Studsvik Acquisition Of Kärnfull Next (KNXT) To Expand Into SMR Project Development

H&MV Engineering Acquires Skanstec

February 4, 2024

Engineering Services

H&MV Engineering, backed by private equity firm Exponent, has acquired Skanstec Group, a European specialist in energy and telecommunications engineering. The deal combines complementary capabilities in mission-critical power and connectivity infrastructure, expands H&MV's European footprint and capabilities, and sees Skanstec shareholders and management reinvesting in the enlarged group.

NuScale Power Completes Merger with Spring Valley Acquisition Corp. to Become First Public SMR Technology Company

May 2, 2022

Energy

NuScale Power, LLC completed its previously announced business combination/merger with Spring Valley Acquisition Corp., creating the publicly traded NuScale Power Corporation. The deal resulted in an expected enterprise value of about $1.9 billion and approximately $380 million in gross proceeds, including $235 million from PIPE investors.

KKR Acquires Majority Stake in Avantus

July 30, 2024

Energy

KKR, through investment funds and accounts it manages, acquired a majority equity interest in Avantus, a U.S. utility-scale solar and solar-plus-storage developer. With closing, KKR also arranged a $522 million development facility to support Avantus’ growth and accelerate its ~30 GW solar and 94 GWh storage pipeline.

Norvestor to Acquire Norautron from Embron Group

October 16, 2025

Industrial Services

Norvestor IX SCSp has signed an agreement to acquire Norautron from Embron Group AS. Norautron, a full-service electronics manufacturing services (EMS) company headquartered in Horten, Norway, will be acquired with the Broch family (via Embron) continuing as a minority shareholder. The transaction is subject to regulatory approvals and is expected to close no later than January 2026.

Kinder Morgan Acquires Kinetrex Energy

July 16, 2021

Renewable Energy

Kinder Morgan, Inc. agreed to acquire Indianapolis-based Kinetrex Energy from an affiliate of Parallel49 Equity for $310 million. The acquisition brings Kinetrex's LNG fueling business and growing renewable natural gas (RNG) platform — including a 50% interest in a major Indiana RNG facility and three additional landfill RNG projects under development — into Kinder Morgan's Energy Transition Ventures to expand its RNG capabilities.

Norvestor Acquires Serwent Holding AS

June 10, 2024

Industrial Services

Norvestor IX has signed an agreement to acquire Serwent Holding AS, a market-leading underground infrastructure maintenance specialist headquartered in Oslo, Norway. The private equity firm will become Serwent’s largest shareholder alongside management and key employees; the deal is expected to close in Q3 2024 and supports Norvestor’s plan to consolidate and expand Serwent’s presence across Northern Europe.