Amara NZero Acquires SUNRGY SOLAR DISTRIBUTION

TSG Acquires Italian Solar Specialist SKY-NRG

November 12, 2024

Energy

TSG has acquired Italian solar energy specialist SKY-NRG, a company with about €60m in sales, roughly 100 employees and more than 720 solar installations completed between 2021 and 2023. The bolt-on deal is part of TSG's accelerated build-up strategy (27th acquisition in three years) to expand its integrated electrical and solar capabilities and reach €100m in solar revenue.

Cinven Acquires Majority Stake in Amara NZero from ProA Capital

April 27, 2023

Energy

Cinven has agreed to acquire a majority stake in Amara NZero, the Madrid-headquartered energy-transition distributor, from ProA Capital. Spanish press reports indicate the deal values Amara NZero at around €800 million with Cinven taking approximately 67% and ProA reinvesting alongside management.

Sigora Solar Acquires Aztec Solar

October 8, 2020

Renewable Energy

Sigora Solar acquired Rancho Cordova-based Aztec Solar in a strategic move to expand its geographic footprint into California, increasing its service territory to cover over half of the U.S. population. Aztec Solar will continue day-to-day operations while gradually integrating into Sigora's back-end systems and technology platform.

AMS Renewable Energy Acquires Collective Solar (NY)

September 9, 2024

Energy

AMS Renewable Energy, a New York–based distributed solar and storage EPC, has acquired Collective Solar, a distributed generation solar construction firm headquartered in Oswego, New York. The deal brings Collective Solar’s ~160 MW of construction experience and an in‑house civil and electrical construction platform to AMS, accelerating AMS’s ability to scale EPC services across the Northeast and Mid‑Atlantic.

BlackRock Real Assets Acquires National Renewable Solutions

August 18, 2021

Energy

BlackRock Real Assets has acquired 100% of National Renewable Solutions (NRS), a Minneapolis-based developer of utility-scale wind and solar projects, to accelerate development and ownership of NRS’s project pipeline of more than 3.5 GW across the Western United States. Terms were not disclosed; the deal pairs NRS’s on-the-ground development expertise and >1 GW of developed projects with BlackRock’s capital markets capabilities and global renewable power platform.

ALLETE Acquires New Energy Equity

April 15, 2022

Renewable Energy

ALLETE, Inc. (NYSE:ALE) has closed its acquisition of New Energy Equity, a distributed and community solar developer based in Annapolis, Maryland, for approximately $165.5 million. New Energy Equity has completed more than 250 distributed solar projects totaling over 330 MW and brings a ~2 GW development pipeline across 26 states; the company's management team and headquarters will remain in place.