mergers & acquisitions

April 7, 2026
FlexGen has acquired CES, which has to date commissioned more than 15GWh of battery energy storage system (BESS) projects.  
March 13, 2026
Google has finalised its acquisition of US renewable energy developer Intersect Power, as part of its plan to power its data centre expansions in the US.
February 24, 2026
Panellists discussed M&A in large-scale BESS on the ‘M&A Market: How Attractive Is BESS Right Now?’ panel discussion at the Energy Storage Summit 2026.
January 5, 2026
Google parent company Alphabet has announced a definitive agreement to acquire Intersect Power.
December 3, 2025
ABB has acquired the solar PV and wind inverter and battery storage power conversion system (PCS) businesses of Gamesa Electric.
August 29, 2025
Hitachi Energy has been successful in its bid to acquire full ownership of Eks Energy, a manufacturer of power conversion systems (PCS).
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August 13, 2025
FlexGen “felt compelled to step up” and ensure the continuity of operation of the more than 11GWh of assets deployed by acquisition target Powin.
August 7, 2025
Software-focused energy storage system integrator FlexGen’s bid to acquire assets from bankrupt rival Powin has been approved in court.
July 3, 2025
FlexGen Power Systems (FlexGen) has bid to take over rival US system integrator Powin during the latter’s Chapter 11 bankruptcy proceedings.
March 31, 2025
Drax has outbid Foresight Group LLP to acquire the share capital of the publicly-listed Harmony Energy Income Trust (HEIT) for £200 million (US$239.15 million).

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