Pilot Power Group (Boyne Capital) Acquires Trebel Energy

Boyne Capital Acquires Pilot Power Group

May 7, 2020

Energy

Boyne Capital has partnered with management to acquire Pilot Power Group, a San Diego-based provider of electric utility billing and data management, energy portfolio management, and energy procurement services serving community choice aggregators and commercial & industrial customers in the Western U.S. Boyne intends to invest in Pilot's software suite and pursue organic growth and strategic M&A to expand the company's geographic footprint and product offerings.

Pilot Energy Acquires Worthington Energy Consultants

April 3, 2024

Energy

Pilot Energy, backed by Boyne Capital Partners, has acquired Worthington Energy Consultants, a Columbus, Ohio–based energy consulting firm, to strengthen Pilot's national presence and capabilities in deregulated markets including CAISO and PJM. Worthington's Principal Craig Grant will continue to lead day-to-day operations as the firm is integrated into Pilot's platform.

Boyne Capital and New 2ND Capital Form Continuation Fund to Extend Pilot Energy Partnership

January 30, 2026

Energy

Boyne Capital closed a single-asset secondary transaction forming a continuation fund to extend its ownership of Pilot Energy and provide new capital for the company's aggressive M&A and organic growth plans. The Fund is managed and controlled by Boyne and was anchored by New 2ND Capital, which along with other new and existing Boyne LPs provided commitments to support Pilot’s platform expansion and technology investments.

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.

Climate Efficiency Partners Acquires Tri‑Tech Energy

July 3, 2025

HVAC & Mechanical

Climate Efficiency Partners (CEP), backed by 424 Capital, has acquired Tri‑Tech Energy of Boonton, New Jersey. The add‑on expands CEP's commercial & industrial HVAC preventative maintenance, service/repair, and design/build capacity in northern and central New Jersey and strengthens its Mid‑Atlantic C&I customer base.

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.