Gibraltar Industries Acquires TerraSmart and Sunfig

Gibraltar Industries Acquires Assets of Thermo Energy Systems

January 17, 2020

Manufacturing

Gibraltar Industries (Nasdaq: ROCK) acquired the assets of Canadian-based Thermo Energy Systems in an all-cash transaction to expand its commercial greenhouse and controlled-environment agriculture capabilities. Thermo is expected to contribute a run-rate of approximately $75 million of annual revenue and the deal strengthens Gibraltar's position in the biologically-grown organic food market.

TSG Acquires Italian Solar Specialist SKY-NRG

November 12, 2024

Energy

TSG has acquired Italian solar energy specialist SKY-NRG, a company with about €60m in sales, roughly 100 employees and more than 720 solar installations completed between 2021 and 2023. The bolt-on deal is part of TSG's accelerated build-up strategy (27th acquisition in three years) to expand its integrated electrical and solar capabilities and reach €100m in solar revenue.

TRIG Acquires Fig Power, UK Battery Storage Developer

February 14, 2024

Energy

The Renewables Infrastructure Group (TRIG) has acquired 100% of Fig Power, a Bristol-based developer focused on battery storage with a 1.7GW development pipeline. The transaction secures a proprietary pipeline and development capability for TRIG and involves an expected ~£20m outlay over the next two years to cover upfront consideration and development expenditure.

GameChange Energy Acquires Terrasmart eBOS Division from Gibraltar Industries

February 24, 2026

Renewable Energy

GameChange Energy Technologies has acquired the Electrical Balance of Systems (eBOS) division from Terrasmart, a subsidiary of Gibraltar Industries, adding the eBOS product line and a U.S. manufacturing facility in Grand Rapids, Michigan to its platform. The acquisition expands GameChange’s module-to-grid capabilities for utility-scale solar projects by integrating pre-engineered and prefabricated electrical systems and the eBOS team into its tracker, racking, transformer, and grid-equipment offerings.

TSG Group Acquires Ecosun Expert, Electricité Reiter & Grethen and Gevitec

March 11, 2025

Energy

TSG Group has completed three bolt-on acquisitions — Ecosun Expert S.A.S. (France), Electricité Reiter & Grethen S.A. (Luxembourg) and Gevitec BV (Belgium) — to strengthen its capabilities in photovoltaic energy, electric mobility and energy infrastructure across Europe. The deals expand TSG’s technical services footprint and deepen its turnkey solar and electrical installation expertise as part of an accelerated roll-up strategy supported by its investor HLD.

TerraForm Power Acquires Sun Tribe Development LLC

May 15, 2025

Renewable Energy

On May 15, 2025, TerraForm Power, an affiliate of Brookfield Asset Management / Brookfield Renewable, acquired Sun Tribe Development LLC, buying the development business and its 4.1 GW pipeline and integrating the development team. The deal transfers the entirety of Sun Tribe Development's project pipeline and personnel to TerraForm Power, more than doubling TerraForm Power's development pipeline to over 6,000 MW while Sun Tribe's EPC and O&M businesses continue to operate independently.