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Announced

True Green Capital to acquire a majority stake in CleanChoice Energy.

Financials

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

Tags

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Single Bidder

Private

cleantech

United States

Majority

Private Equity

Acquisition

Renewable Energy Equipment

Domestic

Friendly

Pending

Synopsis

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True Green Capital, a specialized renewable energy infrastructure investment firm, agreed to acquire a majority stake in CleanChoice Energy, a direct-to-consumer clean energy provider. Financial terms were not disclosed. "We are thrilled to partner with CleanChoice on their journey to becoming a fully integrated green utility We see this as a natural extension of our firm's community solar strategy - providing more customers with access to locally-generated renewable energy, while also enabling high quality retail offtake for our project assets," Bo Wiegand, TGC Partner and Co-Founder.

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