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2023 Sustainability M&A List

Merger & acquisition (M&A) activity within and across the sustainability market was steady in 2023. We tracked deals involving sustainable energy & technology, sustainable consulting, green IT services, ClimateTech, along with solar, wind, hydro and bio energy transactions.

Want to Download or Update This List?: Please email your request to Editorial Director Joe Panettieri. In your email please include your full name, title, company and specific request.

Deal NumberYear & MonthBuyerBuyer HQ CityState/ProvinceCountryAcquiredFocusPrivate Equity FirmValuationDetails
2132023-12Renew-HomeRenew HomeBrooklynNew YorkUnited StatesMerger of Google's Nest Renew and OhmConnectSoftware, SaaS, Cloud, Energy Management, Grid ReliabilityNoneUndisclosedNest Renew, a Google service that helps individuals optimize electricity consumption, and software company OhmConnect are merging in a bid to build a so-called virtual power plant that would improve grid reliability as more renewables come online, Bloomberg reported. The new company will be called Renew Home.
2122023-12CoolsysCoolSysBreaCaliforniaUnited StatesGeorgia Air SolutionsHVACNoneUndisclosedStatement from the buyer: Through this acquisition, CoolSys will reinforce its market density and diversify its customer base in Georgia.
2112023-12stonewegStoneweg U.S.St. PetersburgFloridaUnited StatesProse Frontier DevelopmentSustainability, Real EstateNoneUndisclosedStatement from the buyer: toneweg U.S., LLC ("Stoneweg US"), a real estate investment and development firm focused on ESG optimization in the workforce housing sector, and with a growing portfolio valued at $2.1 Billion AUM, is thrilled to announce the acquisition of Prose Frontier, soon to be rebranded as Prosper Crossings. This 324-unit core plus multifamily asset aligns perfectly with Stoneweg US' commitment to driving impactful, responsible investments and fostering sustainable communities.
2102023-12honeywellHoneywellCharlotteNorth CarolinaUnited StatesCarrier Global's Global Access Solutions businessBuilding AutomationNone13X estimated 2023 EBITDA; $4.95 billion in cashFrom the buyer: The acquisition, which includes both hardware and software solutions, further supports Honeywell's recently announced plans to align its portfolio to three compelling megatrends: automation, the future of aviation and energy transition, underpinned by robust digitalization capabilities and solutions. The Global Access Solutions business will enhance Honeywell Building Technologies' business model of leading with high-value products that are critical for buildings.
2092023-12eqt-group-growth-private-equity-venture-capital-pe-vcEQTStockholmSwedenHeritage Environmental ServicesWaste Management, SustainabilityEQTUndisclosedFrom the buyer: HES and its nearly 1,600 full-time team members safely manage approximately 660 thousand tons of industrial waste per year for more than 1,800 customers. The company’s wide array of tailored solutions from waste disposal, on-site support, and technical solutions to emergency response and sustainability services,
2082023-12uniqus Uniqus Consultech Inc.MumbaiMaharashtraIndiaThe global ESG business of Goodera Consulting, ESG, Accounting, TechnologyNexus VenturesUndisclosed
2072023-12morrowsodali_logoMorrow SodaliNew YorkNew YorkUnited StatesDomestiqueCorporate Communications, Reputation Management, ESG ConsultingTPG GrowthUndisclosedMorrow Sodali has acquired Domestique, a corporate communication and reputation management consultancy that has sustainability and ESG expertise.
2062023-12BPABPAMontrealQuebecCanadaThe Mitchell Partnership (TMP)Consulting, Engineering, SustainabilityNoneUndisclosedStatement from the buyer: BPA, a Montreal-based engineering firm specializing in institutional, commercial, multi-residential and industrial buildings, as well in sustainability, and The Mitchell Partnership (TMP), a consulting engineering firm with a 60-year history and strong reputation in Toronto,
2052023-12ArchKey_Tagline_LogoArchKey SolutionsSt. LouisMissouriUnited StatesTotal ElectricElectrical, Technologies, Wireless, Networking,NoneUndisclosed ArchKey Solutions has acquired Total Electric, which specializes in electrical and specialty service, repair, maintenance, and tenant improvements for strategic clients across a diverse set of end markets.
2042023-12VerdantasVerdantasDublinOhioUnited StatesGRP EngineeringEvironmental Consulting, Sustainable Engineering, Modeling, Digital TechnologyRTC PartnersUndisclosedVerdantas, a private-equity-backed firm specializing in environmental consulting, sustainable engineering, modeling and digital technology, announced today it has acquired GRP Engineering, Inc. (GRP). Based in Petoskey, Michigan, GRP is an independent power utility consulting and electrical engineering firm delivering electrical design and construction administration services to a diverse array of clients within the power market, including electric cooperatives, municipalities, investor-owned utilities, plus industrial and commercial entities.
2032023-12Norda-StelloNorda SteloQuebecCanadaCWA Engineers Inc.Engineering, Consulting, SustainabilityNoneUndisclosedNorda Stelo has acquired CWA Engineers Inc. (CWA), an engineering company based in Vancouver. The deal is "rooted in a commitment to innovation and sustainability," the companies said.
2022023-12climeco_logoClimeCoBoyertownPennsylvaniaUnited StatesAmpliphiSustainability, ConsultingNoneUndisclosedClimeCo, a global sustainability company, has acquired Ampliphi and its plastic action program, the Plastic Scorecard. These assets will "further enhance ClimeCo's ability to deliver authentic sustainability results with expert-led advisory services," the buyer said. Financial terms of the deal were not disclosed.
2012023-12legence_logoLegenceSan JoseCaliforniaUnited StatesOCI Associates Consulting, Engineering, MEPBlackstoneUndisclosedLegence, a Blackstone company focused on energy transitions, has acquired OCI Associates (OCI), a Mechanical, Electrical, Plumbing (MEP) consulting engineering and Commissioning firm in Florida. OCI, based in Orlando, offers such services as lighting design, fire protection, and project management. Financial terms of the deal were not disclosed.
198, 199, 2002023-12Total-EnergiesTotalEnergiesParisFranceDsflow, Nash Renewables and Predictive LayerSoftware, SaaS, ElectricityNoneUndiscosedTotalEnergies has acquired three technology start-ups in the electricity business. The deals involve Dsflow, Nash Renewables and Predictive Layer. The acquisitions will enable TotalEnergies to improve its B2B offers; the development of renewable projects; market analyses; and the deployment of EV charging points, the buyer said. TotalEnergies also acquired a 56% stake in Time2plug to "facilitate and accelerate the deployment of EV charging points in France for its small B2B customers." Each of the acquired businesses participated in the TotalEnergies On accelerator program. TotalEnergies, based in Paris is a global multi-energy company that produces and markets oil and biofuels, natural gas and green gases, renewables and electricity.
1972023-12TXOTXOChepstowWalesLynx UK LtdIT Services, Telecom Network Services, TowerBrook Capital PartnersUndisclosedTXO, a provider of end-to-end circular telecom network solutions, has acquired Lynx UK Ltd, a specialist network decommissioning and engineering solutions provider. Financial terms of the deal were not disclosed.
1962023-12EasyLeaseEasyLeaseDubaiUnited Arab EmiratesFully ChargedEV Charging, Electric Vehicle ChargingNoneUndisclosed EasyLease, a motorcycle rental company, has acquired 60% of Fully Charged, a UAE-based company specializing in electric vehicle (EV) charging technology. FullyCharged, launched in 2020, offers home charger installation, corporate charging solutions, and ongoing support and maintenance. The company has installed more than 5,000 charging devices since inception. Financial terms of the deal were not disclosed.
1952023-12pacific_equity_partners_logoPacific Equity PartnersSydneyNSWAustraliaEVSEEV Battery ChargingPacific Equity Partners$250 millionPacific Equity Partners, a private equity firm, has paid $250 million to acquire a majority stake in EVSE -- an Australian battery charging technology company, The Driven reported.
1942023-12SDLCSDCL (Sustainable Development Capital LLP)LondonUnited KingdomVolerySDCL (Sustainable Development Capital LLP)UndisclosedSDCL has acquired Volery, a US-based private equity firm focused on the energy transition. The deal enables SDCL to "participate in a broader range of energy transition opportunities focused on energy efficiency," the buyer said. The combined firm manages more than US$2 billion of assets across over 50 investments worldwide. Financial terms of the deal were not disclosed.
1932023-12BlackstoneBlackstoneNew YorkNew YorkUnited StatesPower Grid ComponentsEnergy Transition, ComponentsBlackstone$600 MillionBlackstone has acquired Power Grid Components for $600 million amid ongoing energy transition investments, multiple sources reported.
1922023-12uplightUplightBoulderColoradoUnited StatesAutoGridDistributed Energy Resource Management System, DERMSNoneUndisclosedUplight is acquiring AutoGrid, a Virtual Power Plant (VPP) and Distributed Energy Resource Management System (DERMS) provider. The seller is Schneider Electric. Financial terms of the deal were not disclosed. Luis D’Acosta, CEO, Uplight Among the plot twists: Schneider Electric has owned AutoGrid for a year or so, and also is an investor in Uplight.
1912023-12yes_energy_logoYes EnergyBoulderColoradoUnited StatesAnchor Power SolutionsSoftware, Power Market ForecastingNoneUndisclosedFrom the Buyer: Yes Energy, a leader in North American power market data, today announced the acquisition of Anchor Power Solutions, provider of EnCompass, a highly flexible software model for power market forecasting and resource planning covering complex North American power markets.
1902023-12Francisco PartnersFrancisco PartnersSan FranciscoCaliforniaUnited StatesBlancco Technology GroupMobile Lifecycle Management, E-Waste Reduction,Francisco Partners£175 million (roughly US$220.1 million)Francisco Partners completed the Blancco acquisition for an equity valuation of approximately £175 million (roughly US$220.1 million) on December 5, 2023. Blancco, based in London (UK) and Austin, Texas (United States), develops circular economy software and technologies.
1892023-12CarlyleCarlyle and Insight PartnersMultipleMultipleUnited StatesMajority stake in ExigerSoftware, Supply Chain, ESGCarlyle and Insight PartnersUndisclosed Carlyle and Insight Partners will acquire a majority stake in Exiger, a supply chain software company that has ESG monitoring capabilities. Exiger's management, founders, and existing investor Carrick Capital Partners will reinvest equity as part of this deal. Financial terms and valuation information were not disclosed.
1882023-12lumine_group_logoLumine GroupTorontoOntarioCanadaNokia's device management and service management platform Software, IT Monitoring, ITAD, IT Asset DispositionNoneUS$203.2 million plus a potential US$38.4 million earn-out Lumine Group is acquiring Nokia's device management and service management platform for €185 million (US$203.2 million) up-front. Lumine may pay an additional €35 million (US$38.4 million) for the business based on year-one performance metrics. The acquired business, spanning 500 employees, manages more than 1 billion nodes -- including home broadband devices and IoT sensors. In theory, Lumine could leverage the platform to deliver IT asset management (ITAM), e-waste reduction and power management services.
1872023-12krakentech_logoKrakenLondonUnited KingdomSennenEnergy Transition, Software, TechnologyNoneUndisclosedKraken has acquired Sennen, a provider of software for the delivery and operation of large-scale renewable energy generation. Kraken's software provides analytics, real-time monitoring, optimization and control of energy devices, such as solar and wind generation, batteries, heat pumps and electric cars. Sennen's cloud-based software provides oversight, maintenance and daily operation of renewable energy projects. Financial terms of the deal were not disclosed.
1862023-12Integrated-Power-ServicesIPSGreenvilleSouth CarolinaUnited StatesWind SolutionsCritical InfrastructureNoneUndisclosedIPS, a provider of electromechanical and rotating equipment, as well as power management systems, has acquired Wind Solutions, according to North American Wind Power.
1852023-12bpBPLondonUnited KingdomLightsource bpRenewable Energy, Solar Power, Battery StorageNoneUS$321 million for 50.3%; US$642 million for overall businessBP is acquiring full ownership of Lightsource bp, a developer and operator of utility-scale solar and battery storage assets.
1842023-12Altus-PowerAltus PowerStamfordConnecticutUnited StatesUnico Solar InvestorsRenewable Energy, Solar PowerNoneUndisclosed Altus Power has acquired Unico Solar Investors as part of a U.S. west coast expansion plan. Financial terms of the deal were not disclosed.
1832023-12nextenergy_capital_logo NextEnergy CapitalLondonUnited Kingdom100MW utility-scale solar project in FloridaRenewable Energy, Solar Power NextEnergy CapitalUndisclosedNextEnergy Capital has acquired a 100MW utility-scale solar project in Florida.
1822023-12ExusExus North AmericaMadridSpainNew Mexico Renewable DevelopmentRenewable Energy, Solar PowerExus North America$230 million Exus North America plans to acquire New Mexico Renewable Development from American Electric Power and PNM Resources Inc. for about $230 million, according to Bloomberg. The deal includes 15 solar projects.
1812023-12ACENBelenos Energy and ACENMakati CityMetro ManilaPhilippinesYMP Telecom Power Inc. and YMP Industrial Power Inc.Renewable Energy, Solar Power, Telecom TowersNoneUndisclosedBelenos Energy, a wholly owned subsidiary of ACEN, has acquired YMP Telecom Power Inc. and YMP Industrial Power Inc. Belenos Energy acquired the businesses to build and operate solar-powered solutions for telecommunication towers and commercial and industrial solar power solutions in the Philippines, the buyer said in a regulatory filing.
1822023-12ExusExus North AmericaMadridSpainNew Mexico Renewable DevelopmentRenewable Energy, Solar PowerExus North America$230 million Exus North America plans to acquire New Mexico Renewable Development from American Electric Power and PNM Resources Inc. for about $230 million, according to Bloomberg. The deal includes 15 solar projects.
1802023-12PPC RenewablesPPC RenewablesAttikaGreece216MW Alexandroupoli offshore wind project off GreeceRenewable Energy, Wind PowerNoneUndisclosed Greek developer PPC Renewables has acquired the 216MW Alexandroupoli offshore wind project off Greece, ReNews.biz reported.
1792023-11Blackstone_400x400Blackstone and Vista EquityMultipleUnited StatesEnergy ExemplarEnergy Market SoftwareBlackstone and Vista Equity$1 billion (estimated)The acquired business is a provider of energy market software. The seller was private equity firm Riverside Company. The deal was worth more than $1 billion, Reuters reported.
1782023-11straiveStraiveSingaporeGramenerBig Data, Analytics, AIBPEA EQT, part of EQTUndisclosedThe acquired business is a design-led data science company. Straive is owned by BPEA EQT, a global investment organization. Gramener's expertise spans low-code AI for clients across multiple industries, including Pharmaceuticals & Life Sciences, Logistics & Manufacturing, ESG, and Technology & Consulting.
1772023-11BIPBIPLondonUnited KingdomVercoEnergy ManagementNoneUndisclosedThe acquired business is an energy management and sustainability business providing zero-carbon solutions to customers. Financial terms of the deal were not disclosed.
1762023-11volvoVolvoGothenburgSwedenProterra's battery businessEV BatteriesNone$210 millionSwedish truckmaker Volvo won an auction for the battery business of troubled Proterra in the United States with a $210 million bid, Reuters reported.
1752023-11SeacloudSeacloudFinnmarkNorwayMeoxSoftware, Environmental MonitoringBluefront EquityUndisclosedSeacloud, backed by private equity firm Bluefront Equity, has acquired the environmental monitoring products and software suite of Meox.
1742023-11Barge-Design-Solutions__400x400Barge Design SolutionsNashvilleTennesseeUnited StatesEnvironmental Consulting and Design Inc.Environmental Planning, ConsultingNoneUndisclosedThe acquired business is a Florida -based consulting firm specializing in environmental permitting, land planning, mitigation banking, land management and geospatial services. Financial terms of the deal were not disclosed.
1732023-11RambollRambollCopenhagenDenmarkAcondasManagement ConsultingNoneUndisclosedThe acquired business is strategic management consultancy focused on "strategy implementation, encompassing sustainability transformation, value enhancement and transaction advice," the buyer said. Financial terms of the deal were not disclosed.
1722023-11Pacific Green Battery ParkPacific Green Battery ParkLondonUnited KingdomMultiple Italian projectsBattery Energy Storage Systems, BESSNoneUndisclosedacific Green Battery Energy Park has acquired 51% in five Italian energy projects from Sphera Energy Srl. The remaining 49% of the shares of each project will be acquired on achievement of certain development milestones, the buyer said.
1712023-11Loud-Mobility-2Loud MobilityLondonUnited KingdomCyclechikSustainable TransportNoneUndisclosed Loud Mobility, a sustainable transport business, has acquired Cyclechic -- an e-commerce business. Financial terms of the deal were not disclosed.
1702023-11LocoSocoLogoSoco GroupLondonUnited KingdomQintelligenceESG SoftwareNoneUndisclosedLocoSoco Group is acquiring Qintelligence, an AI-powered Environmental, Social, and Governance (ESG) reporting platform. Financial terms of the deal were not disclosed.
1692023-11nLightennLightenAmsterdamDenmarkGYROcenterDafa CenterISquared CapitalUndisclosednLighten, a sustainable data center company backed by private equity firm ISquared Capital, has acquired GYROCenter, a high-performance data center in Amsterdam. Gyro's carrier-neutral data center procures 100% renewable energy and is proactively managing energy consumption, the buyer said. Financial terms of the deal were not disclosed.
1682023-11deloitteDeloitte CanadaTorontoOntarioCanadaFleet Challenge Canada Inc.Fleet ManagementNoneUndisclosedThe acquisition expands Deloitte Canada's existing offerings for mid-market and large clients in fleet management, decarbonization, and electrification strategies. Financial terms of the deal were not disclosed.
1672023-11HIVE Digital TechnologiesHIVE Digital TechnologiesVancouverCanadaSweden data centerData CentersNoneRoughly $2.25 millionHIVE will pay up to $750,000 in cash and $1.5 million payable in common shares. HIVE Digital Technologies positions itself as the "first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a sustainable green energy focus."
1662023-11CelnorCelnor GroupReadingUnited KingdomBrownfield SolutionsEnvironmental ServicesInflexion Private EquityUndisclosedBrownfield Solutions provides site investigation, contaminated land and risk assessment to support planning, due diligence, project feasibility, development design and remediation on both brownfield and greenfield sites.
1652023-11ArdianArdianParisFranceVerne GlobalData CentersArdianUndisclosedThe seller was Digital 9 Infrastructure. Financial terms of the dal were not disclosed. Digital 9 had been struggling with debt ahead of the deal, Datacenter Dynamics reported.
1642023-11EconoliteEconoliteAnaheimCaliforniaUnited StatesRAI ProductsTraffic Management, DisitributionNoneUndisclosedThe deal "represents our steadfast commitment to sustainable mobility by providing the industry with the best traffic control technologies and ITS (intelligent transportation systems) solution," said John Rosenblatt, president of RAI.
1632023-11Trinity-ConsultantsTrinity ConsultantsDallasTexasUnited StatesLongman LindseyEnvironmental Consulting, Engineering ServicesNoneUndisclosed Trinity, a global environmental consulting firm providing services and solutions in the built environment, EHS regulatory compliance, life sciences, and water and ecology markets, acquired Longman Lindsey, a New York-based full-service acoustical consultancy with specialized expertise in the construction industry.
1622023-11MadisonMadison Energy Infrastructure (MEI)New YorkNew YorkUnited States Pro-Tech Energy SolutionsSolar Energy, Renewable EnergyNoneUndisclosedMadison Energy Infrastructure (MEI) has acquired Pro-Tech Energy Solutions. The acquired business has built "hundreds of distributed solar projects and has recently developed substantial front-of-the-meter assets across the Northeast and Mid-Atlantic," MEI said.
1612023-11JabilJabil Inc.St PetersburgFloridaUnited StatesRetronixSupply ChainNoneUndisclosedJabil Inc. -- which specializes in design, manufacturing, and supply chain solutions -- has acquired Retronix, a provider in the reclamation and refurbishment of electronic components. The deal adds to Jabil’s current circular economy services including reverse supply chain management, medical device reprocessing, recycled packaging, and emission reductions. Financial terms of the acquisition were not disclosed.
1602023-11BainCapitalBain Capital Private EquityBostonMassachusettsUnited StatesGuidehouseManagement Consulting, IT Services, SustainabilityBain Capital Private Equity$5.3 BillionBain Capital Private Equity's plan to acquire Guidehouse for $5.3 billion extends far beyond traditional consulting and IT services. Indeed, Guidehouse also offers numerous sustainability services to help utilities and other types of customers with their carbon footprint reductions.
1592023-11AMCSAMCSLimerickIrelandFigBytesESG, Sustainability, Software, CloudClearlake Capital GroupInsight Partners, Ireland Strategic Investment Fund (ISIF) and Highland EuropeUndisclosedEnvironmental software provider AMCS has acquired sustainability software company FigBytes. The acquisition essentially extends AMCS's ESG software efforts from Europe to North America. Financial terms of the deal were not disclosed.
1582023-11eqt-group-growth-private-equity-venture-capital-pe-vcEQT Infrastructure IVLuxembourg

Statera Energy

Battery Storage, Hydrogen, EnergyEQT Infrastructure IV£500 million (US$620 million)EQT Infrastructure IV is acquiring battery storage and green hydrogen specialist Statera Energy from InfraRed Capital Partners. The purchase price was not disclosed, but the deal was valued at roughly £500 million (US$620 million), Bloomberg reported.
1572023-11Closed Loop PartnersClosed Loop PartnersNew YorkNew YorkUnited StatesSage Sustainable ElectronicsITAD, IT Asset DispositionClosed Loop PartnersUndisclosedPrivate equity and circular economy investment firm Closed Loop Partners has acquired a majority stake in Sage Sustainable Electronics for IT asset disposition (ITAD) services. Financial terms of the deal -- which Closed Loop and Sage positioned as a partnership -- were not disclosed. Also, go-forward percentage ownership figures for the buyer and seller were not disclosed.
1562023-11Iron-MountainIron MountainBostonMassachusettsUnited StatesRegency TechnologiesIT Asset Disposition, ITADNone$200 Million or 7.5x Annual EBITDAIron Mountain has acquired Regency Technologies, a provider of IT asset disposition (ITAD) services in the United States. The purchase price was $200 million, and the valuation was roughly 7.5 times annual EBITDA (earnings before interest, taxes, depreciation and amortization), Iron Mountain said.
1552023-11cleanhoice-energyCleanChoice EnergyWashingtonD.C.United StatesA solar project in Franklin County, Mercersburg, PennsylvaniaSolar Energy, Renewable EnergyNoneUndisclosedCleanChoice Energy, a farm-to-table clean energy company, has acquired a solar project in Franklin County, Mercersburg, Pennsylvania. This is CleanChoice’s first acquisition as part of its long term ownership strategy. Financial terms of the deal were not disclosed.
1542023-11Ford MotorFord MotorDetroitMichiganUnited StatesAuto Motive Power (AMP)Electric Vehicle Charging, EV Charging, Battery ManagementNoneUndisclosedFord is buying Auto Motive Power (AMP) to bolster its charging, battery management and power conversion tech.

Trinity Consultants has acquired Waid Environmental, an engineering and environmental services firm specializing in air quality, emissions control, permitting and compliance. The buyer is based in Dallas and the acquired business is based in Austin, Texas.

DallasTexasUnited States

WAID Environmental

Environmental Consulting, Engineering ServicesNoneUndisclosedTrinity Consultants has acquired Waid Environmental, an engineering and environmental services firm specializing in air quality, emissions control, permitting and compliance. The buyer is based in Dallas and the acquired business is based in Austin, Texas.

OnProcess Technology

Supply Chain Management, Supply Chain Sustainability, SoftwareNoneUndisclosedAccenture is acquiring OnProcess Technology, a provider of supply chain managed services that improve sustainability. Financial terms of the deal were not disclosed.
1512023-11Anthesis GroupAnthesisLondonUnited KingdomProgressiveSustainability, Consulting,NoneUndisclosedAnthesis, a global pure-play sustainability advisory and solutions firm, has acquired Progressive, a growth and innovation consultancy. Financial terms of the deal were not disclosed. Anthesis has acquired five businesses so far in 2023. The other acquisitions involve:
1502023-10LennoxLennoxDallasTexasUnited StatesAESHVACNoneUndisclosedLennox has acquired AES, a company dedicated to "service and sustainability in the light commercial market." AES provides installations services, adapter curbs, and reclaim services. AES will tuck into the Lennox Commercial Business Segment. Financial terms of the deal were not disclosed.
1492023-10UPSUPSAtlantaGeorgiaUnited StatesHappy ReturnsReverse LogisticsNoneUndisclosedUPS is acquiring Happy Returns from PayPal. Happy Returns is a U.S.-based software and reverse logistics company that enables no-box, no-label returns for merchants and consumers. Financial terms of the deal were not disclosed. PayPal has owned Happy Returns since 2021.
1482023-10Wallbox WallboxBarcelonaSpainABLEV Charging, Electric Vehicle Charging NetworksNone €15 million (US$15.81 million)Wallbox has acquired ABL for approximately €15 million (US$15.81 million). ABL develops EV charging solutions in Germany, the largest EV market in Europe with more than two million EVs on the road. The Wallbox-ABL installed base spans more than 1 million EV chargers worldwide. Wallbox revenue was €33.0 million in Q3 of 2023. Excluding a €1.8 million adjustment for distributor rebates and returns, revenues were €34.8 million, relatively flat compared to Q1 2023. Wallbox is based in Barcelona, Spain.
1472023-10AccentureAccentureDublinirelandComtech GroupEnergy Transitions, ConsultingNoneUndisclosedAccenture has acquired Comtech Group, a consulting and program management company for infrastructure projects in Canada and the United States. Comtech's expertise includes energy transitions. Comtech and Anser Advisory -- another recent Accenture acquisition -- tuck into Accenture’s digital engineering and manufacturing service, known as Industry X.
1462023-10CSI LeasingCSI Leasing MalaysiaMalaysiaExportXcelITAD, IT Asset DispositionNoneUndisclosedCSI Leasing Malaysia has acquired ExportXcel, an ITAD company that specializes in used and refurbished IT equipment, Monitor Daily reported. CSI Leasing Malaysia will operate under ExportXcel's EPC banner.
1452023-10Ormat TechnologiesOrmat TechnologiesRenoNevadaUnited StatesMultiple= geothermal and solar assets in Nevada, Utah and ConnecticutSustainability, Renewable Energy, Solar Energy, GeothermalNone$271 million and 11.3X annual EBITDA. Ormat Technologies is acquiring various geothermal and solar assets in Nevada, Utah and Connecticut for $271 million. The seller is Enel Green Power North America (EGPNA), a subsidiary of Enel SpA. The acquired assets have generated annual revenue and EBITDA of roughly $35 million and $24 million, respectively, for the years 2020 through 2022. That means the deal's valuation is roughly 11.3 times annual EBITDA. The deal is expected to close by Q1 of 2024.
1442023-10alquity_400x400AlquityLondonUnited KingdomVAM FundsInvesting, Sustainability, Financial ServicesNoneUndisclosedResponsible investment manager Alquity has acquired fund management group and platform VAM Funds for an undisclosed sum, International Advisor reported. Alquity emphasizes ESG funds and sustainable investment products.
1432023-10Bernhard Capital PartnersEnvironmental Systems GroupBaton RougeLouisianaUnited StatesELOS EnvironmentalEnvironmental ConsultingBernhard Capital PartnersUndisclosedBernhard Capital Partners, a services and infrastructure-focused private equity management firm, established Environmental Systems Group in July 2022 to provide a comprehensive suite of environmental and technology-driven solutions to meet the increasingly complex needs of both public and private clients across industries. As Environmental Systems Group's third acquisition, ELOS will expand the platform's diversified environmental service offerings and strengthen the company's geographic presence in the Gulf Coast region.
1422023-10Aukett SwankeAukett SwankeLondonUnited KingdomTR Control SolutionsSoftware, Energy Consumption, Energy Metering, Building ManagementNone£360,450 (US$438,000.). Aukett Swanke has acquired TR Control Solutions, a developer of energy management software and provider of energy efficiency services. The purchase price was £360,450 (US$438,000.).
1412023-10DevoteamDevoteamParisFranceSingularity Data EnterpriseAI, Artificial Intelligence, Big Data, Cloud, SustainabilityNoneUndisclosedDevoteam has acquired Singularity Digital Enterprise, a data-focused IT consultancy in Portugal. Devoteam is a tech consulting firm specializing in cloud, cybersecurity, data, and sustainability. The company has more than 10,000 employees across EMEA. Sigularity has 60 data employees. The company has completed more than 200 projects for customers in Portugal. Sigularity's key partners include Microsoft.
1402023-10Full-Circle-ElectronicsFull Circle Electronics (FCE)PhoenixArizonUnited StatesIT Asset Disposition (ITAD) business from SIPI Asset RecoveryIT Asset Disposition, ITADTide RockUndisclosedFull Circle Electronics (FCE), backed by private equity firm Tide Rock, has acquired the ITAD assets from SIPI Asset Recovery. Full Circle gains ITAD geographic reach across Northern California, Illinois, Texas, Mexico and Columbia, the buyer said. Financial terms of the deal were not disclosed.
1392023-10MSCIMSCI Inc.New YorkNew YorkUnited StatesTrove ResearchConsulting, Carbon ReductionNoneUndisclosedMSCI Inc., a provider of decision support tools and services for the global investment community, has acquired Trove Research, an advisory firm focused on the carbon market. Financial terms of the deal were not disclosed.
1382023-10TechnosylvaTechnosylvaLa JollaCaliforniaUnited StatesAtmospheric Data Solutions (ADS).Public Safety, Big Data, Analytics, Wildfire Risk MitigationNoneUndisclosed Technosylva, a provider of wildfire mitigation technology solutions, has acquired Atmospheric Data Solutions (ADS). ADS is a provider of advanced atmospheric data and analytics solutions to U.S. and European utilities, government agencies, and businesses. The acquisition will further help Technosylva's customers to "prevent the destructive and increasingly common occurrence of wildfires in multiple geographies including the United States." Financial terms of the deal were not disclosed.
1372023-10Speedy HireSpeedy HireNewton-le-WillowsUnited KingdomGreen Power Hire Limited (GPH)Battery StorageNone$24.77 million Speedy Hire has acquired Green Power Hire Limited (GPH) for an enterprise value of £20.2 million (US$24.77 million). GPH supplies Battery Storage Units (BSU) to the UK rental market, mainly to the construction sector. The deal will further accelerate Speedy Hire's sustainability strategy, the buyer said.
1362023-10Blue YonderBlue YonderScottsdaleArizonaUnited States DoddleSupply Chain Management, Reverse LogisticsNoneUndisclosed Blue Yonder, a supply chain solutions provider, has acquired Doddle, a startup that offers final mile, returns management and reverse logistics solutions. Financial terms of the deal were not disclosed.
1352023-10QualusQualus Corporation OrlandoFloridaUnited StatesGridBrightElectric Grid, Energy, Sustainability, ConsultingNoneUndisclosed Qualus Corporation has acquired GridBright, a technology solutions firm that specializes in secure and sustainable grid integration. The deal "further solidifies Qualus’ position as a leading innovator at the forefront of the energy transition, with differentiated capabilities across grid modernization, resiliency, security, and sustainability," the buyer said. Financial terms were not disclosed.
1342023-09GXOGXO LogisticsGreenwichConnecticutUnited StatesPFSweb Inc.E-Commerce, Reverse Logistics, Supply ChainsNone$181 equity valueGXO acquired PFSweb for $7.50 per share in cash, representing an equity value of approximately $181 million. The enterprise value is $142 million and includes PFSweb’s cash balance of $39 million at June 30, 2023.
1332023-09ValSoft-400x400Valsoft Corp.MontrealQuebecCanadaOptima Energy SystemsESG SoftwareValsoft Corp.UndisclosedVertical market software investor Valsoft Corporation has acquired the UK business assets of Optima Energy Systems, a provider of software for managing and analyzing energy data. The software delivers energy and sustainability data for Environmental, Social and Governance (ESG) reporting. Financial terms of the deal were not disclosed.
1322023-09PetroChinaPetroChinaBeijingChinaPotevio New Energy Co Ltd. EV Charging, Electric Vehicle NoneUndisclosedPetroChina has acquired electric vehicle (EV) charging firm Potevio New Energy Co Ltd. PetroChina is the country's top oil and gas company. Potevio ran 50,000 charging points in more than 50 Chinese cities as of 2021, Reuters reported. Financial terms of the deal were not disclosed.
1312023-09Lime-Rock-New-EnergyLime Rock New EnergyWestportConnecticutUnited StatesPower TakeOffEnergy Efficiency SoftwareLime Rock New EnergyUndisclosed Lime Rock New Energy, a growth equity investor, has acquired Power TakeOff -- which develops energy efficiency software for small and midsize business (SMB) customers. Financial terms of the deal were not disclosed.
1302023-09ISNISNDallasTexasUnited StatesTransparency-OneSupply Chain Management, SoftwareBlackRockUndisclosed ISN, backed by Blackstone Growth, has acquired Transparency-One, a supply chain platform that provides customers with visibility, traceability and sustainability information. Financial terms of the deal were not disclosed.
1292023-09CapManCapMan InfraHelsinkiUusimaaFinlandFuzionColocation, Data Centers, Green IT, SustainabilityCapMan InfraUndisclosed CapMan Infra has acquired Fuzion, a Danish data centre colocation provider focused on sustainability and green IT services. The deal follows CapMan Infra’s acquisition of Serverius in May 2023 to establish a northern European data centre platform.
1282023-09fujitsu-400x400FujitsuTokyoJapanInnovative Consulting Services (ICS)IT Consulting, Sustainable Manufacturing, SAPNoneUndisclosed Fujitsu has acquired Innovation Consulting Services (ICS), an SAP consultancy in Thailand-based. ICS specializes in sustainable manufacturing and consumer experience (CX).
1272023-09draxDrax Energy SolutionsMonroeLouisianaUnited StatesBMM Energy SolutionsIntegrator, EV Charging SystemsNoneUndisclosedDrax Energy Solutions, part of the Drax Group, acquired BMM Energy Solutions (BMM) to "strengthen its fleet electrification proposition to UK business."
1262023-08PEXA_400x400PEXA GroupDocklandsVictoriaAustraliaLand InsightSoftware, Analytics, Climate Risk, Real EstateNoneUndisclosedPEXA Group has acquired Land Insight -- an Australian environmental risk data analytics company. Land Insight’s software and climate risk data allows customers to assess and respond to the increasing impacts of natural hazards on the use and value of land, the buyer said. PEXA's overall software portfolio allows governments, financial institutions, banks and property practitioners to estimate the future value of property.
1252023-08smiths-group_400x400Smiths GroupLondonUnited KingdomHeating & Cooling ProductsHeating Ventilation & Air Conditioning, HVACNoneLess than 7X estimated 2023 EBITDASmiths Group, an industrial technology company, has acquired Heating & Cooling Products (HCP), a US-based manufacturer of Heating, Ventilation & Air Conditioning (HVAC) solutions. The purchase price was US$82 million (approximately £65 million) on a cash and debt-free basis. HCP’s unaudited revenue for the 12 months to 31 July 2023 was $69 million (approximately £55 million). The deal's valuation was less than 7x estimated 2023 EBITDA. HCP will be integrated into Smith’s Flex-Tek division.
1242023-08Priority Power ManagementPriority Power ManagementArlingtonTexasUnited StatesAtlas Retail EnergyEnergy Management ServicesOaktree Capital Management and Ara PartnersUndisclosedPriority Power is an energy management services, procurement and energy infrastructure development and management firm focused on delivering sustainable energy solutions to over 8,500 commercial and industrial clients in roughly 45 states. Atlas Retail Energy is an energy procurement organization in the Northeast serving customers across the United States.
1232023-07complete-solariaComplete SolariaFremontCaliforniaUnited StatesFreedom Acquisition Corp.Solar Power, Solar Energy, Renewable Energy, Installation ServicesNoneUndisclosedComplete Solaria, a solar technology, services, and installation company, has completed its business combination with Freedom Acquisition I Corp. (“Freedom”), effective July 18, 2023. The combined company will operate under the name Complete Solaria Inc.
1222023-08engie_400x400ENGIELa DéfenseFranceThe battery storage business of Broad Reach Power.Battery StorageNone Roughly $1 billion in equity value.ENGIE, a French Utility, acquired the the battery storage business of Broad Reach Power. The sellers were EnCap Energy Transition Fund and co-investors Yorktown Partners, Mercuria Energy and Apollo Infrastructure Funds. The purchase price was roughly $1 billion in equity value, the parties said. Broad Reach, founded in 2019, develops and operates renewable energy and energy storage power projects in Texas, California and other markets.
1212028-08siemensSiemens AGMunichGermanyHelioxElectric Vehicles, EV Charging, eBus, eTrucksNoneUndisclosed Siemens AG is acquiring Heliox, a Netherlands-based technology provider of in fast charging solutions. Heliox serves eBus and eTruck fleets and passenger vehicles. Financial terms for the deal were not disclosed.
1202023-08naas-technologyNaaS TechnologyAnjiZhejiangChinaCharge Amps ABEV Charging, Electric Vehicle Charging NetworksNone$66.4 millionNaaS Technology, the first U.S. listed EV charging service company in China, is acquiring Charge Amps AB for US$66.4 million. Charge Amps is an integrated EV charging solutions provider headquartered in Sweden.
1192023-08ElectraMeccanica_400x400ElectraMeccanicaMesaArizonaUnited StatesTevvaElectric Vehicles, EVsNoneUndisclosedElectraMeccanica and Tevva are planning to merge. If the merger occurs, the combined company expects to generate annual revenue of $1.3 billion to $1.5 billion in 2028.
1182023-08Tango_400x400TangoDallasTexasUnited StatesWatchWireCloud, Software, Facilities Management, Real Estate, Building Energy ManagementBerkshire PartnersUndisclosed2. M&A - Facilities Management Software: Tango, a provider of cloud-based real estate and facilities management software, has acquired WatchWire, which develops data and analytics to help companies "reduce emissions and energy expenses while simplifying sustainability and carbon reporting," Tango said. Financial terms of the deal were not disclosed.
1172023-08tylin_400x400TylinSan FranciscoCaliforniaUnited StatesArchitectural Engineers Collaborative (AEC)Engineering, Green Buildings, LEEDNoneUndisclosed TYLin, an infrastructure consulting firm, has acquired Architectural Engineers Collaborative (AEC), a privately held structural engineering firm based in Austin, Texas. AEC specialties include Architectural Structures, Engineering Innovation, Building Information Modeling (BIM), and Sustainability/Green Buildings/LEED.
1162023-08Heramba-HoldingsHeramba HoldingsBerlinGermanyKiepe ElectricClean Energy, SustainabilityNoneUndisclosedHeramba Holdings is acquiring Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric has roughly 580 employees across six countries around the world. In 2022, Kiepe Electric had revenues in excess of $120 million. Financial terms of the deal were not disclosed.
1152023-08general-electricGE VeronaCambridgeMassachusettsUnited StatesGreenbird Integration Technology ASUtilities, Electric Grid, Power, Cloud, SoftwareNoneUndisclosed.GE Vernova acquired Greenbird to help Utilities reduce the complexity of energy data integration.
1142023-08Charge-EnterprisesCharge EnterprisesNew YorkNew YorkUnited StatesGreenspeed Energy SolutionsEV Charging, Consulting, IntegratorNone$15M to $22M, depending on earnout performanceCharge Enterprises acquired Greenspeed Energy Solutions, a consulting firm and integrator focused on EV (electric vehicle) charging infrastructure, efficient commercial lighting, solar energy and battery storage.
1132023-07Kinergy Advancement BerhadKAB Energy Holdings, a subsidiary of Kinergy Advancement BerhadKuala LumpurMalaysiaMatahari Suria Sdn. Bhd. (MSSB)Solar Power, Clean Energy, Renewable EnergyNoneUndisclosedKAB Energy Holdings, a subsidiary of energy and engineering solutions provider Kinergy Advancement Berhad, has acquired Matahari Suria Sdn. Bhd. (MSSB). The acquired business owns a solar power system on the rooftop of Universiti Teknologi Malaysia Kuala Lumpur.
1122023-07RSK_400x400RSKCheshireEnglandPD&MSEngineering, ConsultingUndisclosedPD&MS, a specialist engineering services company operating within the energy transition, conventional energy, low carbon and renewables sectors, has been acquired by RSK, a global leader in the delivery of sustainable solutions.
1112023-07RSK_400x400RSK GroupCheshireEnglandKirton Water Treatment ServicesClear Water TechnologyUndisclosedRSK, a global leader in the delivery of sustainable solutions, has announced the acquisition of a clean water technology company, Kirton Water Treatment Services.
1102023-07LRS_400x400Lakeshore Recycling Systems (LRS)RosemontIllinoisUnited StatesEnvironmental Recycling & Disposal and Moen Transfer Station,RecyclingNoneUnidiscosedLakeshore Recycling Systems (LRS) — The leading Midwest independent waste, recycling and portable services provider — announced today the acquisition of Environmental Recycling & Disposal (Environmental) and Moen Transfer Station, a family-owned and operated business servicing the disposal needs of Will County, IL for over 25 years.
1092023-07Ryse-Energy_400x400Ryse EnergyAbu DhabiUnited Arab Emirates, UAEPrimus Wind PowerWind Power, Solar Power, Renewable Energy, Wind Energy, Solar EnergyNoneUndisclosedThe strategic acquisition solidifies Ryse Energy’s position as the most diverse small wind turbine technology player globally, opens doors to new North American opportunities and fast-tracks American manufactured Ryse Energy wind turbines, the buyer said.
1082023-07Chroma-Energy-Group-Logo-FooterChroma Energy GroupKnoxvilleTennesseeUnited StatesEfficient EnergySolar Installation Services, Renewable Energy, Solar Energy, Solar PowerNoneUndisclosedEETN provides engineering, procurement, and construction services for general and electrical contracting projects in the Southeast.
1072023-07JF-LehmanJ.F. Lehman & Company (JFLCO)New YorkNew YorkUnited StatesHeritage-Crystal Clean Inc.Recycling, Emergency Response Services, Environmental ServicesJ.F. Lehman & Company (JFLCO)$1.2 billion Private equity firm J.F. Lehman & Company (JFLCO), has acquired Heritage-Crystal Clean, a provider of parts cleaning, hazardous and non-hazardous waste services, used oil re-refining, antifreeze recycling, industrial and field services, and emergency and spill response services. The all-cash transaction values Crystal Clean at approximately $1.2 billion.
1062023-07Lyondellbasell_400x400LyondellBasellHoustonTexasUnited States50% stake in Stiphout Industries BVRecyclingNoneUndisclosedLyondellBasell has acquired a 50% stake in Stiphout Industries, which sources and processes post-consumer plastic packaging waste. The company operates a facility located in Montfort, the Netherlands, with an annual processing capacity equivalent to the amount of plastic packaging waste generated by over 500,000 Dutch citizens per year. Financial terms of the deal were not disclosed.
1052023-07PVcase_400x400PVcaseViliniusLithuaniaAnderson OptimizationNoneUndisclosed PVcase acquired solar siting specialist Anderson Optimization. The result: European solar site developers will be able to cut their project design process from weeks to roughly 20 minutes, PVcase said.
1042023-07Altus-PowerAltus PowerStamfordConnecticutUnited StatesSolar assets in California.Solar Energy, Solar Storage, Renewable EnergyNoneUndisclosed Altus Power has acquired approximately 4.4 megawatts (MW) of operating solar assets in Southern California from private equity firm Apollo. The acquired portfolio includes rooftop, carport and ground-mounted solar arrays that will deliver power under long-term contracts to HP Inc., Keysight Technologies and a local municipality. These assets add to the approximately 112 MW Altus Power currently owns and operates in California, the buyer said. Financial terms of the deal were not disclosed.
1032023-07BBB-IndustriesBBB IndustriesDaphneAlabamaUnited StatesHydraulexHydraulic Solutions, Manufacturing, SustainabilityClearlake Capital Group,Undisclosed BBB Industries, a sustainable manufacturer backed by private equity firm Clearlake Capital Group, has acquired Hydraulex, a provider of hydraulic solutions serving the industrial aftermarket. Financial terms of the deal were not announced.
1022023-07Everwind FuelsEverWind FuelsPoint TupperNova ScotiaCanadaMultiple wind farmsWind, Hydrogen, Renewable EnergyNoneUndisclosedEverWind Fuels, which runs a large-scale green hydrogen project in Canada, has acquired three wind farm development projects in Nova Scotia. The wind farms, which represent 530MW of anticipated power, will be developed and built in partnership with Renewable Energy Systems.
1012023-07Buckeye-PartnersBuckeye PartnersHoustonTexasUnited StatesElysian Carbon ManagementCarbon Capture and Storage, CCSIFM Global Infrastructure FundUndisclosedBuckeye Partners, backed by IFM Global Infrastructure Fund, has acquired Elysian Carbon Management from EnCap Flatrock Midstream. Elysian provides integrated end-to-end carbon capture and storage (“CCS”) solutions to industrial, power and similar facilities seeking to transition to lower carbon products, the buyer said. Financial terms of the deal were not disclosed.
1002023-07johnson-controlsJohnson ControlsMilwaukeeWisconsinUnited StatesFM:SystemsIoT, Collaboration, Digital Workplace ManaementNone$455 million plus potential earn-out incentivesJohnson Controls acquired FM:Systems, a provider of digital workplace management and Internet of Things (IoT) solutions for facilities and real estate professionals. The base purchase price is $455 million, plus potential earn-out incentives.
0992023-07ExxonMobil_400x400ExxonMobilIrvingTexasUnited StatesDenburyCarbon CaptureNone$4.9 billionExxonMobil is acquiring Denbury -- a developer of carbon capture, utilization and storage (CCS) solutions, and enhanced oil recovery technologies -- for $4.9 billion in stock.
0982023-07DNVDNVOsloNorwayEnviroguide ConsultingEnvironmental Consultancies, Sustainability ConsultanciesNoneUndisclosedDNV is the independent expert in risk management and assurance, operating in more than 100 countries. Enviroguide Consulting has an established reputation for delivering environmental and sustainability consultancy services including ecology, environmental impact assessment, environmental compliance, environmental liability and risk management, sustainability strategy and waste management consultancy
0972023-07ESG Energy Systems GroupOaktree Capital ManagementLos AngelesCaliforniaUnited StatesEnergy Systems GroupSustainability, EnergyOaktree Capital ManagementUndisclosedESG is a leading sustainable energy solutions provider that specializes in energy efficiency, sustainability, resiliency, and infrastructure improvement solutions in the government, education, healthcare, commercial, and industrial sectors. ESG also offers a full range of sustainable infrastructure solutions including waste-to-energy, distributed generation, and renewable energy.
0962023-07GridBeyondGridBeyondDublinIrelandVeritone Inc. Energy BusinessAI, Artificial Intelligence, Software, Energy Management, Energy as a ServiceNoneUndisclosedVeritone Inc Energy Business was founded in 2019 with a mission to help organizations capitalize on opportunities of the digital and energy transitions by leveraging the power of AI. The company rapidly gained industry recognition for its innovative approach to energy management and within a few years established its reputation as a leader in the field of market forecasting and distributed energy resource (DER) management on North America.
0952023-07mitsubishi-heavy-industries_400x400Mitsubishi Heavy Industries (MHI)TokyoJapanConcentricPower Systems, Power SuppliesNoneUndisclosed Mitsubishi Heavy Industries (MHI) has acquired Concentric, a power systems supplier for data centers, telecom companies, utilities and mission-critical infrastructure. Both companies focus heavily on sustainable power solutions. Financial terms were not disclosed.
0942023-07EcoOnline_400x400EcoOnlineLondonEnglandEcometricaESG, Sustainability, SoftwareNoneUndisclosedEcoOnline, an EHS and ESG software provider, signed an agreement to acquire Ecometrica, a global ESG and Sustainability software provider.
0932023-07EMCOREMCOR GroupNorwalkConnecticutUnited StatesECM Holding GroupInfrastructure, Building Services, HVAC, Energy EfficiencyNoneUndisclosedEMCOR Group is a Fortune 500 company focused on mechanical and electrical construction services, industrial and energy infrastructure and building services. ECM is a leading national provider of energy efficiency retrofit services, with specific business units dedicated to offering a variety of HVAC, lighting, water, weatherization, and airflow management solutions.
0922023-07schneider-electric-400-400Schneider ElectricParisFranceAtos Group's EcoAct SAS businessConsulting, Climate Consulting, Net-Zero SolutionsNoneUndisclosedSchneider Electric is negotiating to acquire Atos Group's EcoAct SAS business -- which offers climate consulting and net-zero solutions. The business unit, featuring roughly 400 employees, generated revenue of roughly €70 million (US$76.17 million) in 2022. The proposed deal does not include Atos’ digital Net Zero Transformation practice (part of Eviden business).
0912023-07Technip EnergiesTechnip EnergiesParisFranceProcessiumEnergyNoneUndisclosedTechnip acquired Processium to "Accelerate on Technology Development for a Net Zero Trajectory."
0902023-07arclight-capital-partnersArcLight Capital PartnersBostonMassachusettsUnited StatesDuke Energy's commercial distributed generation businessSolar Energy, Fuel CellsArcLight Capital Partners$364 millionPrivate equity firm ArcLight Capital Partners is acquiring Duke Energy's commercial distributed generation business for $364 million. The deal includes REC Solar operating assets, development pipeline and O&M portfolio, as well as distributed fuel cell projects managed by Bloom Energy, the companies said.
0892023-07CarlyleCarlyleLondonEnglandAnthesisSustainability, ConsultingCarlyleUndisclosedGlobal Investment firm Carlyle (NASDAQ: CG) today announced that it has agreed to acquire a majority stake in Anthesis, a leading global pure-play sustainability advisory and solutions firm. Carlyle will be investing alongside Anthesis’ employee shareholders, with existing shareholder, Palatine, reinvesting for a minority stake. Details of the transaction are not being disclosed.
0882023-07rennieRennie Advisory Ltd.BrisbaneQueenslandAustraliaConversioSustainability, ConsultingUndisclosedRennie help organizations across many different industries navigate and optimize their transition to a net zero, sustainable future. Conversio Pty Ltd provides a range of carbon accounting and energy related-services, ranging from baseline assessments, carbon management, to carbon neutrality and Airport Carbon Accreditation.
0872023-06EgisEgisSaint-Quentin-en-YvelinesFranceMcIntosh PerryEngineering, ConsultingUndisclosedWith a team of 800 engineers, project managers, and technicians spread across 21 offices in North America, McIntosh Perry will act as the North American platform for Egis. The complementary service offerings of both companies will facilitate remarkable growth and strong presence in the region. Together, they will provide comprehensive end to end engineering solutions to clients, emphasizing sustainability and innovation, at every stage of the project lifecycle.
0862023-06VentientEnergyRenantisMilanItalyVentient EnergyRenewable EnergyUndisclosedWith a total of 4.2 GW of installed capacity across over 200 plants, the integrated business will become one of the top five European onshore wind IPPs. Combined, the organisations operate a diversified portfolio of onshore wind farms, solar plants and energy storage facilities across nine countries in Europe and the USA.
0852023-06Optimum Energy_400x400Bernhard Capital PartnersBaton RougeLouisianaUnited StatesOptimum EnergyHVAC, Heating Air Conditioning Ventilation, SoftwareBernhard Capital PartnersUndisclosedFounded in 2005, Optimum provides proprietary software solutions to optimize the energy consumption of HVAC systems to deliver significant electricity and water savings while reducing carbon emissions.
0842023-06johnson-controlsJohnson ControlsCorkIrelandM&M CarnotNatural refrigeration solutions with ultra-low global warming potential (GWP).NoneUndisclosedJohnson Controls acquired M&M Carnot, a provider of natural refrigeration solutions with ultra-low global warming potential (GWP), which can help customers meet their sustainability goals while meeting and exceeding environmental regulations.
0832023-06Elemental-Holdings_400x400Elemental HoldingLuxembourgColt Recycling LLCIT Asset Disposition, ITAD, RecyclingInternational Finance Corp. (IFC), the European Bank for Reconstruction and Development (EBRD) and the Polish Development Fund S.A.UndisclosedElemental Holding Group has signed an agreement to acquire 100% of Colt Recycling, LLC and Colt Recycling Southeast, LLC ("Colt Recycling"), the leading US e-waste recycler and IT asset disposition (ITAD) group operating on the East Coast. This is the first acquisition by Elemental on the US market in the e-waste and ITAD sector, and the second US transaction this quarter.
0822023-06Compass-Datacenters_400x400Brookfield Infrastructure and Ontario Teachers Pension FundDallasTexasUnited StatesCompass DatacentersData CentersBrookfield Infrastructure and Ontario Teachers Pension FundUndisclosedAt Compass the sustainability of your data center begins long before we deliver your facility. Your new data center will be built using concrete manufactured using CarbonCure’s CO2 reduction methodology to reduce the emissions associated with production by up to 1800 tons and feature free air cooling to eliminate the need to incur the cost, on-going expense and resource consumption associated with water-based cooling. Materials and components used in the construction of your data center will be sourced locally to minimize the environmental impact of long haul transportation.
0812023-06labradorLabradorAtlantaGeorgiaUnited StatesArgyleESG, Corporate CommunicationsNoneUndisclosedGlobal communications firm Labrador has acquired Argyle to expand the firm’s advisory, design, and environmental, social, and governance (ESG) expertise. Financial terms were not disclosed.
0802023-06APEM-IncAPEM Inc.GainsvilleFloridaUnited StatesMacro WorksConsulting, Environmental ServicesWestbridgeUndisclosed APEM Group, backed by private equity firm Westbridge, has acquired Macro Works. On a related note, APEM Group secured a +£50m debt package and additional accordion from Tikehau Capital, the global alternative asset management group, with an additional £7.5m working capital facility from Virgin Money.
0792023-06EY Ernst Young LogoEY South AfricaLondonEnglandEBS AdvisoryConsulting, ESG, SustainabilityNoneUndisclosedEBS Advisory provides ESG advisory services to customers in Southern, East and West Africa.
0782023-06SLRSLR ConsultingAylesburyBuckinghamshireEnglandIBISConsulting, ESG, SustainabilityCharterhouse Capital PartnersUndisclosedIBIS offers ESG guidance to financial institutions in Africa and Asia.
0772023-06SLRSLR ConsultingAylesburyBuckinghamshireEnglandCarnstoneConsulting, ESG, Sustainability

Charterhouse Capital Partners

UndisclosedCarnstone provides sustainability and ESG advice and support to large companies and international institutions.
0762023-06Brookfield-Renewable_400x400Brookfield RenewableTorontoOntarioCanadaDuke Energy RenewablesRenewable Energy, Solar Power, Wind PowerNone$2.8 billionBrookfield Renewable is acquiring Duke Energy Renewables, a renewable energy provider that has wind, solar and energy storage power assets. The purchase price was $2.8 billion.
0752023-06Technip EnergiesTechnip EnergiesParisFranceSEED EnergyTechnology, Software, Renewable Energy, Engineering, Energy TransitionNoneUndisclosedThis acquisition reinforces Technip Energies’ digital portfolio and fits with its energy transition ambition. It is part of the company’s strategy to broaden its digital services offering to cover the entire project life cycle and position as a leading player in designing and delivering integrated digital solutions for the decarbonized energy sector.
0742023-06ESG provides energy SaaS solutionsESGManchesterUnited KingdomPandellEnergy, SaaS, Cloud, Software, Financial ServicesAccel-KKRUndisclosed ESG has acquired Pandell, a provider of SaaS-based software for land and financial applications in the energy sector. The acquisition is part of a "broader strategic vision to be the end-to-end software provider that helps energy leaders thrive in an ever-changing global energy landscape," the buyer said.
0732023-06stantec_400x400StantecEdmontonAlbertaCanadaEnvironmental Systems Design (ESD)Sustainability, Consulting, EngineeringNoneUndisclosed Stantec, a global sustainable design and engineering firm, is acquiring Environmental Systems Design (ESD), a 270-person engineering firm in Chicago. Financial terms of the deal were not disclosed.
0722023-06aes_400x400AES Corp.ArlingtonVirginiaUnited StatesSolar energy & storage project in Kern County, CaliforniaSolar, Renewable Energy, Energy StorageNoneUndisclosedAES Corporation has acquired the 2 GW Bellefield project in Kern County, California. The project "represents a significant step in accelerating California's commitment to achieving 100% carbon-free energy by 2045," and "strengthens AES' position as a leader in providing renewable energy solutions to corporate customers under long-term contracts," AES said. Financial terms of the deal were not disclosed.
0712023-06trcTRC CompaniesWindsorConnecticutUnited StatesGNA (Gladstein, Neandross & Associates)Clean Transportation, Energy Consulting, Professional ServicesNoneUndisclosedTRC Companies acquired Gladstein, Neandross & Associates (GNA), a North American consulting firm specializing in low- and zero-emission transportation technologies, infrastructure, and ultra-low carbon fuels for commercial transportation.
0702023-06miller-environmentalMiller Environmental Group Inc.CalvertonNew YorkUnited StatesAB EnvironmentalEnvironmental Services, Emergency Response ServicesGenNx360 Capital PartnersUndisclosedMiller Environmental Group Inc., backed by private equity firm GenNx360 Capital Partners, has acquired AB Environmental. Financial terms of the deal were not disclosed. AB has provided environmental response, remediation, transportation, and recycling services throughout the greater New York Metropolitan area since 1980. Miller Environmental and AB are both based on Long Island, New York.
0692023-06Linea-EnergyLinea EnergySan FranciscoCaliforniaUnited StatesA 490 MWDC solar project in Texas.Solar Power, Clean Energy, Renewable Energy, Energy StorageEncap InvestmentsUndisclosedLinea Energy has acquired a 490 MWDC solar project in Texas from Horus Energy of London, England. The acquired project is expected to generate enough clean energy to power more than 63,000 homes, the buyer said.
0682023-06shellShellLondonEngland12 solar projects in SpainSolar, Renewable EnergyNoneUndisclosed 3. M&A - Solar Power: Shell has acquired 12 solar projects in Spain with a total capacity of 1.1 gigawatt from renewables developer Isemaren, according to Reuters.
0672023-06Blackstone_400x400BlackstoneNew YorkNew YorkUnited StatesCopelandHVAC, Heating Air Conditioning VentilationBlackstone$14 billion Blackstone has completed the previously announced acquisition of a majority stake in Emerson’s Climate Technologies business. The deal was valued at $14.0 billion. The acquired business, to be rebranded as Copeland, had $2022 net sales of $5 billion. Blackstone is positioning Copeland as a company that will "advance the next generation of climate technologies in the HVAC market.
0662023-05SWCASWCA Environmental ConsultantsPhoenixArizonaUnited StatesALO AdvisorsSustainability, ConsultingNoneUndisclosed1. M&A - Sustainability Consulting: SWCA Environmental Consultants of Phoenix, Arizona, has acquired ALO Advisors LLC, an international management consulting firm focused on sustainability advisory services. Financial terms were not disclosed.
0652023-05sunergy-logoSunergyNew Port RicheyFloridaUnited StatesMerged with ESGEN Acquisition Corp., a SPAC (special purpose acquisition company)Solar Power, Clean Energy, Renewable Energy, ResidentialNone43x pro forma implied enterprise valueSunergy Renewables, a Florida-based provider of residential solar and energy efficiency solutions, plans to merge with ESGEN Acquisition Corp. -- a SPAC. In 2022, Sunergy revenue was roughly $123 million and EBITDA was roughly $11 million, the company said. The pro forma implied enterprise value of the combined company is expected to be $475 million. ESGEN is backed by Energy Spectrum, a well-known energy infrastructure investment firm with a track record of more than 25 years, $4.5 billion of total equity capital commitments, and nearly $2 billion of assets under management.
0642023-05Rize-Strategic-CapitalRize Strategic CapitalBirminghamMichiganUnited StatesAxis Total Management SolutionsCloud, SaaS, Software, Trucking, LogisticsRize Strategic CapitalUndisclosedThe goal in acquiring Axis TMS was to "expand Rize's portfolio and increase its diversity and investment in sustainability. Rize seeks to create a nuclear portfolio designed to withstand a number of economic conditions, but also prioritizes managing companies dedicated to sustainability efforts," the buyer said.
0632023-05accentureAccentureDublinIrelandGreen DomusConsulting, Sustainability, Brazil, South AmericaNoneUndisclosedGlobal IT consulting firm Accenture plans to acquire sustainability consulting firm Green Domus Desenvolvimento Sustentável LTDA of Brazil. Financial terms of the deal were not disclosed.
0622023-05deepki_400x400DeepkiLondonEnglandNoocoCloud, Software, ConstructionNoneUndisclosedNooco specializes in measuring the carbon footprint of construction projects (new projects, rehabilitation, renovation, operations, maintenance, and end-of-life).
0612023-05Encore Renewable EnergySUSI PartnersZugSwitzerlandRenewable EnergySUSI PartnersUndisclosedEncore Renewable Energy specializes in community and utility-scale renewable energy origination, development and construction.
0602023-05reconomy-groupReconomy GroupTelfordShropshireEnglandUK Waste SolutionsSustainability, ConsultingNoneUndisclosedHeadquartered in Newark, Nottinghamshire, UK Waste Solutions Limited are sustainability consultants and managers who specialise in supporting clients across the hospitality, distribution, transport, facilities management, manufacturing and construction sectors.

Source Intelligence

San DiegoCaliforniaUnited StatesChainPointSupply Chain Management, ESG, Software, CloudParkerGale Capital Undiscloseda developer of supply chain compliance and ESG management software, has acquired ChainPoint, a software platform for monitoring supply chains. ChainPoint's cloud-based software allows companies to manage and share product, process, and supplier information from raw material to finished product, the seller said. Financial terms of the deal were not disclosed.

Lummus Technology

HoustonTexasUnited StatesA water solutions portfolio from Siemens EnergyOil & Gas, Carbon Adsorption, EnergyNoneUndisclosedLummus Technology acquired certain water solutions from Siemens Energy. The technologies address water and wastewater needs of the oil and gas industry using carbon adsorption, biological treatment and hydrothermal processes. Financial terms of the deal were not disclosed.
0572023-05aligned-adaptive-data-centersAligned Data CentersPlanoTexasUnited StatesODATAData Centers, Co-Location, Green IT, SustainabilityMacquarie Asset Management and SDC Capital Partners UndisclosedAligned Data Centers has completed the acquisition of Latin America data center provider ODATA. Roughly 85% to 90% of the energy consumed by ODATA is renewable. The M&A deal was first announced in December 2022. Financial terms were not disclosed.
0562023-05siemensSiemensMunichGermanyThe EV (electric vehicle) charging infrastructure division of Mass-Tech Controls PrivateElectric Vehicle, EV, Charging StationsNone$4.65 millionn a step to address the fast-growing demand for EV charging infrastructure in India, Siemens plans to acquire the EV division of Mumbai-based Mass-Tech Controls Private. The purchase price was roughly €4.3 million ($4.65 million), the companies said.
0552023-05suntuity-400x400Beard Energy Transition Acquisition Corp.HolmdelNew JerseyUnited StatesSuntuity RenewablesSolar Power, Renewable Energy, Energy StorageNone$249 million pro-forma enterprise valueResidential solar and storage provider Suntuity Renewables plans to go public by merging with a special purpose acquisition company (SPAC), the latest clean-tech firm to take that path to market even as investor enthusiasm for such stocks dims, Bloomberg reported. Suntuity will merge with Beard Energy Transition Acquisition Corp. in a deal expected to give the combined company a $249 million pro-forma enterprise value, the companies said.
0542023-05brainbox-ai-400x400BrainBox AIMontrealQuebecCanadaABB’s multi-site retail (MSR) energy management system integrator businessSmart Buildings, HVAC, Building Management Systems, Software, Cloud, SaaS, AINoneUndisclosedBrainBox AI acquired ABB’s multi-site retail (MSR) energy management system integrator business -- which currently supports 12,000 retail locations. Financial terms of the acquisition were not disclosed.
0532023-05Dillon-Consulting_400x400Dillon ConsultingTorontoOntarioCanadaInternat Energy Solutions Canada (IESC)Engineering ConsultingNoneUndisclosed5. M&A - Energy Consulting: Dillon Consulting Limited has acquired Internat Energy Solutions Canada (IESC), an engineering consulting firm committed to "promoting a sustainable economy, government, and society," the buyer said. Financial terms were not disclosed.
0522023-05First-Solar-400x400First SolarTempeArizonaUnited StatesEvolar ABSolar Power, Clean Energy, Renewable EnergyNone$38M to $80M depending on earn-out achievements4. M&A - Solar Technology: First Solar has acquired Evolar AB, a European provider of perovskite technology. The deal involved roughly $38 million paid at closing and up to an additional $42 million to be paid subject to certain technical milestones.
0512023-05DIF-Capital-PartnersDIF Capital PartnersSchipholHollandDiverso Energy Inc.Geothermal Energy, Energy as a ServiceDIF Capital PartnersUndisclosedDIF Capital Partners has acquired majority interest in Diverso Energy Inc., a developer, owner, and operator of geothermal energy systems in Canada. DIF will acquire a 75% interest directly from the founders -- who will retain the remaining ownership and continue to lead the company. Financial terms of the deal were not disclosed.
0502023-05actisNozomi Energy (formed by Actis)TokyoJapanHergo Japan EnergySolar Power, Clean Energy, Renewable Energy, WindActisUndisclosedActis, a United Kingdom-based global investor in sustainable infrastructure, has launched Nozomi Energy, a new $500 million Japan-focused renewables platform. Nozomi Energy's first acquisition is Hergo Japan Energy Corporation -- which has a portfolio of operating and development stage solar and onshore wind projects totaling around 230MW, plus a significant pipeline of early-stage projects. Financial terms of the acquisition were not disclosed.
0492023-05CapManCapMan InfraHelsinkiFinlandServeriusData CentersUndisclosedCapMan Infra has invested in Dutch IT infrastructure provider Serverius with an ambition to build a northern European data centre platform, the investor said. Financial terms of the deal were not disclosed. Among the priorities: CapMan will "focus on optimizing [Serverius] energy usage, increasing the use of renewable energy and establishing high operating standards for its operations and value chain." This is CapMan Nordic Infrastructure II fund’s third investment, following investments in Skarta Energy and Napier.
0482023-05Montrose Environmental GroupMontrose Environmental Energy GroupNorth Little RockArkansasUnited StatesGreenPath EnergyGas Imaging, Emissions ManagementNoneUndisclosed GreenPath Energy is a provider of gas imaging and fugitive emissions management services.
0472023-05Hydro-Rein__400x400Hydro ReinOsloNorwaySelected solar projects in Southern SwedenSolar Power, Clean Energy, Renewable EnergyNoneUndisclosedHydro Rein plans to acquire two early phase solar projects from GreenGo Energy in Southern Sweden. Construction is expected to begin in 2027, with production starting in 2028. GreenGo will remain involved in the project.
0462023-05Aspen-PowerAspen PowerNew YorkNew YorkUnited SatesSolar power projects in Maine, United States.Solar Power, Clean Energy, Renewable EnergyNoneUndisclosedAspen Power has acquired a portfolio of 15 ground-mounted community solar projects in Maine. Financial terms of the deal were not disclosed.
0452023-05five-5-energy-advisory-firm5DallasTexasUnited States BidURenergy (BUE) and NRG Advisory Services from NRG Energy, Inc. Energy, ConsultingNoneUndisclosed5, an energy advisory and management firm, acquired BidURenergy (BUE) & NRG Advisory Services from NRG Energy Inc. Based in Buffalo, NY, BUE and NRG Advisory Services provide a full suite of brokerage and energy advisory services to clients throughout the Northeast.
0442023-05Montrose Environmental GroupMontrose Environmental GroupNorth Little RockArkansasUnited StatesMatrix Solutions Inc.Consulting, Engineering ServicesNoneUndisclosedMatrix Solutions is one of Canada’s leading environmental consulting and engineering services companies. Known for a client-focused approach, Matrix’s 550+ employees, based in 19 locations across Canada, collaborate across diverse fields of expertise and geographies on projects where environmental stewardship matters.
0432023-05corityCorityTorontoCanadaGreenstoneSoftware, Asset Management, Sustainability, Carbon Accounting, ESGThoma BravoUndisclosedFrom the news announcement: Founded in 2006 as a carbon accounting software business, Greenstone has evolved to offer comprehensive SaaS-based (Software-as-a-Service) solutions to enable a full range of sustainability and ESG (Environmental, Social, Governance) reporting across the entire value chain, including suppliers and investments. Driven by its brand promise of "data that talks to you," the 51-person organization aims to simplify and facilitate the gathering, analyzing, and sharing of sustainability data through guided workflows, configurable questionnaires, data collection wizards, comprehensive emission and frameworks libraries, as well as advisory and data management services and support. With offices in London and New York, Greenstone serves over 75 customers in 106 countries across 15 industries.
0422023-05KKRKKRNew YorkNew YorkUnited StatesCoolIT SystemsData Centers, Desktops, Water Cooling,KKRAccording to the seller: "CoolIT Systems specializes in scalable liquid cooling solutions for individual servers through to the world’s most demanding data centers and HPC systems. Through its modular, rack-based Direct Liquid Cooling technology, Rack DLC™, CoolIT enables dramatic increases in rack densities, component performance and power efficiency."
0412023-05Toyota_TSUSHO_400x400Toyota TsushoNagoyaJapanSB Energy Corp.Renewable EnergyNoneUndisclosedTogether, Toyota Tsusho and SBG will "explore collaborative efforts among their group companies in the renewable energy businesses, such as joint development of renewable energy, electric power supply and demand adjustment, and so on, aiming toward achieving Carbon Neutrality."
0402023-04Ignite-SolarIgnite PowerDubaiUAEKenya's Mwezi SolarSolar, Renewable EnergyNoneUndisclosed Ignite Power, a UAE-based solar solutions provider in Africa, has acquired the solar solutions portfolio of Mwezi, a Kenyan solar energy distributor, according to SolarQuarter.
0392023-04clearchoice-energyTrue Green Energy ManagementWestportConnecticutUnited StatesCleanChoice EnergySolar, Renewable EnergyTrue Green Energy ManagementUndisclosed True Green Capital Management (TGC), a renewable energy infrastructure investment firm has acquired CleanChoice Energy -- a direct-to-consumer clean energy provider. The deal will expand TGC's footprint to include solar power generation in 16 US states, including Pennsylvania and Ohio, along with approximately 215,000 residential customers, the buyer said.
0382023-04everstream-analytics-eaEverstream AnalyticsSan MarcosCaliforniaUnited StatesBlueNodeSoftware, Logistics, Carbon Emission Measurement, Carbon ReportingNoneUndiscosedEverstream Analytics has acquired BlueNode, a software company that helps streamline logistics and facilitates carbon emission measurement and reporting, the buyer said. Financial terms of the deal were not disclosed.
0372023-04momentus-technologiesMomentus Technologies (formerly Ungerboeck)St. LouisMissouriUnited StatesWeTrackSoftware, Stadiums, Event Management, Project Management, Incident Tracking, Control Room,Cove Hill PartnersUndisclosedThe Momentus mission is "to provide the industry’s most comprehensive venue management software. With WeTrack's software solutions, Momentus Technologies is well-positioned to lead the way in environmentally conscious business practices and provide its customers with the tools they need to achieve their environmental, social and governance goals."
0362023-04mc-deanM.C. DeanTysonsVirginiaUnited StatesInternational Energy Conservation Systems (IEC Systems)Building Automation, Energy Management, Smart BuildingsNoneUndisclosedIEC Systems is a provider of turn-key proprietary and non-proprietary building automation systems and a Distech Controls authorized system integrator. The acquisition includes a newly signed original equipment manufacturer partnership with Distech to expand the firm's direct digital controls (DDC) and building automation systems capabilities.
0352023-04honeywellHoneywellCharlotteNorth CarolinaUnited States

Compressor Controls Corporation

Asset Performance Management, APM, Carbon CaptureNone$670 million; 15X estimated 2023 EBITDACCC is a leading provider of turbomachinery control and optimization solutions, including control hardware, software and services, and primarily serves the LNG, gas processing, refining and petrochemical segments.
0342023-04casellaCasella Waste SystemsRutlandVermontUnited StatesCertain Solid Waste Operations from GFL EnvironmentalWaste Management, RecyclingNone$525 million or 2.8X annual revenueThe deal includes nine hauling operations, one transfer station, and one material recovery facility.
0332023-04i-squared-capital-2I Squared CapitalMiamiFloridaUnited StatesEnvaConsulting, Environmental ServicesI Squared CapitalUndisclosedI Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, telecom and transport in the Americas, Europe and Asia.
0322023-04act-commoditiesACT Commodities GroupAmsterdamNetherlandsGreen Project TechnologiesCloud, SaaS, Software, Carbon Accounting, ESGNoneUndisclosedACT Commodities, a global provider of market-based sustainability solutions, acquired a controlling stake in Green Project Technologies, which develops a SaaS-based software platform to simplify corporate climate accounting, the companies said.
0312023-04lessenLessenScottsdaleArizonaUnited States Blue Skyre IBEReal Estate, Property Management, Technology, Software, Cloud, ESGNoneUndisclosedLessen -- which specializes in real estate property management technology & services -- acquires Blue Skyre IBE, a global facilities management solutions provider & ESG expert.
0302023-04socotecSOCOTEC ConsultingNew YorkNew YorkUnited States Spinnaker GroupSustainability, Consulting, Green Buildings, LEED CertificationNoneUndisclosedSOCOTEC Consulting acquired Spinnaker Group, a South Florida-based energy efficiency and sustainability consulting firm focused on the green-building movement.
0292023-04quinbrook-infrastructure-partnersQuinbrook Infrastructure PartnersLondonEnglandPurposeEnergyRenewable EnergyQuinbrook Infrastructure PartnersUndisclosedPurposeEnergy is a U.S.-based renewable fuels and biogas specialist, focused on waste solutions for the food and beverage industries.
0282023-04Wendel-GroupWeldelParisFranceScalian GroupESG, Consulting, Digital Transformation, Project Management, EngineeringWeldelEnterprise value of €965 millionScalian is ranked among France's Top 10 engineering consulting firms, is also active internationally, providing industrial project management services for issues pertaining to supply chain (costs, quality, deadlines, performance), the architecture and development of embedded digital systems and information system applications, big data and AI. Scalian also addresses project optimization and organizational performance issues, as well as providing digital transformation support for industry and service sector leaders.
0272023-04ser-capital-partnersSER Capital PartnersBelmontCaliforniaUnited StatesCharah SolutionsRecycling, Power GenerationSER Capital Partners$6.00 per shareWith more than 35 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct recycling to the power generation industry.
0262023-04apex-groupApex GroupBermudaMJ Hudson ESG & SustainabilityFinancial Services, Consulting, Advisory Services, TechnologyNoneUndisclosedThe agreement will see the creation of a new legal entity, head-quartered in the Netherlands and with a new brand identity, under the Apex Group banner. A new, diverse board will be appointed, to steer future growth. The transaction is subject to shareholder approval.
0252023-04trinity-hunt-partnersTrinity Hunt PartnersDallasTexasUnited StatesAlliance GroupHVAC, Heating Ventilation Air ConditioningTrinity Hunt PartnersUndisclosedSince its founding in 2010, Alliance Group has served the New England region by providing best-in-class maintenance, repair, and installation services for commercial heating, ventilation, and air conditioning (HVAC) systems. Highly regarded and trusted by more than 500 clients, Alliance offers a full suite of services in addition to core maintenance, including electrical, plumbing, construction, and building automation services.
0242023-04acuity-brandsAcuity Brands Inc.AtlantaGeorgiaUnited StatesKE2 Therm SolutionsIndustrials, Refrigeration, SoftwareNoneUndisclosedKE2 Therm is a developer and manufacturer of branded, intelligent refrigeration control solutions that use proprietary advanced controls algorithms, software, and controls. The company’s technology is specified by a wide range of end users, consultants and major OEM manufacturers of evaporators, walk-in freezers and coolers for both new install and retrofit refrigeration applications.
0232023-04covantaCovantaMorristownNew JerseyUnited StatesCircon HoldingsSustainable Materials Management, Consulting, Environmental ServicesEQTUndisclosedAccording to the buyer: " The addition of Circon, which is subject to customary regulatory approvals, marks the largest single acquisition for Covanta in two decades, bringing with it more than 600 new employees and 2,500 customers. It is the company’s eighth acquisition following its purchase by EQT Infrastructure. It further demonstrates Covanta’s commitment to providing carbon negative solutions to its customers."
0222023-04dominion-energy-400x400Dominion EnergyRichmondVirginiaUnited StatesFoxhound SolarSolar, Renewable Energy, Energy StorageNoneNoneFoxhound, located in Halifax County, Virginia, has reached full notice to proceed and has begun construction. The project has been in development for six years and will produce enough clean energy to power more than 17,000 homes.
0212023-04aruba-itArubaBergamoLombardyItalyTwo Hydroelectric power plantsCloud Services, Infrastructure, Renewable Energy, Water Power, HydroelectricNoneUndisclosed Aruba S.p.A, Italy's largest cloud provider, acquired two new hydroelectric power plants in the province of Bergamo, near the Global Cloud Data Centre in Ponte San Pietro, with a total capacity of 2MW.
0202023-04greenwood-sustainable-infrastructureGreenwood Sustainable Infrastructure (GSI)New YorkNew YorkUnited StatesVarious Saturn Power assetsSolar, Renewable Energy, Energy StorageNoneUndisclosedThe deal involves a team of seasoned developers and an approximate 1.4-gigawatt (GW) pipeline of early to late-stage solar and energy storage projects in five U.S. states and two Canadian provinces.
0192023-04fexaFexaMullica HillNew JerseyUnited StatesTrakrefSoftware, Cloud, Internet of Things, IoT, Facilities ManagementMainsail PartnersUnidisclosedTrakref is a refrigerant tracking and management software provider. The deal is designed to help Fexa address mounting regulation and compliance requirements across the retail and facilities management sectors, Fexa said.
0182023-04wspWSPMontrealQuebecCanadaCalibre Professional Services One Pty Ltd.Sustainability, Consulting, Mining, Industrials, EngineeringNoneUndisclosedCalibre is a leading advisory and engineering services provider to the resources, railroad, renewables and rehabilitation sectors in Australia, with a successful track record of over 20 years in the design and execution of AUD30bn+ in mining and resources infrastructure projects.
0172023-03Birch-Creek-EnergyBirch Creek DevelopmentSt. LouisMissouriUnited StatesFoundation Solar PartnersSolar, Renewable EnergyNoneUndisclosedTogether, Birch Creek and Foundation Solar have developed over 1.7 GW of solar and storage projects since 2019, and have a combined development pipeline of 13.5 GW in varying stages of development.
0162023-03recycle-track-systems-rtsRecycle Track Systems (RTS)New YorkNew YorkUnited StatesRecycleSmart Solutions & PelloRecycling, e-Waste, Circular Economy, IoT, Internet of ThingsNoneUndisclosedRecycle Track Systems (RTS) acquires RecycleSmart Solutions & Pello waste sensor technology, an Internet of Things (IoT) hardware and software platform.
0152023-03maddox-defenseMaddox DefenseSan DiegoCaliforniaUnited StatesApollo 3 EnergyRenewable Energy, LED LightingNoneUndisclosedApollo 3 Energy offers solar and energy efficient services, serving both government and commercial clients, including Naval Special Warfare Center, Philadelphia Port Authority, The Chesapeake Bay Bridge-Tunnel, Hilton, Wholefoods, GM, Toyota, Port of Astoria, City of Astoria, Marine Corps Base Camp Pendleton, and Banc of California.
0142023-03plum-spacPlum Acquisition Corp. (a SPAC)San JoseCaliforniaUnited StatesSakuuBattery Manufacturing, Circular Economy, Lithium, LiNone$705 Million (enterprise value)Sakuu is a manufacturing technology and solid-state battery company for commercial-scale production of batteries and other complex active devices. Initial efforts focus on energy storage, using the Kavian platform to print a range of SwiftPrint batteries—from Lithium Metal to All-Solid-State—that can help reduce society's reliance on fossil fuels.
0132023-03apexanalyticsApexanalytixGreensboroNorth CarolinaUSAESG EnterpriseSustainability, ESG, SaaS, Software, CloudKKR & Carousel CapitalUndisclosedApexanalytics, backed by private equity firms KKR & Carousel Capital, acquires ESG Enterprise for SaaS-based supply chain management & ESG reporting capabilities.
0122023-03BearingPointBearingPointAmsterdamNetherlandsSustainability team members from KorkiaSustainability, ConsultingNoneUndisclosedGlobal management and technology consultancy BearingPoint acquired the sustainability consulting practice of Korkia, a Helsinki, Finland-based investment and advisory company.
0112023-03erm-logo-150x150-1ERMLondonUnited KingdomNINTSustainability, Consulting, ESG, Financial ServicesNoneUndisclosedNINT has completed more than 700 ESG projects for more than 250 clients across Latin America as of March 2023.
0102023-02GFTGFT TechnologiesStuttgartBaden-WürttembergGermanyTargensIT Services, Consulting, FinTech, Financial Services, SoftwareNoneUndisclosedThe acquisition will not only benefit GFT’s core business in the financial industry, the company will also gain additional expertise in the fields of consulting and compliance solutions, the buyer said.
0092023-02Denham-CapitalDenham CapitalBostonMassachusettsUnited StatesSolopsSolar, Renewable EnergyDenham CapitalUndisclosedDenham will "support the growth of the business including execution of Solops’ 800+ MW pipeline of project investments with an initial commitment of $200 million."
0082023-02hydro-quebecHydro-QuebecMontrealQuebecCanadaGreat River HydroRenewable Energy, Hydro Power, Water Power,None$2 billionGreat River Hydro owns 13 hydroelectric power stations in New England, United States.
0072023-02grenergy-renovablesGrenergy RenovablesMadridSpainSofos Harbert Renewable EnergySolar, Renewable EnergyNoneUndisclosedSofos focuses on solar energy projects -- including pre-engineering, design, development, engineering, construction, investment, operation, and maintenance -- to provide businesses with clean energy equipment.
0062023-02recycle-track-systems-rtsRecycle Track Systems (RTS)New YorkNew YorkUnited StatesCycle TechnologyRecycling, Circular EconomyNoneUndisclosed Cycle is a recycling technology and data platform that rewards fans and event-goers for recycling their empty beverage containers at Reverse Vending Machines (RVMs).
0052023-02doconomyDoconomyStockholmSwedenDreams TechnologyCloud, SoftwareNoneUndisclosedDoconomy is building a holistic platform to measure climate and social impact in the financial services industry. Our enterprise service, Åland Index, is a cloud-based service for climate impact calculations. Åland Index is the leading index solution for CO2 and H2O emission calculations for payments and financial transactions.
0042023-02erm-logo-150x150-1ERMLondonUnited KingdomCohoConsultingNoneUndisclosedERM, which positions itself as the world’s largest pure play sustainability consultancy, acquired Coho, a global advisory firm that helps customers to reach their climate change, renewable energy and water resiliency goals.
0032023-02leon-capitalLeon CapitalLondonUnited KingdomXynteoSustainability, ConsultingLeon CapitalUndisclosed Xynteo is a consultancy and strategic advisory firm that assists large companies with sustainability and energy transition guidance.
0022023-02Montrose Environmental GroupMontrose Environmental GroupNorth Little RockArkansasUnited StatesEnvironmental Alliance (EAI)Consulting, Engineering ServicesNoneUndisclosedEAI offers environmental solutions to the real estate market, brownfield developers, oil and gas industry, and all industries in the environmental remediation market.
0012023-01xpansivXpansivNew YorkNew YorkUnited StatesEvolution Markets Inc.Financial Services, Green Energy, Sustainability, Advisory Services, ConsultancyBlackstone Energy Partners, Bank of America, Goldman SachsUndisclosedEvolution Markets Inc. provides strategic financial and industry-leading transactional and advisory services to participants in global environmental and energy markets

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