424 Capital Acquires Majority Stake in Radian Generation
January 12, 2021
424 Capital closed a majority investment in Radian Generation, making it the company's new majority owner while SP Energy (USA) One LLC (a subsidiary of Plus Renewable Technologies) remains a significant minority holder. The investment will support growth and expansion of Radian's renewable energy asset management services and its RadianLENS SaaS offering, enabling product-line and geographic expansion.
- Buyers
- 424 Capital
- Targets
- Radian Generation LLC
- Sellers
- SP Energy (USA) One LLC (Plus Renewable Technologies)
- Industry
- Energy
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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