FirstLight Power Acquires Hydroméga Services Inc.

FirstLight Acquires PrimeLink

February 11, 2020

Telecommunications

FirstLight has signed a definitive agreement to acquire PrimeLink, a regional provider of voice and data services and a subsidiary of The Champlain Telephone Company. The deal expands FirstLight's fiber footprint across Upstate New York (including Plattsburgh, Glens Falls, Queensbury, Albany and the Lake Champlain corridor) and adds fiber capacity on a route into Montreal, Canada; financial terms were not disclosed and the transaction was expected to close in Q3 2020.

LS Power Acquires Algonquin Power & Utilities' Renewable Energy Business

January 8, 2025

Energy

LS Power completed the acquisition of Algonquin Power & Utilities Corp.’s large-scale renewable energy business on January 8, 2025. LS Power created Clearlight Energy to operate the acquired ~3,000+ MW of operating wind, solar, battery and RNG assets, while its REV Renewables unit will acquire the remaining ~6,200 MW of development projects, expanding LS Power’s utility-scale renewables and storage footprint across the United States and Canada.

NovaSource Acquires First Solar's North American O&M Business

March 31, 2021

Renewable Energy

NovaSource Power Services (a Clairvest-backed platform) completed the acquisition of First Solar’s North American operations & maintenance business (First Solar Energy Services), making NovaSource the largest solar O&M provider globally. Clairvest provided incremental equity to support the deal; the transaction transfers First Solar’s North American O&M operations to NovaSource to deepen O&M capabilities across utility, commercial, industrial and residential solar assets.

ArcLight Capital Partners Acquires Advanced Power

July 24, 2025

Energy

ArcLight Capital Partners has acquired Advanced Power and committed an initial $1 billion equity investment to accelerate development of modern power infrastructure. The partnership could deploy more than $5 billion over five years to support over 20 GW of new generation and 10+ GWh of storage, targeting utilities, data center developers and hyperscalers across North America.

Hillcore Group Acquires Midlite Construction Ltd.

September 15, 2023

Construction

Hillcore Group has completed the acquisition of Midlite Construction Ltd., a Fort McMurray-based powerline construction and maintenance company. The deal expands Hillcore's industrial and utility services capabilities and strengthens its regional presence across Alberta and Western/ Northern Canada.

Integrated Power Services Acquires Lighthouse Global Energy

October 24, 2023

Energy

Integrated Power Services (IPS) has acquired Lighthouse Global Energy, an Abilene, Texas-based OEM wind turbine parts supplier and manufacturer. The deal expands IPS's renewables offering—adding distribution, engineering, repair and manufacturing capabilities to support utility-scale wind power, particularly in West Texas.