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New Deal


Announced

Advent-backed INNIO to acquire Northeast-Western Energy Systems.

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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natural gas

clean energy solutions

Alternative Fuels

Friendly

Single Bidder

Private

Cross Border

Pending

United States

Acquisition

Renewable Energy Equipment

Majority

Private Equity

Synopsis

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Advent-backed INNIO, an energy solution and service provider that empowers industries and communities to make sustainable energy work today, agreed to acquire Northeast-Western Energy Systems, an integrator of Jenbacher clean natural gas Combined Heat and Power, biogas, landfill gas and wood gas to energy solutions. Financial terms were not disclosed. “Building on our successful collaboration with the very experienced Northeast-Western Energy Systems team, we will now be able to further grow our business in North America. Not only can we increase our offering for new installations and related services, but we add outstanding microgrid and project management expertise to our team. I look forward to welcoming the Northeast-Western Energy Systems team to the INNIO Group,” Dr. Olaf Berlien, INNIO Group President and CEO.

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