Goldman Sachs Asset Management and Cleanhill Partners Acquire Majority Stake in EPC Power Corp.

September 15, 2022

The Sustainable Investing business of Goldman Sachs Asset Management and Cleanhill Partners have acquired a majority stake in EPC Power Corp. through a comprehensive recapitalization to support the company's expansion of U.S. manufacturing capacity and growth into utility-scale renewable energy storage and related markets. EPC Power, a Poway, California-based designer and manufacturer of American-made smart inverters, employs ~180 people and operates additional engineering/sales offices in Helsinki to serve global customers.

Targets
EPC Power Corp.
Industry
Renewable Energy
Location
California, United States
Transaction Type
Recapitalization

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