Relevate Power Acquires Gravity Renewables
December 5, 2024
Relevate Power has acquired Gravity Renewables, adding 40 MW of hydroelectric and one solar project to its portfolio. The transaction was financed by funds managed by Apollo and more than doubles Relevate’s generation capacity while expanding its footprint in the Northeastern United States.
- Buyers
- Relevate Power, Apollo (funds managed by Apollo)
- Targets
- Gravity Renewables
- Platforms
- Relevate Power
- Industry
- Energy
- Location
- Colorado, United States
- Transaction Type
- Addon
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