Announced
Financials
Sources
Tags
Alternative Fuels
solar energy
United States
Acquisition
Private Equity
Majority
Friendly
Pending
Single Bidder
Private
Cross Border
Synopsis
EQT, a private equity firm, agreed to acquire Cypress Creek Renewables, a solar and storage energy company, from private equity firm HPS Investment Partners and Temasek. Financial terms were not disclosed. "Cypress Creek Renewables is thrilled to have EQT backing our talented team and multi-year growth plan, centered on our mission of powering a sustainable future, one project at a time. With EQT, we will accelerate our sustainable growth in developing the highest-value solar and storage energy projects, providing best-in-class O&M services for ourselves and our customers, and expanding our fleet of operating assets," Sarah Slusser, Cypress Creek CEO.
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