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Announced

Completed

Canyon Renewables completed the acquisition of a minority stake in Catalyze from EnCap.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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United States

renewable energy

Renewable Energy Equipment

Friendly

Minority

Private

Acquisition

Completed

Single Bidder

Domestic

Synopsis

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Canyon Renewables, a battery energy storage system company, completed the acquisition of a minority stake in Catalyze, a company that develops, owns, and operates solar and battery storage infrastructure for commercial and industrial properties, from EnCap, an American private equity firm. Financial terms were not disclosed.

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