Renewable Energy Acquisitions in Connecticut

Emeren Group Ltd has been taken private following a merger under which Shurya Vitra Ltd (through Merger Sub Emeren Holdings Ltd) acquired all outstanding Emeren shares for cash. Under the merger each ordinary share was cancelled for US$0.20 and each ADS (representing ten shares) was cancelled for US$2.00 (net of a US$0.05 ADS cancellation fee); Emeren requested suspension of ADS trading on the NYSE and will deregister its securities.

Hull Street Energy has made a strategic growth investment in Greenskies Clean Focus, a vertically integrated developer, constructor, financier, owner and operator of distributed solar, storage and microgrid projects. The investment expands Hull Street Energy's footprint in critical power infrastructure and will support accelerated deployment of behind-the-meter renewable resources across the United States, in collaboration with prior investor JLC Infrastructure and Greenskies leadership.

New York-based Greenbacker Capital Management has made a strategic minority equity investment in Telyon, a Connecticut-based renewable energy developer focused on commercial & industrial solar, battery storage and EV charging projects. The growth capital injection will help Telyon scale headcount, expand its platform and execute a nationwide pipeline of C&I projects across more than 21 states.

Dallas-based private equity firm Tailwater Capital announced a partnership with Ash Creek Renewables to back the company as a platform for renewable fuel feedstock solutions. Ash Creek, led by CEO John Cusick, will provide feedstock marketing, distribution, pretreatment and logistics to North American renewable diesel and sustainable aviation fuel producers.

DIF Capital Partners agreed to acquire a majority equity interest in Green Street Power Partners, a US-based developer, financier, owner and operator of distributed generation solar projects. The investment will be executed through DIF Infrastructure VII and is intended to grow DIF's North American renewable portfolio and support Green Street's execution of its 2 GW+ pipeline.

Dandelion Energy has acquired Glacier Drilling, a Connecticut-based drilling team led by Mark Schock, to support expanded geothermal installation capacity across the Northeastern United States. The deal brings 26 years of drilling and geotechnical experience into Dandelion’s operations to help mobilize more crews and accelerate homeowner geothermal installations across New York, Connecticut, Massachusetts and Vermont.