M&A Deal Summary

QE Solar Acquires Tritium3 Renewable Services

On July 6, 2023, QE Solar acquired renewable energy company Tritium3 Renewable Services

Acquisition Highlights
  • This is QE Solar’s 1st transaction in the Renewable Energy sector.
  • This is QE Solar’s 1st transaction in the United States.
  • This is QE Solar’s 1st transaction in Hawaii.

M&A Deal Summary
Date 2023-07-06
Target Tritium3 Renewable Services
Sector Renewable Energy
Buyer(s) QE Solar
Deal Type Add-on Acquisition

Target

Tritium3 Renewable Services

Honolulu, Hawaii, United States
website
Tritium3 Renewable Services provides comprehensive renewable energy development, construction, consulting and operations and maintenance services for utility-scale and commercial battery and solar projects. Tritium3 Renewable Services was founded in 2012 and is based in Honolulu, Hawaii.

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Buyer(S) 1

Buyer

QE Solar

Cranford, New Jersey, United States

website

Category Company
Founded 2010
Sector Renewable Energy
DESCRIPTION

QE Solar specializes in the operations and maintenance (O&M) of all solar photovoltaic (PV) systems, battery storage systems (BESS), technical compliance, and various other electrical systems management associated with solar PV projects. It regularly performs third-party PV system audits and verifications, full system commissioning services, Independent Engineering (IE) Services, electrical troubleshooting/testing, comprehensive IV curve traces, aerial drone IR scans, PV consulting services, and a variety of other solar performance-related services. QE Solar was formed in 2010 and is based in Cranford, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Hawaii) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

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