Castleton Commodities International Acquires Majority Stake in L48 Energy BESS Ltd

Lyten Acquires Northvolt's BESS Product Portfolio

July 28, 2025

Renewable Energy

Lyten announced it has secured more than $200 million in additional equity (primarily from existing investors) and acquired the rights to Northvolt's Battery Energy Storage System (BESS) product portfolio, including Voltpack Mobile Systems (VMS) and Voltrack. Core members of Northvolt's energy storage engineering team will join Lyten in Stockholm, and Lyten plans to manufacture VMS and future BESS products in Gdansk, Poland with production targeted for Q4 2025.

US Clean Energy Acquires Eneon ES

April 6, 2023

Renewable Energy

US Clean Energy (USCE), a clean energy platform and holding company, has acquired Eneon ES, a North American battery energy storage system (BESS) solutions provider. The deal brings Eneon's engineering, power conversion and control system expertise into the USCE platform to expand capabilities, market reach and access to capital for accelerated growth in the BESS market.

LDC Invests in Boston Energy in Management Buyout

July 7, 2023

Renewable Energy

LDC has made a significant investment in Boston Energy, backing CEO Julian Cattermole in a management buyout from the wider Bostonair Group. The capital will support Boston Energy’s international growth in onshore and offshore wind operations, expanding its technician training, maintenance and installation services across Europe, APAC and North America.

TotalEnergies Acquires 50% Stake in AES Dominicana Renewables Portfolio

July 2, 2025

Energy

TotalEnergies has acquired a 50% stake in the solar, wind and battery storage (BESS) renewables portfolio owned by AES Dominicana, expanding its renewables footprint in the Dominican Republic. The deal follows TotalEnergies' earlier 30% purchase of AES renewables assets in Puerto Rico and increases the combined Caribbean portfolio to over 1.5 GW of capacity.

Brixey & Meyer Capital Acquires Hamlett Engineering Sales Co (HESCO) and Lipp American Tank Systems

December 20, 2023

Environmental Services

Brixey & Meyer Capital (BMC) has acquired Hamlett Engineering Sales Co (HESCO) and Lipp American Tank Systems (LATS), two Novi, Michigan–based service providers and process equipment distributors serving municipal water systems and large waste producers. The businesses were acquired from Kevin Livingston and Glenn Hummel, who will continue to lead and remain as owners; BMC says the investment will expand capabilities and accelerate growth.

Alphabet (Google) Acquires Intersect Power for $4.75 Billion

January 2, 2026

Energy

Alphabet Incorporated has agreed to acquire Intersect Power, an independent power producer focused on utility-scale solar, wind and battery energy storage systems (BESS). The all-cash deal values Intersect at $4.75 billion plus assumption of debt and brings multiple gigawatts of commissioned and in-development generation and storage capacity — including projects co-located with data centers — into Alphabet's portfolio to help secure power for its data center footprint.