Soluna - Ownership and Business Overview

Renewable EnergyCompany

Soluna Ownership

Who owns Soluna?

Soluna is owned by Mechanical Technology. It was acquired on August 12, 2021.

Soluna Business Overview

Where is Soluna headquartered?

Soluna is headquartered in New York, New York.

What sector is Soluna in?

Soluna is a renewable energy company.

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.

Soluna

Soluna Computing, Inc.

New York, New York 10168
United States,
www.solunacomputing.com

Soluna is an operator of power data centers specializing in performing batchable computing, such as cryptocurrency mining. Soluna’s scalable, on-demand data centers buy every excess megawatt from renewable energy projects, increasing project revenue while eliminating wasted energy. Implementing Soluna data centers is a low-risk, low-friction process due to the company’s four pillars of expertise: Project development, energy markets, project finance, and computing technology. Soluna has molded this unique expertise into a proven project finance structure and revenue-generating solution. Soluna is based in New York City.


Company Summary

SECTOR

Renewable Energy

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