SES AI Corporation Acquires Shenzhen UZ Energy Co., Ltd.

Ivanhoe Capital Acquisition Corp. and PIPE Investors Complete Business Combination with SES Holdings (SES AI Corporation)

February 3, 2022

Energy

Ivanhoe Capital Acquisition Corp. completed its previously announced business combination with SES Holdings Pte. Ltd., creating SES AI Corporation (NYSE: SES) and enabling the company to begin trading on February 4, 2022. The closing included an upsized $275 million PIPE from strategic OEMs and financial investors to fund SES's development and commercialization of high-performance Li‑Metal rechargeable batteries for electric vehicles and other applications.

US Clean Energy Acquires Eneon ES

April 6, 2023

Renewable Energy

US Clean Energy (USCE), a clean energy platform and holding company, has acquired Eneon ES, a North American battery energy storage system (BESS) solutions provider. The deal brings Eneon's engineering, power conversion and control system expertise into the USCE platform to expand capabilities, market reach and access to capital for accelerated growth in the BESS market.

Yokogawa Electric Acquires PXiSE Energy Solutions

December 1, 2021

Energy

Yokogawa Electric Corporation has acquired all outstanding shares of PXiSE Energy Solutions LLC, a San Diego–based developer of high-speed grid control and DER management software. The acquisition expands Yokogawa’s capabilities in real-time grid control and renewable integration, enabling enhanced monitoring and control for utilities, microgrids, and renewable assets.

E Source Acquires UMS Group

November 28, 2023

Energy

E Source, the Align Capital Partners-backed utility market intelligence and data-science platform, has acquired UMS Group, a utility management consulting firm. The add-on strengthens E Source’s consulting capabilities in areas such as wildfire risk reduction, asset management, renewable integration and advanced AI modeling for utilities.

Uranium Energy Corp Acquires UEX Corporation

June 13, 2022

Energy

Uranium Energy Corp. (UEC) agreed to acquire all outstanding common shares of UEX Corporation (UEX) via a statutory plan of arrangement, using a share exchange of 0.0831 UEC shares for each UEX share (implied C$0.43 per UEX share, ~50% premium). The deal, expected to close in Q3 2022, combines UEC's U.S. production-ready ISR assets and physical uranium holdings with UEX's Canadian exploration portfolio in Saskatchewan and Nunavut to create a larger North American-focused uranium company.

American Securities Acquires CS Energy from Ares and The Conti Group

May 4, 2021

Energy

Affiliates of American Securities LLC have acquired CS Energy, a New Jersey-based engineering, procurement and construction (EPC) firm specializing in utility-scale solar and energy storage projects. The equity interests were purchased from a fund managed by Ares Management's Infrastructure and Power strategy and The Conti Group as part of CS Energy’s next phase of growth under private-equity ownership.