Pinnacle Renewable Energy - Ownership and Business Overview

Renewable EnergyCompany

Pinnacle Renewable Energy Ownership

Who owns Pinnacle Renewable Energy?

Pinnacle Renewable Energy is owned by Drax Group. It was acquired on February 8, 2021.

Was Pinnacle Renewable Energy formerly PE-backed?

Yes. Pinnacle Renewable Energy was formerly owned by 1 private investor.

Pinnacle Renewable Energy Business Overview

Where is Pinnacle Renewable Energy headquartered?

Pinnacle Renewable Energy is headquartered in Richmond, British Columbia.

What is Pinnacle Renewable Energy’s revenue?

Pinnacle Renewable Energy disclosed revenue of 378M CAD for 2019 and 347M CAD for 2018.

What sector is Pinnacle Renewable Energy in?

Pinnacle Renewable Energy is a renewable energy company.

When was Pinnacle Renewable Energy founded?

Pinnacle Renewable Energy was founded in 1989.

Renewable Energy M&A Summary in 2021

Out of 60 sectors in the Mergr database, renewable energy ranked 39 in number of deals in 2021. The largest renewable energy acquisition in 2021 was Marc Jones Construction - which was acquired by ADT for $825M.

Join Mergr to view all 73 acquisitions of renewable energy companies in 2021, including 21 acquisitions by private equity firms, and 52 by strategics.

Pinnacle Renewable Energy

Pinnacle Renewable Energy, Inc.

350-3600 Lysander Lane,
Richmond, British Columbia V7B 1C3
Canada,
(604) 270-9613
www.pinnaclepellet.com

Pinnacle Renewable Energy is a producer of industrial wood pellets in the world. Pinnacle Renewable Energy's products are used to displace fossil fuels in the production of baseload electrical power in key markets around the world. Pinnacle Renewable Energy operates nine production facilities in Western Canada and one in Alabama, with one additional facility under construction in Alabama and more in development. Pinnacle Renewable Energy was founded in 1989 and is based in Richmond, British Columbia.


Company Summary

SECTOR

Renewable Energy

Revenue

378   9% 2019
347   19% 2018
292   2017
(millions of CAD)

Established

1989

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