M&A Deal Summary

TIGI Acquires SOLID Solar Energy Systems

On April 15, 2024, TIGI acquired renewable energy company SOLID Solar Energy Systems

Acquisition Highlights
  • This is TIGI’s 1st transaction in the Renewable Energy sector.
  • This is TIGI’s 1st transaction in Austria.

M&A Deal Summary
Date 2024-04-15
Target SOLID Solar Energy Systems
Sector Renewable Energy
Buyer(s) TIGI
Deal Type Add-on Acquisition

Target

SOLID Solar Energy Systems

Graz, Austria
website
SOLID Solar Energy Systems is a solar thermal company that has installed 300 solar thermal systems worldwide. The company serves customers in industry for process heat, district heating infrastructure, and commercial buildings for solar heating, cooling, and hot water. SOLID Solar Energy Systems is based in Graz, Austria.

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Buyer(S) 1

Buyer

TIGI

Hod Hasharon, Israel

website

Category Company
Sector Renewable Energy
DESCRIPTION

TIGI develops renewable heat generation and storage solutions and services, generating savings and reducing environmental impact. It supplies efficient systems that include its own patented and highly efficient solar thermal collectors, industrial heat pumps, smart storage, and cloud services. TIGI is based in Hod Hasharon, Israel.

DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Austria) 1 of 1
Year (2024) 1 of 1
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