Announced
Completed
Financials
Tags
Private
Cross Border
Renewable Energy Equipment
Completed
Acquisition
Majority
Friendly
United States
Single Bidder
energy equipment
Private Equity
Synopsis
ECP, an energy transition-focused investor, completed the acquisition of Metrus Energy, an energy as a Service and building efficiency market company. Financial terms were not disclosed. “With the race to net zero well underway, this is an exciting time for the EaaS industry as a whole and for Metrus in particular. I’m thrilled to continue executing on our long-term plans and to partner with ECP, one of the most experienced and sophisticated investors in the clean energy space with unparalleled expertise growing and enhancing businesses at the forefront of energy transitions. The ECP team shares our vision for growing the climate-positive financing platform we’ve built at Metrus and understands the importance of the efficiency sector in achieving broad global decarbonization goals," Bob Hinkle, Metrus CEO.
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