such as the Mid-Atlantic and the desert Southwest.

CEIS (White Wolf Capital Portfolio) Acquires Clover Leaf Solutions

February 17, 2023

Energy

Critical Energy Infrastructure Services (CEIS), a platform backed by White Wolf Capital, has acquired Clover Leaf Solutions, a New Mexico–based provider of consulting and staffing services to Department of Energy laboratories and commercial clients. The acquisition is the second add-on to the CEIS platform and is intended to expand CEIS's geographic reach and service offerings across the U.S.; financial terms were not disclosed.