US Clean Energy Acquires Eneon ES

Energy Plug Technologies Acquires True North Battery Energy Storage Corp.

September 19, 2023

Energy

Energy Plug Technologies Corp. has completed its acquisition of True North Battery Energy Storage Corp., adding battery energy storage and EV charging capabilities to its portfolio. The deal includes a Letter-of-Cooperation for distribution with Taiwan-based C-LiFE Technologies and positions Energy Plug to expand battery energy storage product distribution across North and South America.

Equinor Acquires East Point Energy

July 9, 2022

Energy

Equinor has signed an agreement to acquire 100% of Charlottesville-based battery storage developer East Point Energy LLC, bringing a 4.1 GW pipeline of early- to mid-stage US battery storage projects into Equinor's renewables portfolio. The deal accelerates Equinor's entry into the US power market and expands its capabilities in grid-scale battery storage to support its broader renewable and trading strategy.

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

September 18, 2025

Energy

SES AI Corporation (NYSE: SES) has completed the acquisition of Shenzhen UZ Energy Co., Ltd., a provider of premium energy storage systems (ESS). The deal adds ESS hardware, an established global partner network, and expanded go-to-market capability—helping SES AI offer integrated battery hardware and AI-enabled software solutions and accelerate its entry into the global ESS market, particularly in North America.

ENGIE Acquires Broad Reach Power

August 24, 2023

Energy

ENGIE has acquired Broad Reach Power, a Houston-based developer and operator of utility-scale battery energy storage systems, from investors including EnCap Energy Transition and Apollo funds. The deal—reported to be for an equity value of over $1 billion—strengthens ENGIE's battery-storage capabilities and advances its objective to reach 10 GW of battery capacity by 2030 while reinforcing its position in the United States energy transition.

Calibrant Energy Acquires Enel X Storage Unit (Enel DES) from Enel X North America

October 7, 2024

Energy

Calibrant Energy, a Macquarie Asset Management portfolio company, has completed the acquisition of 100% of Enel X Storage, LLC (Enel DES) from Enel X North America. The deal substantially expands Calibrant's development pipeline and operating portfolio—adding hundreds of MWh in operating and late-stage projects and over 2 GWh of optimization service contracts to bolster its distributed energy offerings (BESS, PV, microgrids, and related services).

Energy New England Acquires Utility Services Inc.

June 15, 2020

Energy

Energy New England LLC (ENE) has acquired Utility Services Inc. (USI), a Waterbury, Vermont–based provider of NERC-related regulatory, reliability and security advisory services. USI will operate as a wholly owned subsidiary of ENE, expanding ENE's service offering to provide a coordinated suite of compliance, reliability and cybersecurity services for public power utilities and private-sector energy providers.