Catalyst Power Acquires AP Gas & Electric (NY) LLC

Catalyst Power Acquires US Energy Partners LLC

February 3, 2021

Energy

Catalyst Power Holdings LLC has acquired US Energy Partners LLC (USEP), a Buffalo-based retail energy provider, to establish a beachhead for Catalyst's microgrid and retail energy roll-out in New York. The deal is supported by BP Energy Partners, which committed capital to Catalyst; the acquisition expands Catalyst's retail energy supply, renewable offerings and community solar capabilities for middle‑market commercial and industrial customers in New York.

Catalyst Power Acquires Northeast Expense Reduction Services

September 6, 2022

Energy

Catalyst Power Holdings LLC, a BP Energy Partners-backed provider of cleaner energy solutions, acquired the assets of New York-based energy advisor Northeast Expense Reduction Services. The add-on expands Catalyst Power's commercial and industrial customer reach and supplier relationships in Central and Western New York to support its community solar and Connected Microgrid decarbonization offerings.

Catalyst Power Acquires Robison Energy, LLC

October 1, 2024

Energy

Catalyst Power Holdings LLC acquired Robison Energy, LLC, a New York ESCO serving the Con Edison footprint, expanding Catalyst's commercial and industrial customer base in Putnam and Westchester counties. Catalyst Power — a portfolio company of BP Energy Partners — will fold Robison's retail energy customers and channel relationships into its suite of cleaner energy and distributed energy solutions to accelerate growth in the New York market.

Apollo Acquires PowerGrid Services from The Sterling Group

July 2, 2025

Industrial Services

Apollo has completed the acquisition of PowerGrid Services from The Sterling Group and other existing investors. PowerGrid is a national provider of electric utility maintenance and construction services with more than 1,700 in-house professionals operating across 35 states; Apollo will partner with management and existing investors to support the company’s continued growth and grid modernization efforts.

Energy Capital Partners Acquires Majority Interest in PROENERGY

September 5, 2024

Energy

Energy Capital Partners (ECP) has acquired a majority interest in PROENERGY Holdings, a vertically integrated aeroderivative gas turbine platform with a 2.4 GW fleet of contracted peakers and global turbine services. The transaction (terms not disclosed) transfers control from affiliates of Eos Partners and ACON Investments to ECP, which will support PROENERGY's platform expansion, growth initiatives, and continued operations under existing leadership.

Catalyst Power Makes Minority Investment in JCD Solar Consulting, LLC

March 20, 2023

Renewable Energy

Catalyst Power Holdings LLC has made a minority equity investment in JCD Solar Consulting, LLC and will serve as the exclusive offtake provider for JCD's future community solar projects. The partnership combines JCD's development pipeline with Catalyst's community-solar subscriber aggregation and servicing capabilities to increase project subscription rates and broaden access to solar savings for small and mid-sized businesses.