TRIG Acquires Fig Power, UK Battery Storage Developer

ENGIE Acquires Broad Reach Power

August 24, 2023

Energy

ENGIE has acquired Broad Reach Power, a Houston-based developer and operator of utility-scale battery energy storage systems, from investors including EnCap Energy Transition and Apollo funds. The deal—reported to be for an equity value of over $1 billion—strengthens ENGIE's battery-storage capabilities and advances its objective to reach 10 GW of battery capacity by 2030 while reinforcing its position in the United States energy transition.

Trilantic North America and Energy Impact Partners Acquire Controlling Stake in Powin Energy

February 4, 2021

Energy

Powin Energy Corporation, a Tualatin, Oregon-based designer and manufacturer of grid-scale battery energy storage systems, has sold a controlling interest to private equity firms Trilantic North America and Energy Impact Partners (EIP). The investment will provide significant equity capital to accelerate Powin's growth, improve its bankability and support scaling of its software and hardware energy storage platform.

Gibraltar Industries Acquires TerraSmart and Sunfig

December 31, 2020

Energy

Gibraltar Industries (Nasdaq: ROCK) acquired TerraSmart, a provider of screw-based ground-mount solar racking, for $220.0 million (approximately $228.2 million including working capital adjustments) and acquired Sunfig, a solar project design and modeling software provider, for $3.75 million in cash. The deals expand Gibraltar's renewable energy platform and capabilities across ground-mount racking, tracker systems, and solar project design/financial modeling to grow its solar energy business.

EnergyHub Acquires Bridge to Renewables (BTR)

September 4, 2025

Energy

EnergyHub announced the acquisition of Bridge to Renewables (BTR) to accelerate utility managed-charging programs by integrating BTR's telematics-based EV solutions and OEM integrations into EnergyHub's cross-DER VPP platform. BTR brings integrations with 12 EV OEMs and connectivity to more than 500,000 vehicles, enabling faster OEM participation in utility programs and more engaging driver experiences via embeddable apps.

Enbridge Acquires Tri Global Energy

September 29, 2022

Renewable Energy

Enbridge Inc. acquired U.S. renewable project developer Tri Global Energy for US$270 million in cash plus assumed debt, with up to ~US$50 million in contingent payments. The purchase brings TGE’s ~7 GW wind and solar development portfolio and its development team into Enbridge’s renewables platform to accelerate North American growth in wind and solar.

GIC Leads $135M Growth Investment in Powin LLC

July 14, 2022

Renewable Energy

Powin LLC, a US-based designer and manufacturer of grid-scale energy storage systems, received a $135 million growth equity investment led by GIC with participation from Trilantic Energy Partners North America, Energy Impact Partners, and Samsung Ventures. The capital will be used to scale Powin's global manufacturing, further develop its product suite and software, and support supply-chain and international growth.