Out of 60 sectors in the Mergr database, renewable energy ranked 48 in number of deals in 2007. The largest renewable energy acquisition in 2007 was Kramer Junction - which was acquired by Fortress Investment Group for $320M.
Join Mergr to view all 23 acquisitions of renewable energy companies in 2007, including 14 acquisitions by private equity firms, and 9 by strategics.
41100 Highway 395,
Boron, California 93516
Kramer Junction is comprised of five 30-megawatt solar-thermal projects that produce renewable energy under long-term contracts with Southern California Edison. The projects are managed and co-owned by FPL, the industry's leading renewable operator.
Kramer Junction was acquired by Fortress Investment Group on November 2, 2007.
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