Renewable Energy Acquisitions in Vermont
Showing 2 transactions.
-
August 23, 2024
- Buyer
- Original Clean Energy, Clean Royalties, Siltstone Capital
- Target
- iSun, SunCommon, Liberty Electric
- Industry
- Renewable Energy
- Location
- Vermont, United States
- Type
- Buyout
Original Clean Energy, a subsidiary of Clean Royalties backed by Houston-based Siltstone Capital, acquired Williston, Vermont–based iSun and its subsidiaries SunCommon (Waterbury, VT) and Liberty Electric (Salem, NH) following iSun’s bankruptcy. The sale (reported purchase price $10 million) is part of a restructuring and regional growth plan to expand solar, storage and EV charging deployment across northern New England and New York.
-
October 29, 2021
- Buyer
- iSun, Inc.
- Target
- SunCommon
- Seller
- SunCommon shareholders
- Industry
- Renewable Energy
- Location
- Vermont, United States
- Type
- Buyout
iSun, Inc. completed the acquisition of SunCommon, adding a leading residential, community and commercial solar installer to its business for approximately $25.5 million in cash plus 1,810,915 shares of iSun common stock, with additional working capital and employee distributions. The deal positions the combined company as a regional full-service solar installation leader across residential, commercial, industrial and utility-scale markets and supports iSun's East Coast residential expansion strategy.
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