Duquesne Light Holdings Acquires The Efficiency Network

Enel Acquires Demand Energy Networks, Inc.

January 11, 2017

Energy

Italian utility Enel (through its North America renewables unit) acquired 100% of U.S.-based Demand Energy Networks, Inc., a developer and operator of energy storage systems and the DEN.OS energy management software, for an undisclosed amount. Enel said the deal will strengthen its position in the battery storage market and allow rapid global scaling of Demand Energy's software and project capabilities across Enel's renewables portfolio.

ScaleCo Management LLC Acquires TPI Efficiency

October 31, 2022

Professional Services

ScaleCo Management LLC has made a platform investment in Total Procurement Intelligence (TPI Efficiency), a Cleveland-based energy procurement and utility consulting firm founded in 2009 by Roger Zona. The investment (ScaleCo's 22nd platform and third from Fund IV) will provide capital and operational support to expand TPI Efficiency's energy procurement, efficiency services, and LED lighting offerings nationwide.

TPI Efficiency Acquires Greenstar Solutions' Electricity and Natural Gas Business

July 18, 2023

Energy

TPI Efficiency, a ScaleCo Fund IV portfolio company, acquired the electricity and natural gas business of Greenstar Solutions, LLC — Greenstar is based in Bethlehem, Pennsylvania. The transaction is TPI’s first add-on under ScaleCo and expands TPI’s energy procurement and service capabilities by adding Greenstar’s licensed energy brokerage and telecommunications offerings.

Noble Venture Partners Acquires LumEfficient Lighting Corporation

September 17, 2025

Building Products

LumEfficient Lighting Corporation, a Brentwood, Tennessee-based maker of industrial LED lighting, was sold by founder Randy Reid to an individual investor affiliated with Noble Venture Partners. The transaction closed on September 17, 2025 and was advised by Generational Group; the buyer intends to expand LumEfficient’s presence in hazardous-location and industrial markets.

Lighthouse Acquires The Hotels Network

April 16, 2025

Cloud & SaaS

Lighthouse, the London-based commercial platform for travel and hospitality, has acquired The Hotels Network, a Barcelona-based marketing personalization and direct-booking SaaS provider. The deal integrates The Hotels Network’s AI-driven personalization engine with Lighthouse’s pricing and market intelligence to expand Lighthouse’s commercial capabilities for hotels and boost direct channel revenue.

Denham Capital Acquires Solops to Build Distributed Solar Platform

February 10, 2023

Renewable Energy

Denham Capital, via its Sustainable Infrastructure business, has acquired Solops, a U.S. developer, financier, and owner/operator of commercial and industrial photovoltaic projects, with an initial $200 million commitment to execute Solops' 800+ MW project pipeline. Denham intends to support a buy-and-build growth plan, positioning Solops as an independent power producer (IPP) to accelerate deployment of distributed generation solar across the United States.