Announced
Completed
Financials
Sources
Tags
United States
utility
Multi-Utilities
Acquisition
Domestic
Majority
Private
Completed
Friendly
Single Bidder
Synopsis
Cordia, an energy solutions provider, completed the acquisition of three microgrids and district energy systems in Allegheny County from Essential Utilities, an utility company, for $165m. "We are excited to announce the successful completion of the acquisition of three cutting-edge energy systems in Allegheny County. These strategic acquisitions not only strengthen Cordia's presence in the Pittsburgh region but also emphasizes our commitment to supporting critical institutions with efficient and sustainable energy solutions," Earl Collins, Cordia CEO.
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