Zeo Energy Corp Acquires Heliogen, Inc.

NovaSource Acquires Heliolytics

January 5, 2022

Renewable Energy

NovaSource Power Services has acquired Heliolytics, an aerial inspections and site-data provider for photovoltaic assets. The deal expands NovaSource’s lifecycle services and digital capabilities, integrating Heliolytics’ aerial inspection and analytics to enhance asset performance for solar customers globally.

ReneSola Power Acquires Emeren Limited

October 10, 2022

Energy

ReneSola Ltd (ReneSola Power) completed an all-cash acquisition of Emeren Limited, a United Kingdom-based developer of utility-scale solar and battery storage projects, on October 10, 2022. The deal adds Emeren’s ~2.5 GW development pipeline and development expertise in Italy and other European markets to ReneSola’s European growth strategy.

Celly H2 Acquires Chemtec New Energies from Chemtec Energy Services

July 30, 2024

Renewable Energy

Celly H2 LLC has acquired Chemtec New Energies (CNE), a renewable-energy focused division of Chemtec Energy Services LLC, to expand its hydrogen fueling and storage infrastructure capabilities. The deal brings CNE's modular refueling and storage expertise into Celly's portfolio to accelerate deployment of modular advanced hydrogen refueling stations (MAHRS) for municipalities, transit authorities, fleets, industrial users and ports.

NEO Energy Acquires Zennor Petroleum

January 1, 2021

Energy

NEO Energy, backed by private equity firm HitecVision, has acquired independent oil and gas company Zennor Petroleum Limited in a transaction valued at up to USD 625 million (including deferred and contingent consideration). The deal increases NEO’s operated UK Continental Shelf portfolio and production profile, adds ~40 mmboe of reserves and >90 mmboe of un‑risked resource, and brings the Zennor team into NEO (raising combined headcount to over 180).

Helios Technologies Acquires NEM S.r.l.

July 12, 2021

Manufacturing

Helios Technologies (Nasdaq: HLIO) completed the acquisition of NEM S.r.l., an Italian hydraulic solutions and valve manufacturer. The deal expands Helios' electro-hydraulic product offering, deepens its presence in Europe (Emilia-Romagna) and adds capability to serve OEMs across material handling, construction, industrial vehicle and agricultural markets.

Stem, Inc. Acquires AlsoEnergy

December 16, 2021

Renewable Energy

Stem, Inc. acquired AlsoEnergy (Also Energy Holdings, Inc.), a global leader in solar asset management software, in a cash-and-stock transaction announced in December 2021 and closed in early 2022. The ~$695 million deal (approximately 75% cash / 25% stock) expands Stem's software capabilities and assets under management, adding ~32–33 GW of solar AUM and broadening cross-sell opportunities across utility and commercial & industrial customers.