2024 Sustainability M&A List

Merger & acquisition (M&A) activity within and across the sustainability market is off to a strong start in 2024 -- though many deal valuations remain undisclosed. In the chart below, we track M&A involving sustainable energy & technology; environmental consulting; e-waste reduction; recycling; green IT services; ClimateTech; along with solar, wind, hydro and bio energy transactions.

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Deal Number	Year & Month	Buyer Logo	Buyer	Buyer HQ City	State/Province	Country	Acquired	Focus	Private Equity Firm	Valuation	Details
201	2024-05		Legence	San Jose	California	United States	Corporate Sustainability Strategies (CSS)	Real Estate, Decarbonization, Consulting	Blackstone	Undisclosed	Legence, backed by Blackstone, has acquired Corporate Sustainability Strategies (CSS) -- a commercial real estate sustainability consulting firm.
200	2024-04		Ernst & Young (EY)	London		United Kingdom	Denkstatt	Consulting, ESG, Sustainability, CSRD Compliance	None	Undisclosed	Ernst & Young (EY) acquired Denkstatt, a 170-person sustainability and ESG consulting firm that serves customers in Austria and across Europe. Financial terms of the deal were not disclosed.
199	2024-04		Infosys	Bengaluru		India	In-tech	Mobility, Transportation, Engineering, Consulting	Infosys is acquiring In-tech, a developer of autonomous and electric technologies for the automotive, smart city and smart factory markets. Financial terms of the deal were not disclosed.	Undisclosed	Infosys is acquiring Intech, a developer of autonomous and electric technologies for the automotive, smart city and smart factory markets. Financial terms of the deal were not disclosed.
198	2024-04		Bernhard Capital Partners	Baton Rouge	Louisiana	United States	Strategic Management Solutions, LLC (SMSI)	Nuclear Power, Consulting	Bernhard Capital Partners	Undisclosed	Private equity firm Bernhard Capital Partners has acquired Strategic Management Solutions, LLC (SMSI), a provider of expert management and technical consulting services for federal and large industrial clients focused on nuclear programs and projects, the buyer said. Financial terms of the deal were not disclosed. Bernhard Capital previously acquired Boston Government Services (BGS) and Sterling Engineering & Consulting Group (SE&C) as part of a push to build a Department of Energy services platform.
197	2024-04		General Atlantic	New York	New York	United States	GRESB	Sustainability Standards	General Atlantic	Undisclosed	Investment firm General Atlantic has acquired GRESB, a global provider of sustainability standards and benchmarks for real assets. The deal involve General Atlantic's BeyondNetZero climate growth fund. The seller, private equity firm Summit Partners, will retain a minority stake in GRESB. The GRESB management team will also reinvest in the company. Financial terms of the deal were not disclosed.
196	2024-04		CIMA+	Laval	Quebec	Canada	Kozar Engineering Inc.	Engineering, Consulting, Infrastructure	None	Undisclosed	CIMA+ has acquired Kozar Engineering Inc. as part of a strategy to "tackle ESG and decarbonization challenges for a sustainable future," the Canadian firms said. Financial terms of the deal were not disclosed.
195	2024-04		Keysource	Gatwick	West Sussex	United Kingdom	2bm Limited	Consulting, Data Centers, Sustainability	None	Undisclosed	Keysource, a provider of sustainable data centre solutions and strategic advisory services, has acquired 2bm Limited, a data center specialist and critical environment company with headquarters in Nottingham, United Kingdom. The deal surfaces roughly one month after Keysource acquired GDM Building Consultants, a provider of engineering, sustainability and facilities management solutions. Financial terms of the deals were not disclosed.
194	2024-04		Copenhagen Infrastructure Partners (CIP)	Gdanskgade		Denmark	Liberty Renewables	Onshore Wind Projects, New York, Renewable Energy, Wind Power	None	Undisclosed	Copenhagen Infrastructure Partners (CIP) has acquired Liberty Renewables, a 1.3 GW portfolio of onshore wind projects in New York. Financial terms of the acquisition were not disclosed.
193	2024-04		Solero Technologies	Rochester Hills	Michigan	United States	Kendrion's automotive business in Europe and the United States	Automotive Technologies	Atar Capital	Enterprise value of roughly US$70 million (EUR 65 million)	Solero Technologies, backed by Atar Capital, will acquire Kendrion's automotive business in Europe and the United States. The deal has an enterprise value of roughly US$70 million (EUR 65 million).
192	2024-04		True Environmental	New York	New York	United States	Triton Environmental	Environmental Consulting, Engineering Services	Halle Capital	Undisclosed	True Environmental, backed by Halle Capital, has acquired Triton Environmental - a provider of environmental consulting and engineering services. Financial terms of the deal were not disclosed.
191	2024-04		Nexergy	London		United Kingdom	Cassandra	Sustainable Resource Production	None	Undisclosed	Nexergy has acquired Cassandra as part of a push toward "sustainable resource production throughout Europe." Financial terms of the deal were not disclosed.
190	2024-04		Legence	San Jose	California	United States	P2S Inc.	Engineering, Construction Management, Buildings	Blackstone	Undisclosed	Legence, backed by Blackstone, has acquired P2S Inc., an engineering and construction management firm with a strong footprint in Seattle, Washington. The deal reinforces Legence as "the premier provider of high performance, low-emissions buildings nationwide," the buyer asserted. Financial terms of the deal were not disclosed.
189	2024-04		Verdantas	Dublin	Ohio	United States	CT Consultants	Environmental Consulting, Engineering	RTC Partners	Undisclosed	Verdantas, backed by private equity firm RTC Partners, has acquired CT Consultants, an environmental consulting and engineering services firm that serves customers in Ohio and Pennsylvania. Financial terms of the deal were not disclosed.
188	2024-04		LI-COR Environmental	Lincoln	Nebraska	United States	Onset	Environmental Monitoring, Water Resource Management	Battery Ventures	Undisclosed	LI-COR Environmental, backed by private equity firm Battery Ventures, has acquired Onset for environmental monitoring and water resource management technologies. LI-COR gains sensor networks, data acquisition, and cloud-based data monitoring technologies. Financial terms of the deal were not disclosed.
187	2024-04		Adler and Allan	Harrogate		England	Utility Line	Consulting, Environmental Services, Independent Connection Provider (ICP), Grid Connection Specialist, EV Infrastructure	None	Undisclosed	Adler and Allan has acquired Utility Line, an Independent Connection Provider (ICP) and grid connection specialist focused on commercial electric vehicle (EV) infrastructure. Utility Line, founded in 2021 offers a 'turnkey' solution for specialised electric vehicle charging infrastructure and grid connections, the seller said. Adler & Allan of Harrogate, England, is a consulting firm that offers environmental advisory, maintenance and management services. Financial terms of the deal were not disclosed.
186	2024-04		Zanders	Utrecht		The Netherlands	RiskQuest	Consulting, Risk Management, ESG	None	Undisclosed	Zanders has acquired RiskQuest, a risk consultancy firm in the Netherlands. RiskQuest's expertise spans credit risk, ESG and financial economic crime. The acquired business has roughly 60 employees. Zanders now has roughly 450 employees overall. Financial terms of the deal were not disclosed. Zanders has M&A experience. The company acquired Optimum Prime in January 2024 and Fintegral in 2023.
185	2024-04		Linedata		Paris	France	DreamQuark	Software Development, Financial Services, ESG Data	None	Undisclosed	Linedata has acquired DreamQuark, a software developer in the financial services market. DreamQuark's software supports "enhanced advising, strengthened compliance, smart document retrieval, and efficient acquisition of ESG data, all while ensuring proper management of AI-related risks," Lindata said. Financial terms of the deal were not disclosed.
184	2024-04		WSP Global	Montreal	Quebec	Canada	1A Ingenieros	Consulting, Utilities, Renewable Energy, Electricity Distribution, Transportation, Sustainable Mobility	None	Undisclosed	WSP Global has acquired 1A Ingenieros, a consulting firm that serves power and energy customers in Spain. 1A's expertise spans renewable energy, electricity distribution and transportation, sustainable mobility, the industrial sector, and the environment. Financial terms of the deal were not disclosed.
183	2024-04		Accenture	Dublin		Ireland	Axis Corp.	IT Consulting, Financial Services, Sustainability	None	Undisclosed	Accenture has acquired Axis Corp. of Spain. Accenture gains an IT consulting company with financial services and sustainability expertise. Financial terms of the deal were not disclosed.
182	2024-04		Advik of India	Bangalore		India	Aceleron Energy	Lithium Ion Batteries	None	Undisclosed	Advik of India has acquired Aceleron Energy, a UK-based developer of Li-ion batteries. The move extends Advik ibto the electric vehicle (EV) and energy storage system (ESS) sectors. Financial terms of the deal were not disclosed.
181	2024-04		Asia-Pacific Investments Ltd.			Singapore	Mobii Genius co.	Data Centers, IT Solutions, Sustainability	Asia-Pacific Investments Ltd.	US$202.3 million	Asia-Pacific Strategic Investments (APS), a real estate developer, has acquired Mobii Genius co., a Taiwanese firm specializing in sustainable IT and data center solutions, Singapore Businss Review reported. The purchase price was US$202.3 million.
180	2024-04		Conquest Group	Dublin		Ireland	Two mature onshore wind projects in Finland	Renewable Energy, Wind Power, Onshore	Conquest Group	Undisclosed	French asset manager Conquest Group has acquired two mature onshore wind projects with a combined capacity of 182 MW in Finland as its first step in the local renewables market, promising additional development and a sizable investment there, Renewables Now reported.
179	2024-04		Xcelerate			Signapore	Stirrup Communications Consultants	Consulting, ESG	Federated Hermes Private Equity	Undisclosed	Xcelerate of Singapore has acquired Stirrup Communications Consultants, a provider of corporate reporting, ESG and stakeholder communications guidance, The Economic Times reported. Stirrup was previously known as AICL Communications. The acquisition is part of a "clearly delined roll-up strategy," focused on the GRC and ESG segments, the buyer said. Financial terms of the deal were not disclosed. Xcelerate, which is the parent company of Aparajitha, raised $25 million in funding in February 2024. Federated Hermes Private Equity led the round. Altair Capital, Exacta Capital and various individual investors also participated in the round.
178	2024-04		Synechron	New York	New York	United States	Dreamix	IT Consulting, Custom Software Development, Aviation, Transportation, RegTech, FinTech, ESG, Healthcare	None	Undisclosed	Synechron has acquired Dreamix, a custom software development company in Sofia, Bulgaria. Dreamix serves such sectors as Aviation, Transportation, RegTech, FinTech, ESG and Healthcare. Financial terms of the deal were not disclosed.
177	2024-04		Green Building Renewables	London		United Kingdom	JL Phillips Renewable Energy Limited	Solar Energy, Renewable Power	None	Undisclosed	Green Building Renewables has acquired JL Phillips Renewable Energy Limited. The deal aligns with Green Building's goal to become "the largest installer of domestic renewable technology in the UK by 2025."
176	2024-04		SolarEdge Technologies	Herzliya		Israel	Wevo Energy	Software, EV Charging	None	Undisclosed	SolarEdge Technologies has acquired Wevo Energy, a software startup specializing in electric vehicle (EV) charging optimization and management for "sites with large quantities of EV chargers such as apartment buildings, workplace carparks and public charging locations," the buyer said. Financial terms were not disclosed.
175	2024-04		EQT Private Equity	New York	New York	United States	Avetta	Supply Chain Management, Risk Management, Software	EQT Private Equity	Undisclosed	EQT Private Equity is acquiring Avetta, a developer of supply chain risk management software. Avetta's SaaS platform has enabled clients to "manage supply chain risks across health, safety, and sustainability," EQT said. The seller was Welsh, Carson, Anderson & Stowe (WCAS). Financial terms of the deal were not disclosed.
174	2024-04		Aspen Power	New York	New York	United States	Eight ground-mounted solar projects in Pennsylvania and New York State	Solar Power, Renewable Energy	None	Undisclosed	Aspen Power has acquired eight ground-mounted solar projects in Pennsylvania and New York State from Solar Site Developers. The sites total more than 41 megawatts of direct current (MWdc) projects. Financial terms of the deal were not disclosed.
173	2024-04		Mitsubishi Electric	Chiyoda-ku	Tokyo	Japan	AIRCALO	HVAC Systems	None	Undisclosed	Mitsubishi Electric has acquired AIRCALO, an air-conditioning company in France. The acquisition allows Mitsubishi to" expand and upgrade its hydronic HVAC systems business in the diversifying European market, including by meeting strong demand for made-to-order products and environmental awareness," the buyer said.
172	2024-04		Korea Zinc Inc.	Seoul		South Korea	Kataman Metals	Scrap Metals, Recycling	None	$55 million	Korea Zinc Inc. has acquired Kataman Metals, a US-based scrap metal trading company, at $55 million to expand the recycling business, KED Global reported.
171	2024-04		Accenture	Dublin		Ireland	Intellera Consulting	Professional Services, Sustainable IT, Italy	None	Undisclosed	Accenture has acquired Intellera Consulting from Gyrus Capital. Interella is a professional services provider in Roma and Milan, Italy. The company has 1,400 employees focused on public service organizations that need more sustainable, agile and inclusive IT systems. Financial terms of the deal were not disclosed. This is Accenture's third IT services acquisition in Italy in recent months. The others involved Customer Management IT and SirfinPA.
170	2024-04		NV5 Global	Hollywood	Florida	United States	ASG Engineering Consultants	Sustainable Building Development	None	Undisclosed	NV5 Global, which specializes in sustainable building development, has acquired ASG Engineering Consultants -- a provider of structural engineering, permitting, and compliance services in Dubai, United Arab Emirates (UAE). Financial terms of the deal were not disclosed.
169	2024-04		Montrose Environmental Group	North Little Rock	Arkansas	United States	Engineering & Technical Associates (ETA)	Process Safety Management, PSM	None	Undisclosed	The buyer said: "Montrose Environmental Group (NYSE: MEG), a premier environmental solutions company, today announced the acquisition of Engineering & Technical Associates, Inc. (“ETA”), a leader in Process Safety Management (PSM). ETA will join Montrose’s Assessment, Permitting & Response segment."
168	2024-04		The Heico Companies	Cambridge	Ontario	Canada	CM Shredders	Tire Recycling	None	Undisclosed	The Heico Companies has acquired CM Shredders of Sarasota, Florida. CM will tuck into Shred-Tech Corp. Financial terms of the deal were not disclosed.
167	2024-04		Apollo	New York	New York	United States	Panasonic Automotive Systems	Automotive Systems, In-Vehicle Electronics	Apollo	Total enterprise value of ¥311 billion	Apollo is acquiring a majority stake in Panasonic Automotive Systems Corp. The deal has a total enterprise value of ¥311 billion. Panasonic will retain a minority stake in the company. The deal is expected to close in at the end of Q1 in 2025.
166	2024-04		One Equity Partners	New York	New York	United States	Acteon Group	Marine Energy, Infrastructure Solutions	One Equity Partners	Undisclosed	One Equity Partners has acquired Acteon Group, an international marine energy and infrastructure solutions company. Acteon installs, maintains and removes marine infrastructure -- including offshore renewable energy, nearshore construction and oil and gas facilities. Financial terms of the deal were not disclosed.
165	2024-04		ISS-Corporate Solutions	Boston	Massachusetts	United States	Celsia	SaaS, Software, Carbon Reporting, Sustainability Reporting, CSRD	None	Undisclosed	ISS-Corporate Solutions has acquired Celsia, a SaaS startup that develops corporate sustainability reporting software. Financial terms of the deal were not disclosed.
164	2024-04		WSP Global	Montreal		Canada	1A Ingenieros	Consulting, Energy Sector, Renewable Energy	None	Undisclosed	WSP Global has acquired 1A Ingenieros, a consulting firm that serves power and energy customers in Spain. 1A's expertise spans renewable energy, electricity distribution and transportation, sustainable mobility, the industrial sector, and the environment. Financial terms of the deal were not disclosed.
163	2024-04		Resources Connection Inc. (aka RGP)	Irvine	California	United States	Reference Point LLC	Consulting, Risk Management	None	Undisclosed	Resources Connection Inc., a global consulting firm also known as RGP, is acquiring Reference Point LLC -- a strategy, management, and technology consulting firm focused on the financial services sector. Key areas of expertise span Strategy & Management, Risk & Regulatory Compliance, Digital & Technology and Data & Analytics.
162	2024-04		SLB	Houston	Texas	United States	Aker Carbon Capture (ACC)	Carbon Capture	None	Undisclosed	SLB has acquired Aker Carbon Capture (ACC). The business will tuck into SLB's own carbon capture company.
161	2024-04		Descartes Systems Group	Waterloo	Ontarioo	Canada	OCR Services	Supply Chain Management, Logistics, Cloud Services, Software	None	$90 million	Descartes Systems Group has acquired OCR Services for roughly $90 million. Descartes specializes in cloud-based logistics and supply chain management solutions.
160	2024-04		Morgan Stanley Capital Partners	New York	New York	United States	Resource Innovations	Consulting, Energy Efficiency, Grid Modernization, Sustainability	Morgan Stanley Capital Partners	Undisclosed	Morgan Stanley Capital Partners, the private equity arm of the financial services giant, has acquired Resource Innovations, a consultancy focused on energy efficiency, sustainability and grid resiliency. The seller was mid-market private equity firm BV Investment Partners. Financial terms of the deal were not disclosed.
159	2024-04		ATOZ Tax Advisers	Senningerberg		Luxembourg	Deveco Sustainability	Consulting, Sustainability	None	Undisclosed	ATOZ Tax Advisers has acquired Deveco Sustainability, a strategic and operational consulting firm based in Luxembourg. Financial terms of the deal were not disclosed.
158	2024-03		Enviromena	Reading		United Kingdom	Solar farm in Medebridge, Essex, United Kingdom	Solar Projects, Renewable Energy	Arjun Infrastructure Partners	Undisclosed	Enviromena, backed by Arjun Infrastructure Partners, has acquired a solar farm in Medebridge, Essex, United Kingdom. The solar farm, expected to open in the summer of 2025, will provide electricity to more than 26,000 homes and preventing the emission of over 13,500 tonnes of CO2 each year, Enviromenta said.
157	2024-03		Paynetics	Sofia		Bulgaria	Novus	E-Commerce, ESG	None	Undisclosed	Paynetics has acquired Novus to "amplify" the buyer's ESG mission. Financial terms were not disclosed.
156	2024-03		Atlantica Sustainable Infrastructure	London		United Kingdom	Two wind assets in Scotland, United Kingdom.	Wind Power, Renewable Energy	None	$66 million	has acquired two wind assets in Scotland, United Kingdom. The purchase price was $66 million.
155	2024-03		Honeywell	Charlotte	North Carolina	United States	Civitanavi Systems	Autonomous Technologies	None	€200 million	4. M&A: Honeywell is acquiring Civitanavi Systems for €200 million in cash. The acquisition will help customers create autonomous operations in aircraft and other vehicles, Honeywell said. The deal is expected to close in Q3 of 2024, the buyer said.
154	2024-03		Anthesis	London		United Kingdom	Given	Consulting, Sustainability	Carlyle	Undisclosed	From the buyer: "Anthesis, the largest group of dedicated sustainability professionals globally, announces that Given, an award-winning purpose consultancy, has merged with the business."
153	2024-03		EIPGRID	Seoul		South Korea	Mirae & Hwangyung	Energy as a Service, Virtual Power Plants	None	Undisclosed	EIPGRID has acquired Mirae & Hwangyung. The deal focuses on Virtual Power Plant and Energy-as-a-Service opportunities. Financial terms of the deal were not disclosed.
152	2024-03		Park Place Technologies	Cleveland	Ohio	United States	SDV Solutions	IT Services, Data Center Infrastructure, IT Lifecycle Management, ITLM, Government	None	Undisclosed	Park Place Technologies has acquired SDV Solutions, which provides data center infrastructure solutions exclusively to Federal Government agencies. Park Place has been expanding its data center services to include sustainability capabilities.
151	2024-03		Blue Planet Environmental Solutions			Singapore	Vac-Tech Engineering	Hazardous Waste Management	None	Undisclosed	Blue Planet Environmental Solutions has acquired Vac-Tech Engineering Pte, a provider of hazardous waste management and transportation. Financial terms of the deal were not disclosed.
150	2024-03		Southwest Airlines	Dallas	Texas	United States	SAFFiRE Renewables	Sustainable Aviation Fuel, SAF	None	Undisclosed	Southwest Airlines has acquired SAFFiRE Renewables. SAFFiRE is part of a project supported by the Department of Energy (DOE) to develop and produce scalable renewable ethanol that can be upgraded into SAF. Financial terms of the deal were not disclosed.
149	2024-03		BP Pulse	Milton Keynes		England	A major European truckstop	EV Charging Networks, Transportation, Energy Transition	None	Undisclosed	BP Pulse has acquired one of Europe’s largest truck stops as part of a plan to expand its EV charging network for Heavy Goods Vehicles (HGVs). The seller is GSE Group. Financial terms of the deal were not disclosed.
148	2024-03		Ardian	Paris		France	Verne	Data Centers, Green IT	Ardian	Undisclosed	The buyer stated: Founded in 2012, Verne addresses a large and fast-growing market in Northern Europe, where it has consistently delivered access to cost-effective renewable energy and international connectivity spanning Europe and North America for its international clients.
147	2024-03		SolarBank	Toronto	Ontario	Canada	Solar Flow-Through Funds (SFF)	Solar Power, Renewable Energy	None	$45 Million	SolarBank is acquiring Solar Flow-Through Funds (SFF) for $41.8 million. Solar Flow-Through owns 70 operating solar sites located in Ontario. SFF also owns and is constructing three battery energy storage system projects in Ontario.
146	2024-03		Recurrent Energy	Austin	Texas	United States	Solar portfolio south of Spain	Solar Energy, Renewable Power	None	Undisclosed	Recurrent Energy, a subsidiary of Canadian Solar, has acquired a solar PV portfolio in the south of Spain with a capacity of more than 420 MWp. The portfolio is expected to produce approximately 916,000 MWh of clean energy each year, servicing the needs of more than 275,000 homes in the region and displacing approximately 184,000 tons of CO2 emissions, Recurrent Energy said. Financial terms of the deal were not disclosed.
145	2024-03		Accenture	Dublin		Ireland	Flo Group	Oracle, Applications, Supply Chain Management, Logistics	None	Undisclosed	Accenture has acquired Flo Group, a European consultancy and Oracle business partner specializing in global supply chain logistics. We'll be watching to see if or how the Flo Group team assists customers with sustainable supply chain projects. Financial terms of the deal were not disclosed.
144 & 143	2024-03		ServiceNow	Santa Clara	California	United States	4Industry and Smart Daily Management	Software, IT Consulting, ITSM, Manufacturing, Energy, Transport, Logistics	None	Undisclosed	ServiceNow is acquiring 4Industry and Smart Daily Management. The acquisitions boost ServiceNow's technology and consulting expertise in such vertical markets as manufacturing, energy and transport & logistics. 4Industry is a Netherlands-based partner whose manufacturing technology application is built on the Now Platform. Smart Daily Management is a connected digital worker application from EY. Financial terms of the acquisitions were not disclosed.
142	2024-03		Circular Services & Balcones Recycling	New York	New York	United States	Midwest Fiber Recycling	Recycling	Closed Loop Partners	Undisclosed	Circular Services has acquired Midwest Fiber Recycling -- which has multiple facilities in Illinois and Indiana. Financial terms of the deal were not disclosed. The acquired business will tuck into Balcones Recycling -- a Circular Services company. Balcones Recycling now operates 18 materials recovery facilities across the U.S., including five from Midwest Fiber.
141	2024-03		KKR	New York	New York	United States	Envavis	Renewable Energy	KKR	$3.06 billion	KKR plans to acquire German energy company Envavis for $3.06 billion or so, the private equity firm disclosed.
140	2024-03		KKR	New York	New York	United States	Avantus,	Solar Power, Energy Storage, Renewable Energy	KKR and EIG Partners	Undisclosed	KKR has acquired Avantus, a U.S.-based developer of solar and energy storage projects. EIG Partners will also have a stake in Avantus. KKR and EIG are committed to pumping roughly $1 billion into Avantus to fuel the renewable energy company's growth. Financial terms and valuation information for the acquisition were not disclosed.
139	2024-03		Wattif	Bergen		Norway	Laddel	EV Charging Networks	Marguerite	Undisclosed	Wattif, backed by sustainability investor Marguerite, has acquired Laddel, a ChargePoint operator in Kristiansand, Norway. Financial terms of the deal were not disclosed.
138	2024-03		TotalEnergies E&P USA	Courbevoie		France	Talos Low Carbon Solutions (TLCS)	Carbon Capture and Sequestration (CCS)	None	$148 million (approximately)	TotalEnergies E&P USA has acquired Talos Low Carbon Solutions (TLCS) from Talos Energy for roughly $148 million. The deal includes the entire Talos carbon capture and sequestration (CCS) business.
137	2024-03		ESG	Euxton	Chorley	England	Whitestar	Software, SaaS, Data, Analytics, Energy Management	None	Undisclosed	ESG, a developer of SaaS-based energy solutions, has acquired Whitestar, a provider of infrastructure planning, data and software products for green energy, oil & gas, utility, telco, rail, mining, and forestry services. Financial terms of the deal were not disclosed.
136	2024-03		True Environmental	New York	New York	United States	Sundance Consulting	Environmental Consulting	Halle Capital	Undisclosed	True Environmental, backed by private equity firm Halle Capital, has acquired Sundance Consulting, a full-service environmental consulting firm. Financial terms of the deal were not disclosed.
135	2024-03		Hillmann Consulting	Union	New Jersey	United States	Abraxas Energy Consulting	Consulting, Energy Efficiency, Consulting, & Auditing industry	None	Undisclosed	Hillmann Consulting has acquired Abraxas Energy Consulting. Financial terms of the deal were not disclosed.
134	2024-03		Stonepeak	New York	New York	United States	U.S. wind farms from Ørsted	Wind Power, Renewable Energy	Stonepeak	$300 million	Stonepeak will acquire U.S. wind farms from Ørsted for $300 million. Ørsted will continue to operate the assets, which span four wind farms across three states: The Ford Ridge Wind project in Illinois; the Helena Wind and Western Trail Wind projects in Texas; and the Sunflower Wind project in Kansas.
133	2024-03		BlackRock	New York	New York	United States	38 solar energy and solar plus storage projects from Excelsior Energy Capital.	Solar Energy, Power Storage, Renewable Energy	BlackRock	Undisclosed	BlackRock has acquired 38 solar energy and solar plus storage projects from Excelsior Energy Capital. Financial terms were not disclosed.
132	2024-03		Verdantas	Dublin	Ohio	United States	Lewandowski Engineers	Engineering, Consulting	RTC Partners	Undisclosed	Verdantas, backed by private equity firm RTC Partners, has acquired Lewandowski Engineers. This acquisition expands Verdantas into the Great Lakes Area. Financial terms of the deal were not disclosed.
131	2024-03		GridStor	Portland	Oregon	United States	A battery energy storage project in Galveston County, Texas.	Energy Storage, Battery Technology	Goldman Sachs Asset Management	Undisclosed	GridStor, backed by Goldman Sachs Asset Management, has acquired a battery energy storage project in Galveston County, Texas. The project, slated to begin construction in Summer 2024, has an anticipated on-line date of Spring 2025. Financial terms were not disclosed.
130	2024-03		LyondellBasell	Houston	Texas	United States	Mechanical recycling assets from PreZero	Recycling	None	Undisclosed	LyondellBasell has acquired various mechanical recycling assets from PreZero, a global recycling and waste management service provider. The transaction includes leasing the processing facility in Jurupa Valley, Calif., which has a production capacity of approximately 50 million pounds per year for recycled materials, the buyer said. Financial terms of the deal were not disclosed.
129	2024-03		Ever.Ag	Lewisville	Texas	United States	Integrated Control & Information Systems	Software, Energy Management, Food Systems	None	Undisclosed	Ever.Ag has acquired Integrated Control & Information Systems and their Plant Energy product suite (rebranded as Ever.Ag Energy Manager). The software includes "advanced energy management and sustainability solutions in the dairy and distilling industries." Financial terms of the deal were not disclosed.
128	2024-03		Tetra Tech	Pasadena	Calfornia	United States	LS Technologies	Engineering, Consulting	None	Undisclosed	Tetra Tech has acquired LS Technologies, a provider of government technology and management consulting services. Tetra Tech specializes in water, environment and sustainable infrastructure services.
127	2024-03		Capgemini	Paris		France	The digital twin professional services business from Unity	Digital Twin Software	None	Undisclosed	Capgemini will acquire the digital twin professional services business from Unity. Customers often use digital twin software to simulate various energy and carbon footprint scenarios for their physical products and infrastructure.
126 & 125	2024-03		NextChem (MaireTecnimont)	Milan		Italy	80% of HyDep and 100% of Dragoni Group for €3.6 million (US$3.9 million)	Sustainability, Energy Transition	None	€3.6 million (US$3.9 million)	NextChem will acquire 80% of HyDep and 100% of Dragoni Group for €3.6 million (US$3.9 million). NextChem also has the option to potentially acquire the remaining 20% stake in HyDep. The acquisitions will "further strengthen" NextChem's green hydrogen expertise.
124	2024-03		Greenbox Group	Lytton	Queensland	Australia	Remark IT	ITAD, IT Asset Disposition, E-Waste Reduction, Asset Recovery, Reverse Logistics	None	Undisclosed	Australian sustainable technology lifecycle management firm Greenbox Group has acquired sustainable technology firm Remark IT, CRN reported.
123	2024-03		atNorth	Reykjavik		Iceland	Gompute	Data Centers	Partners Group	Undisclosed	atNorth, a Nordic provider of sustainable data center services, has acquired Gompute, a High Performance Computing (HPC) provider. The deal, completed in 2023, allows atNorth to further scale its services for AI and high-performance workloads, BNN reported.
122	2024-03		CEE Group	Hamburg		Germany	A solar park in Brandenburg, Germany.	Solar Projects, Renewable Energy	CEE Group	Undisclosed	The CEE Group has acquired a solar park in Brandenburg, Germany. Financial terms of the deal were not disclosed. The CEE Group now owns 54 solar and 47 wind parks. CEE Group can now supply green energy to 885,300 households, roughly equivalent to Munich, Germany's size, thereby preventing nearly 1.5 million tons of CO2 emissions annually, the company said.
121	2024-03		Revolve Renewable Power Corp.	Vancouver		Canada	WindRiver Power	Wind Power, Hydro Power, Renewable Energy	None	C$4.85 million up front; C$14 million potential earn-out	Revolve Renewable Power Corp. has acquired WindRiver Power, a Canadian-based owner, operator and developer of wind and hydro projects in the Provinces of British Columbia and Alberta. Revolved paid C$4.85 million up front in cash. Revolve may pay an additional $14 million if certain acquired projects achieve various business metrics. Revolve has also agreed to pass through contingent payments of up to C$5.7 million expected to be received by WindRiver from development assets previously sold to third parties by WindRiver.
120	2024-03		Learnd	Manchester		United Kingdom	BG Energy Solutions	Building Energy Management, ESG	None	Undisclosed	learnd Limited has acquired BG Energy Solutions, a provider of building energy management services in Europe. We don't know the deal's valuation.
119	2024-03		ProKontrol	Laval	Quebec	Canada	Carostan Controls	Distribution, HVAC	None	Undisclosed	ProKontrol, a national distributor of HVAC/R control equipment for commercial buildings, has acquired Carostan Controls. Both companies are based in the Greater Montreal Area, HPAG Mag reported. Financial terms of the deal were not mentioned.
118	2024-03		Montrose Environmental Group	Little Rock	Arkansas	United States	Two Dot Consulting	Environmental Consulting	None	Undisclosed	Montrose Environmental Group has acquired Two Dot Consulting, an environmental consultancy specializing in regulatory services to the oil and gas, and renewables sectors in the Rocky Mountain and adjacent regions. Financial terms of the deal were not disclosed.
117	2024-03		Strabag Property and Facility Services	Frankfurt		Germany	Triburuzek Group of Austria	Heat Pumps, Heating System Deployments	None	Undisclosed	Strabag Property and Facility Services of Germany has acquired Triburuzek Group of Austria. The acquired business which specializes in heat pump and heating system deployments.
116	2024-03		Mitsubishi	Minato City	Tokyo	Japan	65% of two data centers in Dallas, Texas	Data Centers	None	$200M for 65%; so roughly $300M total valuation	Mitsubishi paid $200 million to acquire 65% of two data centers that are under construction in Dallas, Texas. Digital Realty, which has a 35% stake in the projects, will operate both sites. Each partner will "fund its pro rata share of the remaining $100 million estimated development cost for the first phase of the project, which is slated for completion and commencement in late 2024." Alas, the companies did not say if the data centers will leverage renewable energy.
115	2024-03		Groq	Mountain View	California	United States	Definitive Intelligence	AI, Artificial Intelligence	None	Undisclosed	: Groq has acquired Definitive Intelligence. The Definitive Intelligence team has "already been working closely with Groq to build GroqCloud, a new developer playground with fully integrated documentation, code samples, and self-serve access.
114	2024-03		T4 Group	Invercargill		New Zealand	East Tamaki Data Centre's assets from Kyndryl	Data Centers	None	Undisclosed	From Data Center News: "New Zealand's co-location Data Centre operator, T4 Group, has announced a significant step towards its commitment to sustainability, security, and resilience with the acquisition of East Tamaki Data Centre's assets from Kyndryl, the world's largest IT infrastructure services provider. Both Kyndryl and T4 Group promise a smooth transition for the data centre clients."
113	2024-03		Blue Planet Environmental Solutions			Singapore	Recycle Force Limited	Recycling, Waste Management	None	Undisclosed	From the buyer: "Blue Planet Environmental Solutions Pte. Ltd. (Blue Planet®) a leading global pioneer in sustainable waste management solutions has announced the strategic acquisition of Recycle Force Limited (RFL) a waste management company based in UK. The acquisition marks a significant milestone in Blue Planet’s mission to revolutionize the waste management landscape worldwide."
112	2024-03		Danos Group Holdings	Gray	Louisana	United States	Performance Energy Services (PES)	Energy Services, Oil and Gas	None	Undisclosed	From the buyer: "On Tuesday, March 5, Danos Group Holdings finalized the acquisition of Performance Energy Services (PES), a 24-year-old Houma, LA-based company. The acquisition includes all PES business units, the Houma administrative office, and waterfront operations facility."
111	2024-03		Anthesis Group	London		United Kingdom	BuzzWord	Sustainability, Consulting, PR, Communications	Carlyle	Undisclosed	Anthesis, backed by global investment firm Carlyle, has acquired sustainability reporting consultancy BuzzWord. Financial terms of the deal were not disclosed.
110 & 109	2024-03		ERM	London		United Kingdom	The Big Middle and The Big Zero	Sustainability, Consulting, Oracle, Salesforce Net Zero Cloud	None	Undisclosed	ERM, which positions itself has the world's largest sustainability consultancy, has acquired The Big Middle and The Big Zero -- two enterprise systems integrators that partner closely with Salesforce, Oracle and WalkMe. Financial terms for the acquisitions were not disclosed.
108	2024-03		Amazon Web Services (AWS)	Seattle	Washington	United States	A nuclear powered, carbon-free data center campus from Talen Energy Corp.	Data Centers, Cloud Services	None	$650 million	Amazon Web Services (AWS) has acquired a nuclear powered, carbon-free data center campus from Talen Energy Corp. for $650 million. Talon will receive $350 million upfront, and $300 million assuming the campus achieves expected development milestones in 2024.
107	2028-02		Apax Partners	London		United Kingdom	Integrated Environmental Solutions (IES)	Building Decarbonization, Consulting	Apax Partners	Undisclosed	Private equity firm Apax Partners has acquired Integrated Environmental Solutions (IES), a technology solutions provider, consulting firm and digital twins specialist that helps customers to decarbonize buildings, communities and cities. Financial terms of the deal were not disclosed.
106	2024-02		CDPQ	Quebec	Quebec	Canada	80% stake in a solar power generation plant in Japan	Solar Energy, Solar Power, Renewable Energy, Japan	None	Undisclosed	CDPQ, a global investment group, has acquired an 80% stake in a solar power generation plant in Japan, alongside its portfolio company Shizen Energy. Financial terms of this particular investment were not disclosed.
105	2024-02		CuraScientific	Sacramento	California	United States	Sustainable Energy Group Inc.	Solar Energy, Solar Power, Renewable Energy, Consulting, Residential, Commercial	None	Undisclosed	CuraScientific has acquired Sustainable Energy Group Inc., a provider of solar energy solutions that generates roughly $3.5 million in annual sales. Financial terms of the deal were not disclosed.
104	2024-02		ABB Group	Zurich		Switzerland	SEAM Group	Electrical, Technologies, Consulting	None	Undisclosed	ABB is acquiring SEAM Group, a provider of energized asset management and advisory services to clients across industrial and commercial building markets. ABB specializes in technology, electrification and automation. The company has 105,000 employees. SEAM has roughly 250 employees and supports more than 1 million energized assets for over 800 active clients operating across North America, EMEA and Asia. Key focus areas include commercial buildings, data centers, healthcare, manufacturing, and EV charging infrastructure. Financial terms of the deal were not disclosed.
103	2024-02		Starwood Capital Group	Miami Beach	Florida	United States	50% stake in Echelon Data Centres	Data Centers, Green IT, Sustainability	Starwood Capital Group	Echelon has an an enterprise value of roughly €2.5 billion (US$2.7 billion).	Starwood Capital Group has acquired a 50% stake in Echelon Data Centres, a sustainability-focused data center infrastructure provider in Ireland and the United Kingdom. The investment, involving roughly US$850 million, gives Echelon an enterprise value of roughly €2.5 billion (US$2.7 billion).
102	2024-02		Blue Planet Environmental Solutions			Singapore	Mahindra Waste to Energy Solutions Limited (MWTESL)	Waste Management, Energy Production	None	Undisclosed	Blue Planet Environmental Solutions has acquired a majority stake in Mahindra Waste to Energy Solutions Limited (MWTESL), a subsidiary of the Mahindra Group. The deal will boost Blue Planet's sustainable energy production and waste management capabilities, the buyer said. Financial terms of the deal were not disclosed. The acquisition surfaced two months after Blue Planet raised $35 million in December 2023 to fund operations in India.
101	2024-02		Contollo Group	Manchester		United Kingdom	Abacus	Smart Buildings, Consulting	NorthEdge	Undisclosed	Contollo Group, backed by the private equity firm NorthEdge, has acquired Abacus. Contollo is a newly formed smart building consultancy that assists United Kingdom customers with energy efficiency, carbon reduction and sustainability initiatives. Abacus is a cost management consultancy offering quantity surveying, project management, and technical services, including due diligence, technical assurance, and fund monitoring to the construction sector. Financial terms of the deal were not disclosed.
100	2024-02		CLEAResult	Austin	Texas	United States	Energetics	Sustainability, Consulting, Government	TPG	Undisclosed	From the buyer: "This strategic acquisition will bring 120 energy and sustainability experts to the CLEAResult team, expanding its capabilities to provide comprehensive energy transition and carbon consulting services, including deep expertise supporting the federal government."
099	2024-02		WAP Sustainability Consulting	Nashville	Tennessee	United States	Atmos AI	MSP, Sustainability, Consulting, Carbon Accounting	None	Undisclosed	WAP Sustainability Consulting has acquired Atmos AI, a startup focused on ESG reporting software. Financial terms of the deal were not disclosed.
098	2024-02		SolarSquare	Mumbai		India	PV Diagnostics	Solar Energy, Solar Power, Renewable Energy, Consulting	None	Unidsclosed	SolarSquare, a rooftop solar company based in Mumbai, India, has acquired solar consultancy PV Diagnostics, according to Mercom. Financial terms of the deal were not disclosed.
097, 096	2024-02		Global Infrastructure Partners (GIP)	New York	New York	United States	50% ownership share in South Fork Wind and Revolution Wind	Offshore Wind, Renewable Energy	Global Infrastructure Partners (GIP)	$1.1 billion in cash from the 50% stakes	Eversource Energy has agreed to sell its 50% stake in two US offshore wind projects to Global Infrastructure Partners LP, moving closer to its goal of exiting the industry, Bloomberg reported. Eversource will realize $1.1 billion in cash proceeds for the stakes in the South Fork and Revolution projects, the report said. The sale is expected to close in mid-2024.
095	2024-02		Accenture	Dublin		Ireland	Insight Sourcing	Supply Chain Management, Energy Management, Product Sourcing, Energy Sourcing, Procurement Services	None	Undisclosed	Accenture is acquiring Insight Sourcing, a provider of strategic sourcing and procurement services -- particularly for private equity customers. The deal also includes Insight Energy -- an energy procurement and management business. Financial terms of the deal were not disclosed.
094	2024-02		Sam Riley	Sydney		Australia	Ansarada's early-stage ESG software business.	ESG, Software	None	$500,000	Ansarada CEO Sam Riley has agreed to acquire Asarada's ESG software assets as a carveout for $500,000.
093	2024-02		Datasite	Minneapolis	Minnesota	United States	Ansarada Group	M&A Software	None	Implied equity value of $263.3 million	Datasite is acquiring Ansarada Group for an implied equity value of $263.3 million, Business News Australia reported. Ansarada Group develops a SaaS platform that allows customers to "securely managing critical information, workflow and collaboration in high stakes processes like deals, risk, compliance, board governance and procurement." However, the M&A deal excludes Ansarada's early-stage ESG software business. As a result, Ansarada CEO Sam Riley has agreed to acquire those assets as a carveout for $500,000.
092	2024-02		Ascent Technologies	Chicago	Illinois	United States	Waymark	Compliance Management, Workflow Automation, Software	Edgewater Equity Partners	Undisclosed	From the buyer: "Ascent Technologies, a leading provider of AI-enabled compliance automation solutions for financial services companies, today announced it has acquired Waymark, a UK-based provider of horizon scanning and compliance management workflow solutions. This strategic move follows Ascent's recent acquisition by Edgewater Equity Partners. The integration of Ascent and Waymark creates a comprehensive solution for horizon scanning and obligations management, establishing a new benchmark for managing regulatory risk."
091	2024-02		Edgewater Equity Partners	Chicago	Illinois	United States	Ascent Technologies	Compliance Automation, SaaS, Software	Edgewater Equity Partners	None	From the buyer: "Ascent Technologies, an innovator and leading provider of AI-enabled compliance automation solutions for financial services companies, today announced its acquisition by Edgewater Equity Partners, a private equity firm based in Boston. This strategic acquisition positions Ascent to accelerate development of its compliance automation platform and deliver even greater value to its customers."
090	2024-02		HSL Compliance	Herefordshire		United Kingdom	Plexus Innovation	Legal Compliance, RMM Software, Water Monitoring	None	Undisclosed	HSL Compliance has acquired Plexus Innovation, a provider of IoT technology and remote monitoring solutions. The technology will enable HSL to "accurately monitor its clients’ individual water assets remotely, alerting them to issues as they arise and allowing the business’ expert engineers to take targeted action to resolve." Financial terms of the deal were not disclosed. This is HSL's fourth acquisition in less than two years. Earlier acquisitions involved Jordan Environmental, DMA Canyon and Chemical Treatment Services.
089	2024-02		Standard Solar	Rockville	Maryland	United States	Acquired an 84-megawatt community solar portfolio in Illinois.	Solar Energy Projects	None	Undisclosed	Standard Solar has acquired an 84-megawatt community solar portfolio in Illinois. The seller was New Leaf Energy. Financial terms of the deal were not disclosed.
088	2024-02		Thoma Bravo	Chicago	Illinois	United States	EQS Group	SaaS, Applications, Compliance Software, ESG Software	Thoma Bravo	$430.9 million or roughly 40X original EBITDA expectations for 2023	EQS Group, founded in 2000, is based in Munich, Germany. The company, backed by roughly 600 employees, develops a cloud-based software platform that allows customers to manage corporate compliance and investor relations tasks. The software also allows customers to comply with the German Whistleblower Protection Act. More than 2,800 new customers adopted EQS's software in 2023 to comply with that act, the company said in December 2023. EQS Group launched a dedicated ESG software group led by Deloitte Germany veteran Thomas Krick, EQS Group disclosed in May 2022.
087	2024-02		Swire Renewable Energy A/S	Aarus		Denmark	Obelisk Energy Services Ltd.	Renewable Energy	None	Undisclosed	Swire Renewable Energy A/S, a subsidiary of the Swire Group specializing in renewable energy maintenance and services, has acquired Obelisk Energy Services Ltd. and its affiliated companies in South Africa and Ireland. Obelisk has supported more than 200 renewable energy development sites and 20+ windfarms in South Africa since 2010. The company provides wind measurement services, HS&E advisory services, statutory inspections, operational maintenance services and blade and tower services, as part of its product portfolio.
086	2024-02		Swell Energy	Monica	California	United States	Renu Energy Solutions	Solar Energy, Storage	None	Undisclosed	Swell Energy has acquired Renu Energy Solutions, a provider of customized residential and commercial solar and energy storage solutions. The combination delivers a "bicoastal presence to enable the deployment of Virtual Power Plants (VPPs) in key energy markets," Swell Energy said. Financial terms of the deal were not disclosed.
085	2024-02		Looking Glass Labs	Vancouver	British Columbia	Canada	Bot Media Corp., CarbonBot and ClimateBot.	Media	None	$765,000 in stock	Looking Glass Labs is acquiring Bot Media Corp. for $765,000 in stock. The acquisition includes carbon.bot (CarbonBot) and climate.bot (ClimateBot). CarbonBot a digital platform that tracks news related to climate-focused companies and generates articles using AI, incorporating capabilities of ChatGPT. ClimateBot is a web-based digital tool offering a range of calculators to evaluate various environmental impacts, focusing on carbon footprint assessments, the buyer said.
084	2024-02		Holcim	Zug		Switerland	Zinco	Solar Energy, Roofing	None	Undisclosed	Holcim has acquired ZinCo, a provider of green roofing systems. ZinCo, based in Germany, has operations across Europe, Asia and the Americas. Financial terms of the deal were not disclosed.
083	2024-02		Nautilus Solar Energy	Summit	New Jersey	United States	SolAmerica Energy	Solar Energy Projects	None	Undisclosed	Nautilus Solar Energy has acquired a 12.7 MW portfolio of community solar projects from SolAmerica Energy. The projects, located in Canton, New York, are expected to be fully operational in 2024. Once completed, the community solar projects will provide clean energy to power over 1,800 residential subscribers within the National Grid utility territory. Financial terms of the deal were not disclosed.
082	2024-02		Clean Harbors	Norwell	Massachusetts	United States	HEPACO	Environmental Services	None	$400 million; 7.1X annual EBITDA based on expected post-acquisition synergies.	Clean Harbors is acquiring HEPACO from Gryphon Investors for $400 million in cash. HEPACO provides specialized environmental and emergency response services in the Eastern United States. The deal's valuation is roughly 7.1X annual EBITDA based on expected post-acquisition synergies. The acquisition is expected to close in the first half of 2024.
081	2024-02		Advanced Industrial Devices (AID)	Tulsa	Oklahoma	United States	R.S. Integrators Inc. (RSI)	Industrial, Electrification	Black Bay Energy Capital	Undisclosed	From the buyer: "RSI designs and manufactures electric motor control systems and power distribution panels for the water utility, wastewater, and various other industrial markets, the buyer noted. The combined businesses will "continue to capitalize on the trend of industrial electrification", delivering a world-class standard of excellence, technical expertise, high-quality customer service, and a geographic footprint for end-users to" to help customers "achieve business efficiency, sustainability, and decarbonization goals," the companies said. Financial terms of the deal were not disclosed."
080	2024-02		SERI	Washington	D.C.	United States	E-Reuse Conference (to be rebranded as the Electronics Sustainability Summit)	Conferences, Electronics, Sustainability	None	Undisclosed	From the buyer: "SERI, a 501(c)(3) nonprofit electronics sustainability organization based in the United States announced today that it has acquired the E-Reuse Conference from E-Reuse Services, and beginning with the fall 2024 event, will rebrand the conference to launch the new Electronics Sustainability Summit."
079	2024-02		BAE Systems	Falls Churck	Virginia	United States	Malloy Aeronautics	Drones, Aeronautics, Sustainable Mobility	None	Undisclosed	From the buyer: "BAE Systems and Malloy Aeronautics engineers have been collaborating to develop the 300kg T-650 all-electric ‘heavy lift’ UAS as a potential new solution to deliver cost-effective, sustainable rapid response capability to military, security and civilian customers. "
078	2024-02		Danfoss	Nordborg		Denmark	1500 VCD Converter Technology and talent from Amper Oy	Smart Grids, Energy Storage	None	Undisclosed	From the buyer: "Danfoss Drives has acquired 1500 VDC converter technology from Ampner Oy, with plans to scale up its advanced electrification portfolio within energy storage."
077	2024-02		Facility Solutions Group (FSG)	Austin	Texas	United States	Greenleaf Energy Solutions	Renewable Energy, Solar	None	Undisclosed	From the buyer: "Facility Solutions Group is one of the nation's largest single-source providers of lighting and electrical products, electrical services, electrical construction, and energy management solutions." And about the seller: "Founded in 2001, Greenleaf established its foothold as a lighting company, catering to diverse commercial needs. With a keen awareness of the evolving environmental landscape and a commitment to sustainable practices, the company strategically shifted its focus towards becoming a leading provider of commercial solar solutions. Through two decades of innovation and adaptation, Greenleaf emerged as a leader in the renewable energy sector."
076	2024-02		Thoma Bravo	Chicago	Illinois	United States	Everbridge	SaaS, Incident Management, ESG, Risk Intelligence	Thoma Bravo	$1.8 billion (originally $1.5 billion)	This is an all-cash deal that will take Everbridge private.
075, 074	2024-02		Cubico Sustainable Investments	London		England	Acquired Renantis Mexico and inked a strategic agreement with Sowitec Group.	Renewable Energy, Solar	Cubico Sustainable Investments	Undisclosed	From the buyer: "Through the acquisition of Renantis Mexico and a strategic agreement with Sowitec Group, Cubico’s development pipeline in Mexico has now exceeded 1.6 GW, reflecting its strong commitment to expanding its renewable energy platform in the country. "
073	2024-02		Alliance Technical Group	Decatur	Alabama	United States	Ortech Consulting	Environmental Consulting, Compliance,	None	Undisclosed	From the buyer: "Alliance Technical Group ("Alliance"), a leader in environmental testing and compliance services, today announced its agreement to acquire ORTECH Consulting Inc. ("ORTECH"), a prominent Canadian environmental, engineering, and science consulting firm. This strategic move marks a significant expansion of Alliance's portfolio in environmental and technical expertise and brings Alliance's service offerings to the international stage."
072	2024-02		Trace Associates	Calgary	Alberta	Canada	XCG Consulting	Environmental Science, Environmental Engineering	None	Undisclosed	Trace Associates has acquired XCG Consulting, an environmental science and engineering consulting firm based in southern Ontario with offices in Kitchener and Kingston. Founded in 1990, XCG and its 28 employees have deep expertise providing environmental site assessment, remediation, risk assessment/management, solid waste advisory, and hazardous building materials management services across Canada to a wide range of industry sectors. environmental science and engineering, health and safety, emergency management, business continuity, sustainability, and Indigenous engagement.
071	2024-02		SRG Partnership	Portland	Oregon	United States	Merged with CannonDesign	Architecture, Planning, Sustainability	None	Undisclosed	Both SRG Partnership and CannonDesign share a commitment to designing spaces that help people, communities and the environment flourish.
070	2024-01		Aggreko	Glasgow		Scotland	The UK and South African based businesses of RenEnergy.	Solar Energy, Storage	None	Undisclosed	From the buyer: "Aggreko, a global leader in energy solutions, has acquired the UK and South African based businesses of RenEnergy group (“RenEnergy”), a market leading business known for their innovative commercial and industrial solar energy generation and storage solutions. "
069	2024-01		Serco Group	Hook		United Kingdom	Climatize	Consulting, Engineering, Sustainability	None	Undisclosed	Serco has acquired sustainability and engineering consultancy Climatize, which is based in the UAE. Climatize specializes in green building engineering and sustainability strategies. Financial terms of the deal were not disclosed.
068	2024-01		Altus Power	Stamford	Connecticut	United States	various solar power infrastructure from Vitol	Solar Projects, Renewable Energy	None	$118 million	Altus Power has acquired various solar power infrastructure from Vitol for $118 million. The deal includes thousands of long-term solar customers served by a mix of rooftop, ground and carport arrays in the U.S. Northeast region, the buyer said.
067	2024-01		Schroders Greencoat	London		United Kingdom	53 solar farms in the UK from Toucan Energy	Solar Projects, Renewable Energy	Schroders Capital	£700 million (US$888 million)	Schroders Greencoat, a fund managed by private equity firm Schroders Capital, is acquiring 53 solar farms in the UK from Toucan Energy at a value of roughly £700 million (US$888 million).
066	2024-01		Trilantic Europe	Satteins		Austria	60% stake in Aerocompact Group	Solar Projects, Renewable Energy	Trilantic Europe	Undisclosed	Trilantic Europe has acquired a 60% stake in Aerocompact Group, a supplier of solar mounting solutions. Financial terms of the deal were not disclosed.
065, 064, 063	2024-01		Qualitas Energy	Madrid		Spain	Three Wind and Solar Energy farms in Germany and North Carolina, United States.	Wind Power, Renewable Energy	Qualitas Energy	Undisclosed	The acquired businesses include a 55% stake in the project rights for the re-powering of a wind farm in Eastern Germany. The seller was European Energy, a Danish renewable energy company. Wind energy project pipeline with a total capacity of 96 MW in Germany. The deal involves four wind projects located in North Rhine-Westphalia and Lower Saxony, Germany. Solar PV and storage assets business in North Carolina. The deal involves Heelstone Renewable Energy. Ares Management was the seller. Financial terms of each deal were not disclosed.
062	2024-01		LionVolt	Eindhoven		Netherlands	AMTE Power	Battery Manufacturing, Solid State Batteries	None	Undisclosed	LionVolt of the Netherlands has acquired AMTE Power's Scotland business, Scottish Financial News reported. Financial terms of the deal were not disclosed.
061	2024-01		Ankura Consulting Group	New York	New York	United States	Lumeri	Sustainability, Consulting	None	Undisclosed	According to the buyer: "Founded in 2004, Lumeri helps companies drive results amid complex business and operational challenges through strategic leadership and operational solutions. The Lumeri team has decades of experience providing the world’s top companies with solutions including Execution Certainty, Advancement of Women, and Sustainability."
060	2024-01		Lemay	Montreal	Quebec	Canada	Fusion Energie	Building Energy Management	National Bank, the CDPQ and FTQ	Undisclosed	Lemay of Montreal has acquired Quebec-based Fusion Énergie, which specializes in energy management and optimization solutions for buildings. Lemay is backed by National Bank, the CDPQ and FTQ. Financial terms of the deal were not disclosed.
059	2024-01		ABB Group	Zurich		Switzerland	Shipping business of DTN Europe and DTN Philippines	Maritime, Mobility, Transportation, Shipping, Software, Supply Chain Management	None	Undisclosed	ABB is acquiring the shipping business of DTN Europe and DTN Philippines. The deal expands ABB's maritime software for weather routing. ABB's business will now scale to support more than 5,000 connected maritime vessels. Financial terms of the deal were not disclosed.
058	2024-01		NV5	Hollywood	Florida	United States	CHW Professional Consultants	Engineering, Infrastructure Consulting	None	Undisclosed	NV5 Global has acquired CHW Professional Consultants, a provider of engineering and infrastructure consulting services in Florida. CHW has 130 employees. NV5 has more than 100 offices nationwide. Financial terms of the deal were not disclosed.
057	2024-01		Hitachi Energy	Zurich		Switzerland	COET	Power Equipment, Mobility	None	Undisclosed	Hitachi Energy has acquired COET, a designer and manufacturer of power equipment for electric mobility, rail, and industry, based in the greater Milan area of Italy. COET will operate as a standalone business under its existing management team and retain all of its operations. COET has roughly 80 employees. Financial terms of the deal were not disclosed.
056	2024-01		SLR	Buckinghamshire		United Kingdom	ITPEnergised	Sustainability, Consulting	None	Undisclosed	SLR has acquired ITPEnergised, a UK-based consultancy focused on the renewables sector. ITPEnergised has roughly 100 employees. Financial terms of the deal were not disclosed.
055	2024-01		Revolution Sustainable Solutions	Little Rock	Arkansas	United States	PolyAG Recycling	Agriculture, Recycling	None	Undisclosed	Revolution Sustainable Solutions has acquired PolyAg Recycling, a Canadian mechanical recycler of agricultural films. Financial terms of the deal were not disclosed.
054	2024-01		Stellantis N.V.	Amsterdam		Netherlands	CloudMade	Software, Automobiles,	None	Undisclosed	Stellantis N.V. has acquired CloudMade, a software company focused on automotive solutions. The asset-centric acquisition involves cloud software, developer kits and 44 engineers. Financial terms of the deal were not disclosed.
053	2024-01		Quantum Lifecycle Partners	Toronto	Ontario	Canada	Paragon Bay Group	ITAD, IT Asset Disposition, E-Waste Reduction, Asset Recovery, Reverse Logistics	None	Undisclosed	The buyer said: Quantum Lifecycle Partners LP, Canada's largest electronics lifecycle management company, is pleased to announce its acquisition of Paragon Bay Group Inc. based in North Bay, Ontario. Paragon Bay brings operational expertise in product fulfillment, testing, in-warranty repair, asset recovery, and forward and reverse logistics services, for electronics OEMs in Canada. This marks Quantum’s fourth acquisition since its formation in 2019
052	2024-01		Fin	London		United Kingdom	Urb-It	Sustainable Logistics, Last-Mile Delivery	MaC Venture Capital	Undisclosed	Fin has acquired sustainable logistics firm Urb-It -- a last-mile delivery company that served Spain, France and the United Kingdom since 2017. Urb-it filed for bankruptcy in December 2023. Financial terms of the acquisition were not disclosed. Fin is backer by MaC Venture Capital.
051	2024-01		Thermal Technology Distribution Solutions	Cincinnati	Ohio	United States	Proheat Inc.	Industrial Temperature Management, Distribution	Gryphon Investors	Undisclosed	From the buyer: "Thermal Technology Distribution Solutions ("TTDS"), a platform for the distribution of industrial temperature management and related products, today announced it has acquired Proheat Inc., a distributor of heaters, sensors, controls, and comprehensive technical support to manufacturers. Terms of the transaction were not disclosed."
050	2024-01		Apkudo	Baltimore	Maryland	United States	Mobile reCell	IT Asset Management, ITAM, Recycling, Reuse	None	Undisclosed	Apkudo has acquired Mobile reCell -- which helps enterprises to "automate the recovery, reuse, resale and recycling of company-owned IT assets like smartphones, tablets and laptops," the companies said. Financial terms of the deal were not disclosed.
049	2024-01		EVORA Global	London		United Kingdom	Metry	Sustainability, Consulting, Environmental Data	None	Undisclosed	EVORA Global has acquired Metry, a platform for environmental data collection. EVORA gains data solutions for the global real estate and infrastructure investment industry.
048	2024-01		Flogas Britain Limited	Syston		England	Energy management division from eEnergy	Energy Distribution	None	The initial purchase price is £29.1 million. Flogas may pay an additional £8 million to £10 million in late 2025 , depending on the division's financial performance.	Flogas Britain Limited, part of the DCC Group, has acquired an energy management division from eEnergy. The initial purchase price is £29.1 million. Flogas may pay an additional £8 million to £10 million in late 2025 , depending on the division's financial performance.
047	2024-01		Municipal Equipment Inc. (MEI)	Louisville	Kentucky	United States	Link Environmental	Equipment Provider, Waste Management, Recycling	None	Undisclosed	The acquisition focuses on "top quality refuse equipment and superior customer support," the companies said.
046, 045	2024-01		Alliance Technical Group	Decatur	Alabama	United States	Chemtech Consulting Group and Air Source Testing Group of Civil & Environmental Consultants (CEC)	Environmental Compliance	None	Undisclosed	The buyer said: "These acquisitions represent key advancements in Alliance’s ongoing commitment to delivering broad-based environmental solutions to its diverse customer base."
044	2024-01		BPA	Montreal	Quebec	Canada	M&A Engineering	Engineering, Industrial Buildings	Investment firm CDPQ owns a minority stake in BPA.	Undisclosed	The buyer, based in Montreal, specializes in institutional, commercial, multi-residential, and industrial buildings, as well as sustainability. M&R Engineering is a mechanical and electrical consulting engineering firm based in Halifax, Nova Scotia. Financial terms of the deal were not disclosed. Investment firm CDPQ owns a minority stake in BPA.
043	2024-01		Commerzbank AZ	Frankfurt		Germany	Aquila Capital	Financial Services, Renewable Energy, Infrastructure Projects	None	Undisclosed	Commerzbank AG has acquired Aquila Capital -- which specializes in renewable energies and infrastructure projects. The deal will allow Commerzbank to "significantly drive forward the energy transition in Germany and Europe," the buyer said.
042	2024-01		Bitech Technologies Corp. and Bridgelink Development	Newport Beach	California	United States	Launching a joint venture.	Renewable Energy	Undisclosed	Undisclosed	Bitech Technologies Corp. and Bridgelink Development have signed a letter of intent to launch a joint venture with "an undisclosed larger infrastructure group." The effort "aims to accelerate the development and deployment of renewable energy projects in the United States, particularly in Texas, Arizona, and Louisiana.
041	2024-01		Cubico Sustainable Investments	London		United Kingdom	acquired Peel NRE’s 50% stake in Peel Cubico Renewables	Renewable Energy	None	Undisclosed	Cubico Sustainable Investments has acquired Peel NRE’s 50% stake in Peel Cubico Renewables, the strategic joint venture focused on the development of renewable energy projects in the UK. Financial terms of the deal were not disclosed.
040	2024-01		Evinyl	Bergen		Norway	Two wind farms from BlackRock	Wind Power, Renewable Energy	None	€537.5 million (US$585.44 million)	Eviny is one of Norway's largest energy and technology groups, the organization said. The acquired wind farms are located in Guleslettene and Tellenes, Norway.
039	2024-01		Heracles Group	Lykovrisi	Attica	Greece	W.A.T.T. Recycling	Recycling, Waste Management, Building Materials, Sustainable Construction	None	Undisclosed	From the buyer: "W.A.T.T. RECYCLING is one of the fastest growing and most dynamic companies in the recycling sector, offering a wide range of integrated and technologically advanced solutions for optimal solid waste management. It is a member of W.A.T.T. Group, a leader in the field of waste management and recycling, with a 35-year track record of advancing a more environmentally sustainable future for humankind."
038	2024-01		Thomson Reuters	Toronto	Ontario	Canada	World Business Media (including ESG Insurer)	Media	None	Undisclosed	From the buyer: "World Business Media Limited's editorial team provides must-have content and insight for global professionals working within the global (re)insurance and specialty markets. Its products include The Insurer, the go-to and digital source for news, analysis and data on the (re)insurance industry and The Insurer TV, which brings exclusive insight and intelligence on the market through video interviews, panel discussions and mini docuseries. Through its events business, The Insurer Events, World Business Media Limited provides networking opportunities through a global series of events, conferences and awards ceremonies."
037	2024-01		Verdantas	Dublin	Ohio	United States	Flatwoods Consulting Group	Environmental Consulting	RTC Partners	Undisclosed	Verdantas, backed by private equity form RTC Partners, has acquired Flatwoods Consulting Group. Flatwoods offers ecology and environmental regulation expertise to utility companies, water management districts, mining clients, and waste management entities across the Southeastern United States. Financial terms of the deal were not disclosed.
036	2024-01		Suma Capital	Barcelona		Spain	CH4T	Sustainability, Energy	Suma Capital	Undisclosed	Suma Capital has acquired CH4T of Verona, Italy. CH4T specializes in the management of biomethane plants for energy use. Financial terms of the deal were not disclosed. The deal is part of the SC Climate Impact Fund III, a €300 million fund. Additional investments involving the fund include Adec Global (slag valorization and aggregates treatment), Zamora Eco Energías (renewable heat networks) or Biometano Montes de Toledo (biomethane and compost production).
035	2024-01		Celnor	Reading		United Kingdom	Assurity Consulting	Environmental Consulting	None	Undisclosed	Celnor has acquired a majority stake in Assurity Consulting, an independent workplace health, safety, and environmental compliance consultancy. This is Celnor's second acquisition the past two months or so. The company acquired Brownfield Solutions in November 2023.
034	2024-01		Electric Power Engineers (EPE)	Austin	Texas	United States	ENER-i.AI	Energy Consulting, Engineering, SaaS, Software, Power Grids	None	Undisclosed	Electric Power Engineers has acquired ENER-i.AI, a SaaS software provider that helps customers to plan, operate and design modern power grids. Financial terms of the deal were not disclosed.
033	2024-01		Ipsos	New York	New York	United States	Jarmany	Data Analytics, ESG	None	Undisclosed	Market research firm Ipsos has acquired data analytics firm Jarmany of the the UK. The deal opens up new opportunities in such fields as ESG, the companies said. Ipsos has nearly 20,000 employees. Jarmany has roughly 70 employees. Financial terms of the deal were not disclosed.
032	2024-01		Sunstone Credit	New York	New York	United States	ORKA Finance	Financial Services, Solar, Renewable Energy, Lending	None	Undisclosed	Sunstone Credit, Inc., a clean energy financing platform that helps businesses go solar, has acquired ORKA Finance, a technology-enabled commercial solar lender. Financial terms of the deal were not disclosed.
031	2024-01		Sterling Power Opportunities, a subsidiary of Galway Sustainable Capital	Washington	DC	United States	Forsite Renewables	Solar Projects, Renewable Energy	Galway Sustainable Capital	Undisclosed	Sterling Power Opportunities, a subsidiary of Galway Sustainable Capital, has acquired a majority interest in Forsite Renewables, a developer of solar and battery storage projects in Charlotte, North Carolina. Financial terms of the deal were not disclosed.
030	2024-01		3E	Carlesbad	California	United States	ChemChain	Supply Chain Management, Chemicals, Sustainability, Regulatory Compliance	None	Undisclosed	Together, the companies will help customers to "accelerate global supply chain transparency and sustainability with a unique combination of technology and regulatory expertise," the firms said. Financial terms of the deal were not disclosed.
029	2024-01		TotalEnergies	Paris		France	Kyron Energy	Battery Storage	None	Undisclosed	From the buyer: "As part of its development as an integrated power player in Germany, TotalEnergies has signed an agreement to acquire from its three founders the entire share capital of Kyon Energy, one of the leading developers of battery storage systems in the country. The consideration consists of a €90 million upfront payment, plus some earn out payments linked to the achievement of development targets."
028	2024-01		General Atlantic	New York	New York	United States	Actis	Growth Equity, Financial Services, Energy Transition, Sustainable Infrastructure	General Atlantic	Undisclosed	Growth equity firm General Atlantic has acquired sustainable infrastructure investor Actis. Their combined goal is to "unlock opportunities for investors that lie at the intersection of the energy transition, digitization, and the shift in economic dynamism to growth markets and beyond." Financial terms of the deal were not disclosed.
027	2024-01		Synopsys	Sunnyvale	California	United States	Ansys	Simulation Software	None	$25 Billion	Synopsys will acquire Ansys for about $35 billion in cash and stock, the software companies confirmed. Rumors about the deal have swirled since December 2023.
026	2024-01		TXO	Chepstow		Wales	Teqport	IT Services, Telecom Network Services, Recycling, Sustainability	TowerBrook Capital Partners	Undisclosed	TXO, backed by private equity firm TowerBrook Capital Partners, has acquired Teqport -- a network services provider that has asset recovery and decommissioning expertise. The deal is designed to further boost TXO's circular economy solutions in the networking market. Financial terms of the acquisition were not disclosed.
025	2024-01		BlackRock	New York	New York	United States	Global Infrastructure Partners	Financial Services, Investments, Infrastructure, Energy,	BlackRock	$12.5 Billion	Investment giant BlackRock will acquire Global Infrastructure Partners (GIP), a fund manager that invests in digital and physical infrastructure, and the movement toward decarbonization and energy security in many parts of the world.
024	2024-01		Anthesis	London		United Kingdom	Revolt	DEI, ESG, Consulting	None	Undisclosed	Revolt has grown into a team of over 70+ market-leading experts supporting C-Suite decision makers with innovative large-scale projects across sustainability and DEI strategy, communications, and creative execution.
023	2024-01		Sweco	Stockholm		Sweden	Econsultancy B.V.	Environmental Consulting	None	Undisclosed	Sweco has acquired Econsultancy B.V., an environmental consulting firm in the Netherlands. More than 200 Econsultancy engineers will join Sweco's Dutch organization -- which spans 1,900 engineerings, consultants and architects.
022	2024-01		Investcorp			Bahrain	Best in Class Technology Services (BCTS)	HVAC	Investcorp	Undisclosed; rumored enterprise value of $300 million	Investcorp of Bahrain has acquired Best in Class Technology Services -- an 800-person HVAC integrator in Lenexa, Kansas, The Wall Street Journal reported. Though financial details weren’t disclosed, the deal had an enterprise value of around $300 million and generates annual revenue ranging from $160 million to $200 million, the Journal reported. Investcorp also invested in Shearer Supply of Dallas, Texas, in April 2023, the report noted.
021	2024-01		TRC Companies	Windsor	Connecticutt	United States	Locana	Environmental Consulting, Engineering Services, Geospatial Services	None	Undisclosed	TRC Companies, an environmentally focused consulting and engineering firm, has acquired Locana -- a provider of geospatial technology and location intelligence. Financial terms of the deal were not disclosed.
020	2024-01		Energy Capital Partners (ECP)	Summit	New Jersey	United States	Triple Oak Power	Renewable Energy	Energy Capital Partners (ECP)	Undisclosed	Energy Capital Partners (ECP) has acquired Triple Oak Power from EnCap Energy Transition Fund I and its co-investors, Yorktown Partners and Mercuria Energy. Triple Oak develops and monetizes renewable energy projects to accelerate the U.S. transition to renewable energy. Financial Terms were not disclosed.
019	2024-01		Pacolet Milliken	Greenville	South Carolina	United States	Piedmont Green Power	Biomass, Energy	Pacolet Milliken	Undisclosed	Pacolet Milliken, a sustainability-focused, family-owned investment firm, has acquired Piedmont Green Power from Atlantic Power & Utilities. Piedmont operates a 55 MW biomass-fired power plant located in Barnesville, Georgia. Manulife financed the deal. Valuation terms were not disclosed.
018	2024-01		Intel	Santa Clara	California	United States	Silicon Mobility	Hardware, Software, Mobility, Energy Efficiency, Electric Vehicles, EVs	None	Undisclosed	Intel has acquired Silicon Mobility, which develops semiconductor hardware and software that improve electric vehicle (EV) energy efficiency. Financial terms of the deal were not disclosed.
017	2024-01		Ridgewood Infrastructure	New York	New York	United States	Waste Resources Management (WRM)	Waste Management, Sustainability	Ridgewood Infrastructure	Undisclosed	From the buyer: "Ridgewood Infrastructure LLC (“Ridgewood”), a leading infrastructure investor in the U.S., today announced the acquisition of Waste Resources Management (“WRM”), a mission-critical provider of liquids and wastewater collection, treatment, and disposal serving the commercial and industrial market."
016	2024-01		VelocityEHS	Chicago	Illinois	United States	Contactor Compliance	EHS, ESG, Software	Contractor Compliance	Undisclosed	From the buyer: " VelocityEHS, the global leader in enterprise EHS & ESG software solutions, announced today it has completed the acquisition of Contractor Compliance(opens in a new tab), a Canadian-based enterprise safety and risk management software solution provider. The deal adds innovative third-party contractor and vendor compliance capabilities to the award-winning VelocityEHS Accelerate Platform."
015	2024-01		T.Loop	Stockholm		Sweden	Stockholm data center	Data Centers, Green IT, Sustainability	Undisclosed	Undisclosed	From the company: "T.Loop is pioneering sustainable IT operations by integrating data centers into the energy system, offering a circular solution to your IT needs. We design and build our own Data Energy Center® to maximize sustainability. Our colocation customers benefit from modern data centers for Edge, AI and HPC. We can confidently say that a Data Energy Center® has 30% lower energy costs and 100% lower climate footprint compared to a traditional data center."
014	2024-01		Sphera	Chicago	Illinois	United States	SupplyShift	Software, ESG, Supply Chain Sustainability	Blackstone	Undisclosed	Sphera, backed by Blackstone's private equity arm, has acquired supply chain sustainability software company SupplyShift. Among the key results: Sphera'a customers and partners should gain deeper Scope 3 supply chain visibility capabilities. Financial terms of the deal were not disclosed.
013	2024-01		Environmental Science Associates (ESA)	San Francisco	California	United States	Janicki Environmental	Environmental Services	None	Undisclosed	The acquisition will "greatly strengthen ESA’s aquatic science and water quality and quantity capabilities as well as expanding services for clients in the water, transportation, and natural resources management markets," the buyer said.
012, 011	2024-01		Liberty Tire Recycling	Pittsburgh	Pennsylvania	United States	McGee Tire and Empire Tire	Recycling	None	Undisclosed	Liberty Tire Recycling has acquired McGee Tire and Empire Tire, further growing its presence in the Florida tire recycling market, Environment and Energy Leader reported. Financial terms of each deal were not disclosed.
010	2024-01		Badger Meter Inc.	Milwaukee	Wisconsin	United States	Remote water monitoring hardware and software from Trimble	Energy Management, Software, Smart Water Metering	None	Undisclosed	Badger Meter Inc. of Milwaukee, Wisconsin, has acquired remote water monitoring hardware and software from Trimble. Badger Meter gains real-time monitoring hardware and software targeted at distributed data collection for applications in water, wastewater, stormwater and environmental water monitoring, the buyer said. Financial terms of the deal were not disclosed.
009	2024-01		Südpack	Ochsenhausen		Germany	Majority stake in Carboliq	Chemical Recycling	None	Undisclosed	Südpack has acquired a majority stake in Carboliq -- a chemical recycling specialist. Südpack, based in Germany, owned a minority stake in Carboliq ahead of this latest investment. Financial terms of the deal were not disclosed.
008	2024-01		Danfoss	Nordberg		Denmark	ENFOR’s district energy software	Engineering, Industrial Machinery, Software, Energy Management	None	Undisclosed	Danfoss has acquired ENFOR’s district energy software. The acquired assets align with the Danfoss Leanheat suite of sustainable heating and cooling solutions -- which allow customers to optimize energy consumption and improve operational efficiency of district energy and buildings. Danfoss had been a minority shareholder in ENFOR since 2020. Financial terms of the acquisition were not disclosed.
007	2024-01		Thermon Group Holdings	Austin	Texas	United States	Vapor Power International	Industrial Process Heating	None	Undisclosed	Thermon Group Holdings has acquired Vapor Power International, a provider of industrial process heating solutions. The deal is part of Thermon Group's strategy to "profitably grow through decarbonization, diversification and digitization initiatives," CEO Bruce Thames said. Vapor Power's revenue was more than $50 million in 2023. Thermon expects the transaction to be accretive to GAAP earnings per share in the first 12 months. The purchase price and deal valuation were not disclosed.
006	2024-01		Macquarie Asset Management	Sydney	NSW	Australia	Enel Green Power Hellas	Renewable Energy, Wind, Solar, Hydro Power	Macquarie Asset Management	€250 million for 50% (total company value: €500 million	Macquarie Asset Management has acquired 50% of Enel Green Power Hellas for roughly €250 million. Enel Green Power Hellas is a renewable energy developer and operator in Greece, with a 566 MW portfolio of onshore wind, solar, and hydropower projects in operation or under construction across its mainland and islands, Macquarie said.
005	2024-01		USD Clean Fuels	Houston	Texas	United States	West Colton Rail Terminal	Logistics Infrastructure, Supply Chains	Ara Partners	Undisclosed	Private equity firm Ara Partners has acquired USD Clean Fuels (USDCF), a developer of logistics infrastructure in North America for the renewable fuels value chain. USDCF, in turn, has acquired the West Colton Rail Terminal -- a biofuels terminal in California. Financial terms of the deals were not disclosed.
004	2024-01		Ara Partners	Houston	Texs	United States	USD Clean Fuels (USDCF)	Logistics Infrastructure, Supply Chains	Ara Partners	Undisclosed	Private equity firm Ara Partners has acquired USD Clean Fuels (USDCF), a developer of logistics infrastructure in North America for the renewable fuels value chain. USDCF, in turn, has acquired the West Colton Rail Terminal -- a biofuels terminal in California. Financial terms of the deals were not disclosed.
003	2024-01		GWSO INC (Global Warming Solution Inc)	Temecula	California	United States	AQST USA LLC.	Clean Energy, Space	None	Undisclosed	Together, the businesses will focus on space systems, advanced technologies, and clean energy solutions. Financial terms of the deal were not disclosed.
002	2024-01		Shyft Global Services, a TD-Synnex division	Clearwater	Florida	United States	Cokeva	IT Repair, IT Asset Management (ITAM), End of Life, EOL	None	Undisclosed
001	2024-01		NexifRatch Energy Investments			Singapore	Hydro power plant in Lao Cai province, Vietnam	Renewable Energy, Hydro Power	NexifRatch Energy Investments	Undisclosed	Statement from the buyer: "Nexif Ratch Energy Investments Pte. Ltd. (“Nexif Ratch Energy”) is pleased to announce its successful acquisition of the 30 MW Minh Luong run-of-river hydro power plant with peak hour storage located in Lao Cai province, Vietnam. The acquisition contributes to strengthening the Nexif Ratch Energy portfolio’s growth path in renewables and will create a stable and recurring income through a long term PPA."

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