Announced
Completed
Financials
Sources
Tags
Renewable Energy Equipment
United States
Domestic
energy storage
Completed
Acquisition
Single Bidder
Majority
Friendly
Private
Synopsis
PLH Energy, a full-service energy infrastructure construction provider, completed the acquisition of EnerDel, a a designer and manufacturer of lithium-ion energy storage solutions. Financial terms were not disclosed. "I am delighted we were able to complete this acquisition. EnerDel is a great company that I have been associated with for almost 8 years. Becoming American owned will make EnerDel an easier choice for our customers, suppliers and employees. We are committed to improving the competitive position of our customers and are poised to launch a new range of products that will do just that," Paul Herbert, EnerDel Director.
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