Zelestra completed the acquisition of a majority stake in East Energy.

Zelestra, a global, multi-technology, customer-focused renewable energy company, completed the acquisition of a majority stake in East Energy, a developer of innovative, multi-technology energy solutions. Financial terms were not disclosed. “This acquisition marks a significant step forward for Zelestra in Germany. By combining our resources with East Energy’s innovative approach, we are well-positioned to accelerate the energy transition in Germany. We are committed to delivering advanced, sustainable energy solutions that align with our clients’ ambitions and the country’s renewable energy goals. We warmly welcome the East Energy team to the Zelestra family, and we are excited about the potential that this collaboration will bring in the coming years,” Robert Hienz, Zelestra CEO in Germany.