Merger Links

Fidelity Energy & Sustainability to acquire Power of Clean Energy.

Announced

Transaction Tags

  • United States
  • Acquisition
  • Majority
  • renewable energy
  • Renewable Energy Equipment
  • Domestic
  • Private
  • Friendly
  • Pending
  • Single Bidder

Synopsis

Fidelity Energy & Sustainability, a technical building services and solutions provider, agreed to acquire Power of Clean Energy, a renewable energy. Financial terms were not disclosed. "Power of Clean Energy is a visionary company that looks at the energy needs of its customers through a futuristic lens to provide long-term sustainable solutions that will positively impact customer bottom lines and our environment. The positive team culture and client dedication make PCE a great addition as we scale Fidelity Energy & Sustainability's footprint. We are ecstatic to welcome this team to our company," Dan Weeden, Fidelity Energy & Sustainability President.

Sources

Press Release

Fidelity Energy & Sustainability

Transaction Value

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Consideration Type

Cash

Capital Owned

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Capital bid for

100%

EV/Sales

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EV/EBITDA

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Share Price Premium

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