M&A Deal Summary

Pearce Renewables Acquires Mountain Renewables

On September 16, 2021, Pearce Renewables acquired renewable energy company Mountain Renewables

Acquisition Highlights
  • This is Pearce Renewables’ 1st transaction in the Renewable Energy sector.
  • This is Pearce Renewables’ 2nd transaction in the United States.
  • This is Pearce Renewables’ 1st transaction in California.

M&A Deal Summary
Date 2021-09-16
Target Mountain Renewables
Sector Renewable Energy
Buyer(s) Pearce Renewables
Deal Type Add-on Acquisition

Target

Mountain Renewables

Tehachapi, California, United States
website
Mountain Renewables is a national provider of technical field services for wind energy and utility-scale solar. Mountain Renewables utilizes data-driven insights throughout the project lifecycle to deliver optimal outage management. Mountain Renewables is based in Tehachapi, California.

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Buyer(S) 1

Buyer

Pearce Renewables

Paso Robles, California, United States

website

Category Company
Sector Renewable Energy
DESCRIPTION

Pearce Renewables is a national provider of operations and maintenance services for mission-critical renewable energy infrastructure. The company safely services its Wind, Solar, EV Charging, and Energy Storage infrastructure customers around the clock. With nationwide coverage, Pearce Renewables can deploy its highly trained technicians quickly and efficiently to provide unmatched response times, quality, and consistent service for distributed mission-critical assets.

DEAL STATS #
Overall 2 of 3
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 2 of 3
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-03 Mortenson Energy Services

Minneapolis, Minnesota, United States

Mortenson Energy Services provides renewable energy repair and maintenance services and is well known in the wind industry for highly experienced teams in corrective maintenance, blade repair, and major and mid-level component exchange, as well as troubleshooting, commissioning, and other technical operations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-02 MFG Energy Services

Gainesville, Texas, United States

MFG Energy Services is a provider of composite repair, engineering, maintenance, and inspection services for wind turbine components. MFG Energy Services was founded in 2007 and is based in Gainesville, Texas.

Buy -
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