Announced
Completed
Financials
Sources
Tags
solar energy
Cross Border
Majority
United States
Renewable Energy Equipment
Single Bidder
Private
Acquisition
Completed
Friendly
Synopsis
Axium Infrastructure, an investment company, completed the acquisition of BlueWave, a solar and energy storage developer. Financial terms were not disclosed. "This acquisition marks a pivotal new period in BlueWave's history. It was crucial for us to find a like-minded owner who shares in our mission to revolutionize renewable energy and to help us scale, and that partner is unequivocally Axium. Axium's ownership will enable tremendous growth opportunities as we look to own and operate our development assets and continue pioneering in dual-use solar development, storage development and accessibility of renewable energy for low- to middle income communities," Trevor Hardy, BlueWave CEO.
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