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mergers and acquisitions
Hitachi buys out ABB’s remaining stake in energy and power grids business
October 4, 2022
Japanese tech conglomerate Hitachi has bought the remaining 19.9% stake held in Hitachi Energy by its joint venture partner ABB.
Goldman Sachs, Cleanhill Partners buy majority stake in PCS maker EPC Power
September 15, 2022
Goldman Sachs and Cleanhill Partners have swooped to acquire a majority stake in EPC Power, a US manufacturer of power conversion systems.
BlackRock commits AU$1 billion capital for Australian battery storage developer’s 1GW buildout
August 16, 2022
A real estate and infrastructure investment arm of BlackRock has committed to investing US$700 million into Akaysha Energy’s pipeline.
Genex Power developing Queensland clean energy project with 1,400MWh battery storage
August 10, 2022
Genex Power has bought up a 2GW clean energy project which it intends to build in five stages in Queensland, Australia.
Borrego completes sale of solar PV, energy storage development arm
August 2, 2022
Borrego has completed the spin off and sale of its development business to energy transition investor ECP for an undisclosed amount.
Generate Capital enters front-of-the-meter energy storage market with developer acquisition
July 22, 2022
Generate Capital has acquired US large-scale battery storage developer esVolta.
Industrial sensor group completes acquisition of battery PCS manufacturer Dynapower
July 14, 2022
The sale of Dynapower by private equity firm Pfingsten to industrial sensor manufacturer Sensata Technologies has been completed.
Norwegian oil and gas major Equinor buys US battery storage developer East Point Energy
July 13, 2022
Norwegian state-owned energy company Equinor will acquire a US-based developer of grid-scale battery energy storage projects.
Renewables and storage software providers Power Factors and Inaccess join forces with acquisition
June 20, 2022
Inaccess, which has worked on some of world’s biggest battery projects, has been acquired by renewables software company Power Factors.
PCS manufacturer Dynapower to be acquired for US$580 million
April 27, 2022
Dynapower, a US manufacturer of energy storage and power conversion system equipment, will be acquired by Sensata, a maker of industrial sensors.
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