Energy Central News

Curated power industry news from thousands of top sources.


Energy & Sustainability M&A Activity — June 2021

  • Jul 22, 2021 12:10 pm GMT
Mondaq Business Briefing

Recent M&A Activity:

  • May 7, 2021: ESS Tech, Inc., a manufacturer of non-toxic, long-duration iron flow batteries for commercial and utility-scale energy storage, announced a business combination with ACON S2 Acquisition Corp., a special purpose acquisition company. After completion of the transaction, ESS will be publicly listed and will be valued at a $1.072 billion pro forma enterprise value.
  • May 7, 2021: Birdseye Renewable Energy, a developer of utility scale solar and storage facilities in the southeastern United States, was acquired by Dominion Energy for $38.05 million. Dominion Energy, a utility provider for 16 states, will use the acquisition to meet its goals to expand the use of renewable energy throughout its service region.
  • May 10, 2021: TerraScale, a developer of renewable-energy powered data centers, and iQ International, a battery manufacturer, agreed to a merger. The combined company will focus on enhancing sustainability and security in data center design.
  • May 11, 2021: NR3, LLC, which uses zero-emissions processes to convert animal and agriculture waste into renewable biogas, was acquired by Montauk Renewables, Inc. Montauk seeks to deploy NR3's technologies to harness energy from the U.S. swine industry.
  • May 19, 2021: SparkCognition acquired Ensemble Energy, developer of a predictive analytics and asset management platform for the renewable energy industry, for an undisclosed amount. SparkCognition provides artificial intelligence solutions for various industries including defense, manufacturing, and energy industries.
  • May 26, 2021: Dometic, which provides mobile living products for use in RVs, boats, and campers, purchased Zamp Solar, a manufacturer of portable, off-grid solar modules, for an undisclosed amount.

*Source: PitchBook

Originally published 21, June 2021

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mr Thomas Burton III


One Financial Center


MA 02111


Tel: 6175426000

Fax: 6175422241




Spell checking: Press the CTRL or COMMAND key then click on the underlined misspelled word.

No discussions yet. Start a discussion below.

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »