Tiger Infrastructure Acquires Forsa Energy from Riverstone

Galway Sustainable Capital (Sterling Power Opportunities) Acquires Majority Stake in Forsite Renewables

January 11, 2024

Energy

Sterling Power Opportunities, a subsidiary of Galway Sustainable Capital, has acquired a majority interest in Forsite Renewables to fund expansion of the Charlotte-based developer's utility-scale solar and battery storage project pipeline. Galway will retain Forsite's existing management team and provide capital to accelerate development and repurposing of legacy fossil-fuel sites into renewable projects across the United States.

Press Ganey Acquires Forsta from EQT Private Equity and Verdane

February 7, 2022

Software

Press Ganey has acquired Forsta, a London-headquartered provider of market research, customer experience and employee experience technology, from EQT Private Equity and Verdane. The deal closed on April 26, 2022 and is intended to accelerate product innovation (especially in AI and analytics), expand Press Ganey's international and cross‑industry presence, and combine Forsta's HX platform with Press Ganey's healthcare-focused solutions.

Masdar Acquires 70% of TERNA ENERGY

November 28, 2024

Renewable Energy

Abu Dhabi Future Energy Company PJSC (Masdar) has completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA from GEK TERNA SA and other shareholders at €20 per share, valuing TERNA ENERGY at an enterprise value of €3.2 billion. Masdar will seek regulatory approval to launch an all-cash mandatory tender offer for the remaining shares and plans to scale TERNA ENERGY's renewable capacity to 6 GW by 2029 as part of a broader push to expand its European platform.

The Heritage Group Acquires FORTA from Riverarch Equity Partners

February 19, 2026

Building Products

The Heritage Group, a fourth-generation family-owned industrial conglomerate based in Indianapolis, has acquired FORTA, a Pennsylvania-based maker of synthetic fiber reinforcement for asphalt and concrete, from Riverarch Equity Partners. Financial terms were not disclosed; the acquisition bolsters The Heritage Group's construction and materials portfolio and expands its capabilities in high-performance reinforcement solutions.

First State Investments Acquires 40% Stake in Terra‑Gen from Energy Capital Partners

August 27, 2020

Renewable Energy

First State Investments (FSI) has agreed to acquire a 40% stake in renewable-energy developer and operator Terra‑Gen from Energy Capital Partners (ECP); terms were not disclosed and the deal is expected to close in Q4 2020 or early 2021 subject to regulatory approvals. Terra‑Gen, headquartered in New York, owns and operates utility-scale wind, solar, energy storage and geothermal assets (over 1,600 MW operating and more than 3,000 MW under advanced development); FSI said the investment will help execute the company’s growth plan.

Equinor and SSE Thermal Acquire Triton Power from Energy Capital Partners

June 28, 2022

Energy

Equinor and SSE Thermal have completed the £341 million acquisition of Triton Power from Energy Capital Partners, forming a 50:50 joint venture to own Triton. The deal includes the 1.2 GW Saltend Power Station and positions the buyers to decarbonise flexible power generation — including plans to prepare Saltend to run on up to 30% hydrogen from 2027 and eventual conversion to hydrogen — while supporting Equinor's H2H Saltend hydrogen project.