BlackRock Diversified Infrastructure Acquires Jupiter Power

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.

EQT Transition Infrastructure Acquires ju:niz Energy

December 5, 2024

Energy

EQT Transition Infrastructure, a new strategy capitalized by EQT, will acquire ju:niz Energy, a developer and operator of utility-scale battery energy storage systems. The deal is intended to help scale ju:niz Energy’s end-to-end value chain and grow it into an independent flexibility provider with increased asset ownership.

JLL to Acquire Javelin Capital to Expand U.S. Clean Energy Investment Banking Capabilities

March 24, 2025

Financial Services

JLL announced it has reached an agreement to acquire Javelin Capital, a North America-based renewable energy investment banking firm. The deal is expected to close shortly, subject to regulatory approvals and customary closing conditions, and is intended to expand JLL’s U.S. Energy & Infrastructure Capital Markets capabilities in the clean energy transition.

BlackRock’s Evergreen Fund Acquires 38-Project Solar & Storage Portfolio from Excelsior Energy Capital

March 12, 2024

Renewable Energy

BlackRock's Evergreen Infrastructure Partners Fund has acquired a sub-portfolio of 38 operational solar and solar-plus-storage projects (total nameplate 89 MWDC) from Excelsior Energy Capital. The sale represents a 100% divestment by Excelsior and the first exit from the firm's inaugural Fund I.

ArcLight Capital Partners Acquires Advanced Power

July 24, 2025

Energy

ArcLight Capital Partners has acquired Advanced Power and committed an initial $1 billion equity investment to accelerate development of modern power infrastructure. The partnership could deploy more than $5 billion over five years to support over 20 GW of new generation and 10+ GWh of storage, targeting utilities, data center developers and hyperscalers across North America.

TILT Holdings Acquires Jupiter Research

January 3, 2019

Manufacturing

TILT Holdings Inc. agreed to acquire Jupiter Research, a vaporization and inhalation hardware company, in a US$210 million transaction (US$70M cash and shares) under a definitive agreement signed January 2, 2019. The deal is intended to expand TILT’s hardware offerings and technology ecosystem for the cannabis supply chain; Jupiter is a 2015-founded vaporizer hardware maker serving 700+ brands with reported ~US$77M 2018 revenue and US$28M in booked orders going into Q1.