Broad Reach Power - Ownership and Business Overview

Renewable EnergyCompany

Broad Reach Power Ownership

Who owns Broad Reach Power?

Broad Reach Power is owned by ENGIE SA. It was acquired on August 24, 2023.

Broad Reach Power Business Overview

Where is Broad Reach Power headquartered?

Broad Reach Power is headquartered in Houston, Texas.

What sector is Broad Reach Power in?

Broad Reach Power is a renewable energy company.

When was Broad Reach Power founded?

Broad Reach Power was founded in 2019.

Renewable Energy M&A Summary in 2023

Out of 60 sectors in the Mergr database, renewable energy ranked 33 in number of deals in 2023. The largest renewable energy acquisition in 2023 was Total Eren SA - which was acquired by TotalEnergies SE for $4.3B.

Join Mergr to view all 41 acquisitions of renewable energy companies in 2023, including 13 acquisitions by private equity firms, and 28 by strategics.

Broad Reach Power

Broad Reach Power LLC

5444 Westheimer Rd., Suite 1000,
Houston, Texas 77056
United States,
www.broadreachpower.com

Broad Reach Power is a utility-scale storage independent power producer (IPP). Broad Reach Power owns a 16-gigawatt portfolio of utility-scale solar and energy storage power projects in Montana, California, Wyoming, Utah, and Texas which give utilities, generators and customers access to technological insight and tools for managing merchant power risk so they can better match supply and demand. Broad Reach Power was founded in 2019 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.2/yr) # - - 1 - - - 1
  1

Most Recent M&A

Company Date Value Type
Broad Reach Power - 80 MWac pre-operational solar project 2021-05-05 - Divestiture
Houston, Texas
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Renewable Energy - - 1 (100%) -
Total - - 1 -

By Geo

State/Country Buy Value Sell Value
United States - - 1 -
  Texas - - 1 -
Total - - 1 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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