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New Deal


Announced

Completed

Pivot Energy completed the acquisition of SGC Power.

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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solar power

solar developer

Acquisition

Completed

Alternative Fuels

Majority

United States

Domestic

Private

Friendly

Single Bidder

Synopsis

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Pivot Energy, a national renewable energy provider, completed the acquisition of SGC Power, a community solar developer. Financial terms were not disclosed. "SGC Power is a community solar leader with deep industry experience. We are excited to welcome their team to Pivot Energy. Together, we can further accelerate the transition to decentralized renewable energy while providing real cost-savings to businesses and families across the country," Tom Hunt, Pivot Energy CEO.

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