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New Deal


Announced

Completed

ECP completed the acquisition of Pivot Energy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private Equity

solar energy equipments

Friendly

Completed

Domestic

Single Bidder

Renewable Energy Equipment

Majority

Acquisition

Private

Synopsis

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ECP, an investor with a decades-long reputation in the renewable and sustainable solutions sector, completed the acquisition of Pivot Energy, a national commercial and community solar developer. Financial terms were not disclosed. "We are thrilled to partner with ECP in the next phase of growth for Pivot Energy. With ECP's deep expertise in the renewable energy sector, strategic investment mindset and world class resources, we are well-positioned to accelerate project development, expand our product offerings and enable project ownership. In partnership, we look forward to advancing clean energy and creating a positive impact for our stakeholders and our planet," Tom Hunt, Pivot Energy CEO.

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