Generac Acquires PowerPlay Business from SunGrid Solutions

June 26, 2024

Generac Power Systems has acquired the PowerPlay battery energy storage systems business from SunGrid Solutions. The PowerPlay operation in Cambridge, Ontario will become Generac's dedicated R&D facility for commercial & industrial BESS solutions; the transaction closed on June 26, 2024 and terms were not disclosed.

Buyers
Generac Power Systems
Targets
PowerPlay Battery Energy Storage Systems (division of SunGrid Solutions Inc.)
Sellers
SunGrid Solutions Inc.
Industry
Renewable Energy
Location
Ontario, Canada
Transaction Type
Divestiture

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.